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

Ellsworth Advisors LLC lowered its stake in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 3.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,689 shares of the utilities provider’s stock after selling 1,027 shares during the quarter. Ellsworth Advisors LLC’s holdings in Consolidated Water were worth $915,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of CWCO. BlackRock Inc. increased its holdings in shares of Consolidated Water by 344.1% during the second quarter. BlackRock Inc. now owns 985,963 shares of the utilities provider’s stock valued at $23,890,000 after acquiring an additional 763,948 shares in the last quarter. Legal & General Group Plc increased its holdings in Consolidated Water by 16,054.8% in the 3rd quarter. Legal & General Group Plc now owns 331,982 shares of the utilities provider’s stock worth $9,442,000 after buying an additional 329,927 shares during the period. Geode Capital Management LLC increased its holdings in Consolidated Water by 137.9% in the 2nd quarter. Geode Capital Management LLC now owns 326,009 shares of the utilities provider’s stock worth $7,899,000 after buying an additional 188,963 shares during the period. Invesco Ltd. increased its holdings in Consolidated Water by 86.8% in the 3rd quarter. Invesco Ltd. now owns 379,739 shares of the utilities provider’s stock worth $10,800,000 after buying an additional 176,412 shares during the period. Finally, Vanguard Group Inc. acquired a new position in Consolidated Water in the 1st quarter worth approximately $1,796,000. Institutional investors and hedge funds own 55.16% of the company’s stock.

Consolidated Water Price Performance

NASDAQ:CWCO traded down $0.74 during midday trading on Friday, hitting $29.31. The company’s stock had a trading volume of 650,908 shares, compared to its average volume of 131,801. Consolidated Water Co. Ltd. has a fifty-two week low of $14.92 and a fifty-two week high of $38.29. The firm’s 50 day moving average is $30.10 and its 200-day moving average is $31.71.

Consolidated Water Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 1st will be issued a $0.095 dividend. The ex-dividend date is Thursday, March 28th. This represents a $0.38 annualized dividend and a yield of 1.30%.

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.