Allworth Financial LP Acquires 2,033 Shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Allworth Financial LP increased its holdings in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 643.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,349 shares of the utilities provider’s stock after acquiring an additional 2,033 shares during the quarter. Allworth Financial LP’s holdings in Consolidated Water were worth $61,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of CWCO. Geode Capital Management LLC increased its holdings in shares of Consolidated Water by 5.1% during the third quarter. Geode Capital Management LLC now owns 423,163 shares of the utilities provider’s stock worth $10,669,000 after purchasing an additional 20,394 shares during the period. Inspire Investing LLC bought a new position in Consolidated Water during the 4th quarter worth $849,000. Charles Schwab Investment Management Inc. increased its stake in Consolidated Water by 2.8% during 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 period. Dynamic Technology Lab Private Ltd acquired a new position in Consolidated Water in the 3rd quarter valued at $608,000. Finally, Barclays PLC lifted its position in shares of Consolidated Water by 288.8% during the 3rd quarter. Barclays PLC now owns 20,350 shares of the utilities provider’s stock valued at $514,000 after acquiring an additional 15,116 shares during the period. Institutional investors and hedge funds own 55.16% of the company’s stock.

Insider Buying and Selling at Consolidated Water

In other news, CEO Frederick W. Mctaggart sold 2,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $28.00, for a total transaction of $56,000.00. Following the completion of the transaction, the chief executive officer now owns 271,995 shares of the company’s stock, valued at approximately $7,615,860. The trade was a 0.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.87% of the company’s stock.

Consolidated Water Stock Performance

Shares of NASDAQ CWCO opened at $27.13 on Tuesday. The stock has a market capitalization of $429.60 million, a P/E ratio of 16.75, a PEG ratio of 2.44 and a beta of 0.22. The stock’s fifty day moving average is $26.21 and its 200 day moving average is $25.95. Consolidated Water Co. Ltd. has a 52 week low of $23.55 and a 52 week high of $33.34.

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.