Consolidated Water Co. Ltd. (NASDAQ:CWCO) Shares Sold by Aspire Capital Advisors LLC

Aspire Capital Advisors LLC cut its stake in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 42.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 10,878 shares of the utilities provider’s stock after selling 8,000 shares during the period. Aspire Capital Advisors LLC owned about 0.07% of Consolidated Water worth $282,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Inspire Investing LLC acquired a new position in Consolidated Water in the 4th quarter valued at $849,000. SG Americas Securities LLC raised its position in shares of Consolidated Water by 23.9% in the fourth quarter. SG Americas Securities LLC now owns 6,479 shares of the utilities provider’s stock valued at $168,000 after buying an additional 1,251 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Consolidated Water by 54.7% in the third quarter. JPMorgan Chase & Co. now owns 299,102 shares of the utilities provider’s stock worth $7,540,000 after buying an additional 105,711 shares in the last quarter. Franklin Resources Inc. boosted its position in Consolidated Water by 3.1% during the third quarter. Franklin Resources Inc. now owns 29,860 shares of the utilities provider’s stock worth $773,000 after acquiring an additional 897 shares during the last quarter. Finally, Barclays PLC grew its stake in 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 in the last quarter. Institutional investors and hedge funds own 55.16% of the company’s stock.

Consolidated Water Trading Down 0.8 %

CWCO stock opened at $26.41 on Tuesday. The firm has a 50-day moving average of $25.99 and a two-hundred day moving average of $26.13. Consolidated Water Co. Ltd. has a 12 month low of $23.55 and a 12 month high of $33.58.

Consolidated Water Announces Dividend

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 yield of 1.67%. The ex-dividend date of this dividend is Thursday, January 2nd.

Consolidated Water 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.