Teton Advisors Inc. Has $1.60 Million Stake in Consolidated Water Co. Ltd. (NASDAQ:CWCO)

Teton Advisors Inc. decreased its stake in shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) by 20.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 45,000 shares of the utilities provider’s stock after selling 11,700 shares during the quarter. Teton Advisors Inc. owned about 0.29% of Consolidated Water worth $1,602,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the business. Thompson Siegel & Walmsley LLC bought a new position in Consolidated Water during the 3rd quarter valued at $29,000. AdvisorNet Financial Inc bought a new stake in shares of Consolidated Water during the 4th quarter worth $71,000. Bank of New York Mellon Corp raised its stake in shares of Consolidated Water by 3.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 58,218 shares of the utilities provider’s stock worth $1,656,000 after purchasing an additional 2,157 shares during the period. Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of Consolidated Water by 194.5% during the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,347 shares of the utilities provider’s stock worth $124,000 after purchasing an additional 2,871 shares during the period. Finally, USA Financial Formulas bought a new stake in shares of Consolidated Water during the 4th quarter worth $108,000. Institutional investors and hedge funds own 55.16% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Consolidated Water from a “buy” rating to a “hold” rating in a research note on Wednesday, April 24th.

Consolidated Water Trading Up 0.3 %

Consolidated Water stock traded up $0.08 during midday trading on Tuesday, reaching $25.45. The stock had a trading volume of 72,815 shares, compared to its average volume of 143,044. Consolidated Water Co. Ltd. has a 12 month low of $16.50 and a 12 month high of $38.29. The firm’s 50-day moving average price is $27.39 and its 200 day moving average price is $30.97.

Consolidated Water Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 1st will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, March 28th.

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.