Consolidated Water Co. Ltd. (NASDAQ:CWCO) Shares Acquired by Barclays PLC

Barclays PLC boosted its holdings in Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 288.8% in the third quarter, HoldingsChannel.com reports. The firm owned 20,350 shares of the utilities provider’s stock after acquiring an additional 15,116 shares during the period. Barclays PLC’s holdings in Consolidated Water were worth $514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Oliver Lagore Vanvalin Investment Group bought a new position in Consolidated Water in the 2nd quarter worth about $27,000. Charles Schwab Investment Management Inc. boosted its position in Consolidated Water by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 43,175 shares of the utilities provider’s stock worth $1,088,000 after acquiring an additional 1,159 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Consolidated Water by 7.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 17,117 shares of the utilities provider’s stock worth $454,000 after purchasing an additional 1,210 shares in the last quarter. nVerses Capital LLC acquired a new position in shares of Consolidated Water during the third quarter valued at $33,000. Finally, Atria Investments Inc raised its stake in shares of Consolidated Water by 15.4% during the third 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 in the last quarter. Institutional investors own 55.16% of the company’s stock.

Consolidated Water Stock Performance

CWCO opened at $25.84 on Friday. Consolidated Water Co. Ltd. has a one year low of $23.55 and a one year high of $35.22. The company has a market capitalization of $409.18 million, a PE ratio of 18.46, a P/E/G ratio of 2.54 and a beta of 0.21. The stock’s fifty day moving average is $25.60 and its 200-day moving average is $26.02.

Consolidated Water Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Thursday, January 2nd. Consolidated Water’s payout ratio is 31.43%.

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.