Brighton Jones LLC Takes $219,000 Position in Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Brighton Jones LLC purchased a new stake in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,164 shares of the utilities provider’s stock, valued at approximately $219,000.

A number of other large investors also recently modified their holdings of CWCO. Thompson Siegel & Walmsley LLC acquired a new position in shares of Consolidated Water during the third quarter valued at $29,000. AdvisorNet Financial Inc acquired a new position in Consolidated Water during the fourth quarter worth about $71,000. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Consolidated Water by 194.5% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,347 shares of the utilities provider’s stock worth $124,000 after acquiring an additional 2,871 shares during the period. Russell Investments Group Ltd. acquired a new position in Consolidated Water during the fourth quarter worth about $143,000. Finally, SG Americas Securities LLC acquired a new position in Consolidated Water during the third quarter worth about $148,000. 55.16% of the stock is owned by institutional investors and hedge funds.

Consolidated Water Stock Up 0.9 %

NASDAQ:CWCO opened at $26.26 on Friday. The business’s 50-day moving average price is $27.16 and its 200 day moving average price is $30.88. Consolidated Water Co. Ltd. has a 52-week low of $16.94 and a 52-week high of $38.29.

Consolidated Water Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors 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 dividend on an annualized basis and a dividend yield of 1.45%.

Wall Street Analyst Weigh In

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

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.