Comprehensive Money Management Services LLC Purchases Shares of 10,065 Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Comprehensive Money Management Services LLC purchased a new position in Consolidated Water Co. Ltd. (NASDAQ:CWCO - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,065 shares of the utilities provider's stock, valued at approximately $261,000. Comprehensive Money Management Services LLC owned approximately 0.06% of Consolidated Water as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Byrne Asset Management LLC grew its position in shares of Consolidated Water by 59.3% during the fourth quarter. Byrne Asset Management LLC now owns 1,720 shares of the utilities provider's stock valued at $45,000 after purchasing an additional 640 shares in the last quarter. Allworth Financial LP raised its stake in shares of Consolidated Water by 643.4% during the fourth quarter. Allworth Financial LP now owns 2,349 shares of the utilities provider's stock valued at $61,000 after acquiring an additional 2,033 shares in the last quarter. Copeland Capital Management LLC raised its stake in shares of Consolidated Water by 37.4% during the fourth quarter. Copeland Capital Management LLC now owns 2,634 shares of the utilities provider's stock valued at $68,000 after acquiring an additional 717 shares in the last quarter. Quantbot Technologies LP increased its holdings in Consolidated Water by 1,538.3% during the fourth quarter. Quantbot Technologies LP now owns 3,981 shares of the utilities provider's stock valued at $103,000 after buying an additional 3,738 shares during the period. Finally, State of Tennessee Department of Treasury purchased a new position in Consolidated Water in the fourth quarter worth $149,000. Hedge funds and other institutional investors own 55.16% of the company's stock.

Consolidated Water Stock Performance

Shares of CWCO stock traded up $0.10 on Friday, reaching $27.27. 190,069 shares of the company were exchanged, compared to its average volume of 109,781. The company has a market cap of $434.06 million, a price-to-earnings ratio of 16.83, a P/E/G ratio of 2.44 and a beta of 0.39. The business has a 50-day moving average price of $24.56 and a 200 day moving average price of $25.81. Consolidated Water Co. Ltd. has a 1 year low of $22.69 and a 1 year high of $29.88.

Consolidated Water (NASDAQ:CWCO - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The utilities provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09. Consolidated Water had a net margin of 23.06% and a return on equity of 12.98%. The business had revenue of $33.72 million during the quarter, compared to analysts' expectations of $32.30 million. As a group, equities analysts anticipate that Consolidated Water Co. Ltd. will post 1.27 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Consolidated Water from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd.

Consolidated Water Profile

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.