Allworth Financial LP Buys 2,033 Shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Allworth Financial LP grew its stake in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 643.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,349 shares of the utilities provider’s stock after buying an additional 2,033 shares during the quarter. Allworth Financial LP’s holdings in Consolidated Water were worth $61,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in Consolidated Water by 54.7% in the third quarter. JPMorgan Chase & Co. now owns 299,102 shares of the utilities provider’s stock valued at $7,540,000 after purchasing an additional 105,711 shares during the last quarter. Inspire Investing LLC bought a new stake in Consolidated Water during the 4th quarter worth approximately $849,000. Dynamic Technology Lab Private Ltd acquired a new position in Consolidated Water in the 3rd quarter valued at approximately $608,000. Geode Capital Management LLC raised its stake in shares of Consolidated Water by 5.1% during the third quarter. Geode Capital Management LLC now owns 423,163 shares of the utilities provider’s stock valued at $10,669,000 after acquiring an additional 20,394 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Consolidated Water by 102.5% during the third quarter. Jane Street Group LLC now owns 33,190 shares of the utilities provider’s stock worth $837,000 after purchasing an additional 16,803 shares during the period. 55.16% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Consolidated Water

In related news, CEO Frederick W. Mctaggart sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $28.00, for a total value of $56,000.00. Following the sale, the chief executive officer now directly owns 271,995 shares in the company, valued at $7,615,860. This represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 5.87% of the company’s stock.

Consolidated Water Stock Down 1.5 %

Shares of Consolidated Water stock opened at $27.13 on Tuesday. The stock has a market cap of $429.60 million, a price-to-earnings ratio of 16.75, a P/E/G ratio of 2.44 and a beta of 0.22. Consolidated Water Co. Ltd. has a twelve month low of $23.55 and a twelve month high of $33.34. The company’s fifty day moving average is $26.21 and its 200 day moving average is $25.95.

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.