MRP Capital Investments LLC Has $402,000 Stock Position in Consolidated Water Co. Ltd. (NASDAQ:CWCO)

MRP Capital Investments LLC lowered its stake in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,525 shares of the utilities provider’s stock after selling 400 shares during the period. MRP Capital Investments LLC owned approximately 0.10% of Consolidated Water worth $402,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CWCO. Byrne Asset Management LLC raised its holdings in shares of Consolidated Water by 59.3% during the fourth quarter. Byrne Asset Management LLC now owns 1,720 shares of the utilities provider’s stock valued at $45,000 after purchasing an additional 640 shares during the period. Allworth Financial LP boosted its holdings in Consolidated Water by 643.4% in the 4th quarter. Allworth Financial LP now owns 2,349 shares of the utilities provider’s stock worth $61,000 after buying an additional 2,033 shares during the period. Copeland Capital Management LLC boosted its holdings in Consolidated Water by 37.4% in the 4th quarter. Copeland Capital Management LLC now owns 2,634 shares of the utilities provider’s stock worth $68,000 after buying an additional 717 shares during the period. SG Americas Securities LLC boosted its holdings in Consolidated Water by 23.9% in the 4th quarter. SG Americas Securities LLC now owns 6,479 shares of the utilities provider’s stock valued at $168,000 after purchasing an additional 1,251 shares during the period. Finally, Atria Investments Inc boosted its holdings in Consolidated Water by 15.4% in the 3rd 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 during the period. Institutional investors and hedge funds own 55.16% of the company’s stock.

Insider Transactions at Consolidated Water

In other news, CEO Frederick W. Mctaggart sold 2,000 shares of Consolidated Water stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $28.00, for a total transaction of $56,000.00. Following the completion of the sale, the chief executive officer now directly owns 271,995 shares of the company’s stock, valued at approximately $7,615,860. The trade was a 0.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 5.87% of the stock is currently owned by insiders.

Consolidated Water Price Performance

Shares of NASDAQ:CWCO opened at $27.60 on Friday. The firm has a fifty day moving average price of $26.98 and a two-hundred day moving average price of $26.05. Consolidated Water Co. Ltd. has a one year low of $23.55 and a one year high of $33.34. The company has a market cap of $437.05 million, a price-to-earnings ratio of 17.04, a PEG ratio of 2.44 and a beta of 0.19.

Consolidated Water Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Tuesday, April 1st. Consolidated Water’s dividend payout ratio is currently 27.16%.

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.