Charles Schwab Investment Management Inc. Grows Position in Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Charles Schwab Investment Management Inc. lifted its holdings in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,175 shares of the utilities provider’s stock after purchasing an additional 1,159 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Consolidated Water were worth $1,088,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CWCO. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Consolidated Water in the 2nd quarter worth $27,000. nVerses Capital LLC purchased a new stake in Consolidated Water during the third quarter valued at about $33,000. Copeland Capital Management LLC bought a new stake in Consolidated Water during the third quarter worth about $48,000. Stanley Laman Group Ltd. purchased a new position in shares of Consolidated Water in the 3rd quarter worth about $53,000. Finally, SG Americas Securities LLC bought a new position in shares of Consolidated Water during the 3rd quarter valued at about $132,000. 55.16% of the stock is currently owned by institutional investors.

Consolidated Water Price Performance

NASDAQ:CWCO opened at $26.00 on Wednesday. The company has a market capitalization of $411.71 million, a price-to-earnings ratio of 18.57, a PEG ratio of 2.54 and a beta of 0.21. The business has a 50 day moving average of $25.55 and a 200 day moving average of $26.06. Consolidated Water Co. Ltd. has a 1-year low of $23.55 and a 1-year high of $37.28.

Consolidated Water Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Thursday, January 2nd. Consolidated Water’s payout ratio is presently 31.43%.

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.