Consolidated Water Co. (NASDAQ:CWCO) insider John Tonner sold 6,000 shares of the company’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $11.20, for a total value of $67,200.00. Following the sale, the insider now owns 15,528 shares of the company’s stock, valued at approximately $173,913.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Consolidated Water Co. (NASDAQ:CWCO) traded down 1.3292% during trading on Tuesday, hitting $11.1498. The stock had a trading volume of 20,992 shares. The stock’s 50 day moving average price is $11.09 and its 200-day moving average price is $12.54. The stock has a market cap of $165.22 million, a P/E ratio of 41.4491 and a beta of 0.78. Consolidated Water Co. has a one year low of $10.23 and a one year high of $14.69.

Consolidated Water (NASDAQ:CWCO) last announced its quarterly earnings results on Thursday, November 10th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.29. The firm had revenue of $5.45 million for the quarter, compared to analyst estimates of $16.10 million. Consolidated Water had a return on equity of 5.03% and a net margin of 6.97%. Analysts expect that Consolidated Water Co. will post $0.61 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 31st. Stockholders of record on Monday, October 3rd were issued a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, September 29th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.65%. Consolidated Water’s dividend payout ratio is currently 111.11%.

Hedge funds have recently made changes to their positions in the company. Uniplan Investment Counsel Inc. increased its stake in Consolidated Water by 5.9% in the second quarter. Uniplan Investment Counsel Inc. now owns 445,590 shares of the company’s stock valued at $5,819,000 after buying an additional 24,818 shares during the period. Globeflex Capital L P bought a new stake in Consolidated Water during the second quarter valued at $334,000. BlackRock Institutional Trust Company N.A. increased its stake in Consolidated Water by 8.5% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 116,177 shares of the company’s stock valued at $1,517,000 after buying an additional 9,144 shares during the period. BlackRock Investment Management LLC increased its stake in Consolidated Water by 5.5% in the second quarter. BlackRock Investment Management LLC now owns 61,068 shares of the company’s stock valued at $798,000 after buying an additional 3,205 shares during the period. Finally, Vanguard Group Inc. increased its stake in Consolidated Water by 4.1% in the second quarter. Vanguard Group Inc. now owns 24,370 shares of the company’s stock valued at $318,000 after buying an additional 949 shares during the period. Institutional investors and hedge funds own 46.14% of the company’s stock.

A number of research firms have weighed in on CWCO. TheStreet lowered Consolidated Water from a “buy” rating to a “hold” rating in a report on Thursday, November 17th. Zacks Investment Research upgraded Consolidated Water from a “sell” rating to a “hold” rating in a report on Monday, October 17th.

About Consolidated Water

Consolidated Water Co Ltd. develops and operates seawater desalination plants (that utilize reverse osmosis technology) and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The Company operates in three segments: retail water operations, bulk water operations and services operations.

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