Inspire Investing LLC Acquires New Holdings in Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Inspire Investing LLC bought a new position in Consolidated Water Co. Ltd. (NASDAQ:CWCO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 32,808 shares of the utilities provider’s stock, valued at approximately $849,000.

Several other hedge funds have also modified their holdings of CWCO. Franklin Resources Inc. raised its stake in shares of Consolidated Water by 3.1% during the 3rd quarter. Franklin Resources Inc. now owns 29,860 shares of the utilities provider’s stock worth $773,000 after acquiring an additional 897 shares in the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in Consolidated Water in the second quarter worth $27,000. Charles Schwab Investment Management Inc. grew its holdings in Consolidated Water by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 43,175 shares of the utilities provider’s stock worth $1,088,000 after purchasing an additional 1,159 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of Consolidated Water by 7.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 17,117 shares of the utilities provider’s stock worth $454,000 after purchasing an additional 1,210 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Consolidated Water by 23.9% during the 4th quarter. SG Americas Securities LLC now owns 6,479 shares of the utilities provider’s stock valued at $168,000 after purchasing an additional 1,251 shares during the last quarter. 55.16% of the stock is owned by hedge funds and other institutional investors.

Consolidated Water Stock Performance

Shares of CWCO stock opened at $26.19 on Friday. The stock’s fifty day moving average price is $25.96 and its 200 day moving average price is $26.11. Consolidated Water Co. Ltd. has a 1-year low of $23.55 and a 1-year high of $33.94.

Consolidated Water Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be paid a dividend of $0.11 per share. The ex-dividend date is Thursday, January 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.68%.

Consolidated Water Company Profile

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.