TSP Capital Management Group LLC Purchases 7,075 Shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO)

TSP Capital Management Group LLC grew its position in Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 479,175 shares of the utilities provider’s stock after purchasing an additional 7,075 shares during the quarter. Consolidated Water makes up 4.2% of TSP Capital Management Group LLC’s investment portfolio, making the stock its 7th largest position. TSP Capital Management Group LLC’s holdings in Consolidated Water were worth $12,406,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC raised its stake in Consolidated Water by 5.1% during the 3rd quarter. Geode Capital Management LLC now owns 423,163 shares of the utilities provider’s stock worth $10,669,000 after acquiring an additional 20,394 shares in the last quarter. State Street Corp raised its stake in Consolidated Water by 1.8% during the 3rd quarter. State Street Corp now owns 332,902 shares of the utilities provider’s stock worth $8,392,000 after acquiring an additional 5,976 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Consolidated Water by 54.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 299,102 shares of the utilities provider’s stock worth $7,540,000 after acquiring an additional 105,711 shares in the last quarter. Farrow Financial Inc. raised its stake in Consolidated Water by 7.6% during the 3rd quarter. Farrow Financial Inc. now owns 97,510 shares of the utilities provider’s stock worth $2,458,000 after acquiring an additional 6,874 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake 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 in the last quarter. 55.16% of the stock is currently owned by institutional investors and hedge funds.

Consolidated Water Trading Up 0.8 %

Shares of NASDAQ:CWCO opened at $26.65 on Friday. The company’s fifty day moving average price is $25.97 and its 200 day moving average price is $25.99. Consolidated Water Co. Ltd. has a 12 month low of $23.55 and a 12 month high of $33.34.

Consolidated Water Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd were given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 1.65%. The ex-dividend date was Thursday, January 2nd.

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.