SlateStone Wealth LLC acquired a new position in Consolidated Water Co. Ltd. (NASDAQ:CWCO - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 31,868 shares of the utilities provider's stock, valued at approximately $1,135,000. SlateStone Wealth LLC owned approximately 0.20% of Consolidated Water at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC purchased a new position in Consolidated Water during the third quarter valued at $148,000. Commonwealth Equity Services LLC purchased a new position in Consolidated Water during the third quarter valued at $234,000. Raymond James & Associates purchased a new position in Consolidated Water during the third quarter valued at $257,000. Bank of New York Mellon Corp grew its stake in Consolidated Water by 3.8% during the third quarter. Bank of New York Mellon Corp now owns 58,218 shares of the utilities provider's stock valued at $1,656,000 after acquiring an additional 2,157 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Consolidated Water by 15,117.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,913 shares of the utilities provider's stock valued at $225,000 after acquiring an additional 7,861 shares in the last quarter. 55.16% of the stock is owned by hedge funds and other institutional investors.
Consolidated Water Trading Up 2.3 %
Shares of NASDAQ:CWCO traded up $0.56 during trading hours on Tuesday, hitting $24.81. The company's stock had a trading volume of 89,694 shares, compared to its average volume of 146,977. Consolidated Water Co. Ltd. has a 52 week low of $16.50 and a 52 week high of $38.29. The firm's fifty day moving average price is $28.02 and its 200 day moving average price is $31.22.
Consolidated Water Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 1st will be issued a $0.095 dividend. The ex-dividend date is Thursday, March 28th. This represents a $0.38 annualized dividend and a dividend yield of 1.53%.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Consolidated Water from a "hold" rating to a "buy" rating in a research note on Wednesday, April 3rd.
View Our Latest Analysis on CWCO
Consolidated Water Company Profile
(
Free Report)
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.
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