State Street Corp Buys 5,976 Shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO)

State Street Corp grew its holdings in Consolidated Water Co. Ltd. (NASDAQ:CWCOFree Report) by 1.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 332,902 shares of the utilities provider’s stock after acquiring an additional 5,976 shares during the quarter. State Street Corp owned 2.10% of Consolidated Water worth $8,392,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CWCO. AltraVue Capital LLC increased its stake in shares of Consolidated Water by 15.1% in the second quarter. AltraVue Capital LLC now owns 744,610 shares of the utilities provider’s stock worth $19,762,000 after acquiring an additional 97,740 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Consolidated Water during the third quarter worth approximately $608,000. Hussman Strategic Advisors Inc. raised its stake in Consolidated Water by 33.3% in the 2nd quarter. Hussman Strategic Advisors Inc. now owns 84,000 shares of the utilities provider’s stock valued at $2,229,000 after purchasing an additional 21,000 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Consolidated Water by 36.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 76,702 shares of the utilities provider’s stock valued at $2,036,000 after acquiring an additional 20,315 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. acquired a new position in Consolidated Water during the second quarter worth $524,000. Hedge funds and other institutional investors own 55.16% of the company’s stock.

Consolidated Water Stock Down 1.2 %

Shares of CWCO opened at $25.56 on Friday. The stock has a fifty day simple moving average of $25.54 and a two-hundred day simple moving average of $26.00. Consolidated Water Co. Ltd. has a 52-week low of $23.55 and a 52-week high of $37.17. The company has a market capitalization of $404.74 million, a PE ratio of 18.26, a price-to-earnings-growth ratio of 2.54 and a beta of 0.21.

Consolidated Water Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be given a $0.11 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 1.72%. Consolidated Water’s dividend payout ratio is currently 31.43%.

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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Institutional Ownership by Quarter for Consolidated Water (NASDAQ:CWCO)

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