Consolidated Water Co. Ltd. (NASDAQ:CWCO) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund raised its stake in Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 124.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 127,408 shares of the utilities provider’s stock after acquiring an additional 70,761 shares during the quarter. New York State Common Retirement Fund’s holdings in Consolidated Water were worth $4,536,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CWCO. Invesco Ltd. raised its stake in shares of Consolidated Water by 86.8% during the 3rd quarter. Invesco Ltd. now owns 379,739 shares of the utilities provider’s stock worth $10,800,000 after buying an additional 176,412 shares during the period. Legato Capital Management LLC acquired a new position in shares of Consolidated Water during the 4th quarter worth approximately $2,766,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Consolidated Water during the 3rd quarter worth approximately $1,486,000. MRP Capital Investments LLC raised its stake in shares of Consolidated Water by 260.3% during the 3rd quarter. MRP Capital Investments LLC now owns 65,580 shares of the utilities provider’s stock worth $1,865,000 after buying an additional 47,380 shares during the period. Finally, Navellier & Associates Inc. acquired a new position in shares of Consolidated Water during the 3rd quarter worth approximately $1,206,000. 55.16% of the stock is owned by institutional investors and hedge funds.

Consolidated Water Price Performance

NASDAQ CWCO opened at $26.26 on Friday. The business has a fifty day moving average price of $27.16 and a 200 day moving average price of $30.89. Consolidated Water Co. Ltd. has a one year low of $16.94 and a one year high of $38.29.

Consolidated Water Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Monday, April 1st were paid a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend was Thursday, March 28th.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Consolidated Water from a “hold” rating to a “buy” rating in a research note 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.