6,164 Shares in Consolidated Water Co. Ltd. (NASDAQ:CWCO) Purchased by Brighton Jones LLC

Brighton Jones LLC bought a new stake in Consolidated Water Co. Ltd. (NASDAQ:CWCO) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,164 shares of the utilities provider’s stock, valued at approximately $219,000.

A number of other hedge funds also recently added to or reduced their stakes in CWCO. Invesco Ltd. increased its holdings in Consolidated Water by 86.8% in the third quarter. Invesco Ltd. now owns 379,739 shares of the utilities provider’s stock valued at $10,800,000 after buying an additional 176,412 shares in the last quarter. Legato Capital Management LLC purchased a new position in Consolidated Water in the fourth quarter valued at about $2,766,000. New York State Common Retirement Fund increased its holdings in Consolidated Water by 124.9% in the fourth quarter. New York State Common Retirement Fund now owns 127,408 shares of the utilities provider’s stock valued at $4,536,000 after buying an additional 70,761 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Consolidated Water in the third quarter valued at about $1,486,000. Finally, MRP Capital Investments LLC increased its holdings in Consolidated Water by 260.3% in the third quarter. MRP Capital Investments LLC now owns 65,580 shares of the utilities provider’s stock valued at $1,865,000 after buying an additional 47,380 shares in the last quarter. 55.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Consolidated Water from a “hold” rating to a “buy” rating in a report on Thursday.

Consolidated Water Trading Up 0.9 %

CWCO stock opened at $26.26 on Friday. The company’s 50 day simple moving average is $27.16 and its 200-day simple moving average is $30.88. Consolidated Water Co. Ltd. has a 12 month low of $16.94 and a 12 month high of $38.29.

Consolidated Water Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 1st were given a $0.095 dividend. The ex-dividend date was Thursday, March 28th. This represents a $0.38 annualized dividend and a dividend yield of 1.45%.

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.