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

Aspire Capital Advisors LLC trimmed its position in Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 42.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 10,878 shares of the utilities provider’s stock after selling 8,000 shares during the period. Aspire Capital Advisors LLC’s holdings in Consolidated Water were worth $282,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Franklin Resources Inc. raised its holdings in Consolidated Water by 3.1% in the 3rd quarter. Franklin Resources Inc. now owns 29,860 shares of the utilities provider’s stock valued at $773,000 after buying an additional 897 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Consolidated Water by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 43,175 shares of the utilities provider’s stock valued at $1,088,000 after acquiring an additional 1,159 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Consolidated Water by 23.9% in the 4th quarter. SG Americas Securities LLC now owns 6,479 shares of the utilities provider’s stock worth $168,000 after acquiring an additional 1,251 shares during the last quarter. nVerses Capital LLC purchased a new position in shares of Consolidated Water during the 3rd quarter worth approximately $33,000. Finally, Atria Investments Inc increased its holdings in Consolidated Water by 15.4% in the 3rd quarter. Atria Investments Inc now owns 12,281 shares of the utilities provider’s stock valued at $310,000 after purchasing an additional 1,639 shares during the last quarter. Hedge funds and other institutional investors own 55.16% of the company’s stock.

Consolidated Water Stock Performance

NASDAQ:CWCO opened at $26.41 on Tuesday. Consolidated Water Co. Ltd. has a 52 week low of $23.55 and a 52 week high of $33.58. The stock’s fifty day moving average is $25.99 and its two-hundred day moving average is $26.13.

Consolidated Water Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be issued 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.

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.