Barclays PLC Boosts Stock Holdings in Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Barclays PLC grew its holdings in Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 288.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 20,350 shares of the utilities provider’s stock after acquiring an additional 15,116 shares during the quarter. Barclays PLC owned about 0.13% of Consolidated Water worth $514,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Zacks Investment Management raised its position in Consolidated Water by 13.6% during the 3rd quarter. Zacks Investment Management now owns 33,027 shares of the utilities provider’s stock worth $833,000 after buying an additional 3,956 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Consolidated Water by 102.5% in the third quarter. Jane Street Group LLC now owns 33,190 shares of the utilities provider’s stock valued at $837,000 after purchasing an additional 16,803 shares in the last quarter. State Street Corp lifted its stake in Consolidated Water by 1.8% in the 3rd quarter. State Street Corp now owns 332,902 shares of the utilities provider’s stock valued at $8,392,000 after buying an additional 5,976 shares in the last quarter. Martingale Asset Management L P increased its position in Consolidated Water by 7.0% during the third quarter. Martingale Asset Management L P now owns 25,158 shares of the utilities provider’s stock worth $634,000 after buying an additional 1,641 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of Consolidated Water by 18.7% in the third quarter. FMR LLC now owns 17,911 shares of the utilities provider’s stock worth $452,000 after acquiring an additional 2,825 shares during the last quarter. Institutional investors and hedge funds own 55.16% of the company’s stock.

Consolidated Water Stock Down 0.2 %

Shares of Consolidated Water stock opened at $25.84 on Friday. The firm has a market cap of $409.18 million, a PE ratio of 18.46, a P/E/G ratio of 2.54 and a beta of 0.21. Consolidated Water Co. Ltd. has a fifty-two week low of $23.55 and a fifty-two week high of $35.22. The business’s fifty day moving average is $25.60 and its two-hundred day moving average is $26.02.

Consolidated Water Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Thursday, January 2nd. Consolidated Water’s dividend payout ratio is presently 31.43%.

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.