Consolidated Water Co. Ltd. (NASDAQ:CWCO) Shares Purchased by Trexquant Investment LP

Trexquant Investment LP raised its stake in Consolidated Water Co. Ltd. (NASDAQ:CWCO - Free Report) by 284.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,381 shares of the utilities provider's stock after purchasing an additional 32,106 shares during the period. Trexquant Investment LP owned 0.27% of Consolidated Water worth $1,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Franklin Resources Inc. raised its stake in shares of Consolidated Water by 1.6% during the 4th quarter. Franklin Resources Inc. now owns 30,327 shares of the utilities provider's stock worth $785,000 after acquiring an additional 467 shares in the last quarter. Byrne Asset Management LLC boosted its stake in Consolidated Water by 59.3% in the 4th quarter. Byrne Asset Management LLC now owns 1,720 shares of the utilities provider's stock worth $45,000 after purchasing an additional 640 shares in the last quarter. Copeland Capital Management LLC lifted 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 worth $68,000 after buying an additional 717 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Consolidated Water by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 43,175 shares of the utilities provider's stock worth $1,088,000 after acquiring an additional 1,159 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in Consolidated Water by 23.9% during the 4th quarter. SG Americas Securities LLC now owns 6,479 shares of the utilities provider's stock worth $168,000 after acquiring an additional 1,251 shares during the period. 55.16% of the stock is currently owned by institutional investors.

Insider Transactions at Consolidated Water

In related news, CEO Frederick W. Mctaggart sold 2,000 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $28.00, for a total transaction of $56,000.00. Following the sale, the chief executive officer now directly owns 271,995 shares of the company's stock, valued at $7,615,860. This trade represents a 0.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 5.87% of the company's stock.

Consolidated Water Trading Up 1.1 %

Shares of CWCO stock traded up $0.27 during mid-day trading on Wednesday, reaching $24.30. The stock had a trading volume of 11,913 shares, compared to its average volume of 113,012. Consolidated Water Co. Ltd. has a 1-year low of $22.90 and a 1-year high of $30.32. The firm has a market cap of $385.71 million, a price-to-earnings ratio of 14.98, a PEG ratio of 2.44 and a beta of 0.27. The business's fifty day moving average is $26.13 and its 200-day moving average is $25.83.

Consolidated Water Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Tuesday, April 1st. Consolidated Water's payout ratio is 27.16%.

About Consolidated Water

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.