Consolidated Water Co. Ltd. (NASDAQ:CWCO) Shares Sold by KBC Group NV

KBC Group NV lowered its stake in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 45.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,369 shares of the utilities provider’s stock after selling 162,453 shares during the period. KBC Group NV owned about 1.21% of Consolidated Water worth $4,980,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. nVerses Capital LLC purchased a new stake in Consolidated Water during the 3rd quarter worth approximately $33,000. Copeland Capital Management LLC purchased a new stake in shares of Consolidated Water during the third quarter worth approximately $48,000. Stanley Laman Group Ltd. acquired a new position in Consolidated Water in the 3rd quarter valued at $53,000. SG Americas Securities LLC purchased a new position in Consolidated Water in the 3rd quarter valued at $132,000. Finally, Diversified Trust Co acquired a new stake in Consolidated Water during the 3rd quarter worth $309,000. Institutional investors and hedge funds own 55.16% of the company’s stock.

Consolidated Water Trading Up 1.0 %

Shares of NASDAQ CWCO opened at $26.29 on Friday. The firm has a 50-day simple moving average of $25.99 and a 200-day simple moving average of $26.12. Consolidated Water Co. Ltd. has a 52 week low of $23.55 and a 52 week high of $33.41.

Consolidated Water Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Thursday, January 2nd.

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.