Byrne Asset Management LLC Acquires 640 Shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Byrne Asset Management LLC raised its stake in Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 59.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,720 shares of the utilities provider’s stock after buying an additional 640 shares during the quarter. Byrne Asset Management LLC’s holdings in Consolidated Water were worth $45,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Copeland Capital Management LLC boosted its stake in Consolidated Water by 37.4% in the 4th quarter. Copeland Capital Management LLC now owns 2,634 shares of the utilities provider’s stock worth $68,000 after purchasing an additional 717 shares during the period. Franklin Resources Inc. grew its holdings in shares of 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 buying an additional 897 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Consolidated Water by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 43,175 shares of the utilities provider’s stock worth $1,088,000 after buying an additional 1,159 shares in the last quarter. SG Americas Securities LLC raised its position in Consolidated Water by 23.9% in the 4th 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. Finally, nVerses Capital LLC bought a new stake in Consolidated Water in the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 55.16% of the company’s stock.

Consolidated Water Trading Down 1.6 %

NASDAQ CWCO opened at $26.44 on Friday. The firm’s 50 day moving average is $25.96 and its 200-day moving average is $26.07. Consolidated Water Co. Ltd. has a 12-month low of $23.55 and a 12-month high of $33.34.

Consolidated Water Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd were given a dividend of $0.11 per share. The ex-dividend date was Thursday, January 2nd. This represents a $0.44 annualized dividend and a yield of 1.66%.

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.