Seizert Capital Partners LLC Grows Stock Holdings in Consolidated Water Co. Ltd. $CWCO

Seizert Capital Partners LLC increased its position in Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 2.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 153,975 shares of the utilities provider’s stock after buying an additional 3,419 shares during the period. Seizert Capital Partners LLC owned about 0.97% of Consolidated Water worth $4,622,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Consolidated Water during the second quarter worth about $31,013,000. Geode Capital Management LLC raised its position in shares of Consolidated Water by 1.1% during the second quarter. Geode Capital Management LLC now owns 433,685 shares of the utilities provider’s stock valued at $13,021,000 after buying an additional 4,711 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Consolidated Water by 27.3% in the first quarter. Invesco Ltd. now owns 306,288 shares of the utilities provider’s stock worth $7,501,000 after buying an additional 65,744 shares in the last quarter. Heartland Advisors Inc. lifted its holdings in shares of Consolidated Water by 146.8% in the first quarter. Heartland Advisors Inc. now owns 270,100 shares of the utilities provider’s stock worth $6,615,000 after buying an additional 160,657 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Consolidated Water by 8.3% during the first quarter. Goldman Sachs Group Inc. now owns 171,037 shares of the utilities provider’s stock worth $4,189,000 after acquiring an additional 13,061 shares during the last quarter. 55.16% of the stock is owned by institutional investors.

Consolidated Water Stock Up 0.0%

Consolidated Water stock opened at $34.30 on Wednesday. The company’s 50-day moving average price is $34.67 and its 200-day moving average price is $31.23. The company has a market cap of $546.43 million, a PE ratio of 36.49 and a beta of 0.51. Consolidated Water Co. Ltd. has a twelve month low of $22.69 and a twelve month high of $38.36.

Consolidated Water (NASDAQ:CWCO) last announced its quarterly earnings results on Monday, November 10th. The utilities provider reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.10. Consolidated Water had a net margin of 12.24% and a return on equity of 7.77%. The firm had revenue of $35.12 million during the quarter, compared to the consensus estimate of $32.90 million. As a group, sell-side analysts expect that Consolidated Water Co. Ltd. will post 1.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Roth Capital boosted their price target on shares of Consolidated Water from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. Weiss Ratings upgraded Consolidated Water from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised Consolidated Water from a “hold” rating to a “buy” rating in a research note on Sunday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $40.00.

Insider Activity at Consolidated Water

In other news, Director Raymond Whittaker sold 4,755 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $33.35, for a total transaction of $158,579.25. Following the transaction, the director owned 1,000 shares of the company’s stock, valued at approximately $33,350. The trade was a 82.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 6.25% of the company’s stock.

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.