Shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus target price of $15.00 for the company and are anticipating that the company will post $0.18 earnings per share for the current quarter, according to Zacks. Zacks has also given Consolidated Water an industry rank of 113 out of 265 based on the ratings given to its competitors.

A number of research firms have recently commented on CWCO. TheStreet downgraded Consolidated Water from a “b” rating to a “c+” rating in a report on Wednesday, November 1st. Roth Capital set a $15.00 price objective on Consolidated Water and gave the stock a “buy” rating in a report on Monday, November 13th. Finally, Zacks Investment Research downgraded Consolidated Water from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th.

Consolidated Water (NASDAQ CWCO) remained flat at $$13.15 during trading on Friday. The stock had a trading volume of 57,055 shares, compared to its average volume of 42,702. The company has a market capitalization of $195.96, a PE ratio of 23.91, a P/E/G ratio of 3.51 and a beta of 0.88. Consolidated Water has a 52-week low of $9.80 and a 52-week high of $13.95.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 3rd will be issued a dividend of $0.085 per share. This is an increase from Consolidated Water’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Tuesday, January 2nd. Consolidated Water’s dividend payout ratio (DPR) is presently 73.17%.

Large investors have recently made changes to their positions in the stock. Uniplan Investment Counsel Inc. grew its stake in Consolidated Water by 37.5% during the 3rd quarter. Uniplan Investment Counsel Inc. now owns 395,565 shares of the utilities provider’s stock valued at $5,063,000 after purchasing an additional 107,871 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Consolidated Water by 5.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 594,715 shares of the utilities provider’s stock worth $7,612,000 after buying an additional 30,567 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Consolidated Water by 156.5% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 52,255 shares of the utilities provider’s stock worth $669,000 after buying an additional 31,879 shares in the last quarter. Icon Advisers Inc. Co. raised its stake in shares of Consolidated Water by 39.1% in the 3rd quarter. Icon Advisers Inc. Co. now owns 182,342 shares of the utilities provider’s stock worth $2,334,000 after buying an additional 51,300 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Consolidated Water by 7.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 278,936 shares of the utilities provider’s stock worth $3,568,000 after buying an additional 18,938 shares in the last quarter. Institutional investors and hedge funds own 48.89% of the company’s stock.

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Consolidated Water Company Profile

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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