Consolidated Water (CWCO) Upgraded to “Buy” at ValuEngine

ValuEngine upgraded shares of Consolidated Water (NASDAQ:CWCO) from a hold rating to a buy rating in a report released on Monday, February 4th.

Separately, Zacks Investment Research downgraded Consolidated Water from a buy rating to a hold rating in a report on Thursday, January 3rd.

NASDAQ CWCO traded up $0.53 during trading on Monday, hitting $13.74. The company’s stock had a trading volume of 44,989 shares, compared to its average volume of 31,374. The company has a market cap of $201.57 million, a PE ratio of 28.04, a P/E/G ratio of 2.29 and a beta of 0.78. Consolidated Water has a fifty-two week low of $10.76 and a fifty-two week high of $15.35.

A number of hedge funds and other institutional investors have recently modified their holdings of CWCO. Whittier Trust Co. acquired a new stake in shares of Consolidated Water during the fourth quarter worth about $117,000. FDx Advisors Inc. acquired a new stake in shares of Consolidated Water during the fourth quarter worth about $128,000. Prudential Financial Inc. lifted its holdings in shares of Consolidated Water by 10.5% during the fourth quarter. Prudential Financial Inc. now owns 13,258 shares of the utilities provider’s stock worth $155,000 after purchasing an additional 1,258 shares during the period. LPL Financial LLC lifted its holdings in shares of Consolidated Water by 9.1% during the fourth quarter. LPL Financial LLC now owns 13,436 shares of the utilities provider’s stock worth $157,000 after purchasing an additional 1,126 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Consolidated Water during the fourth quarter worth about $161,000. 53.58% of the stock is owned by institutional investors and hedge funds.

About Consolidated Water

Consolidated Water Co Ltd., together with its subsidiaries, develops and operates seawater desalination plants and water distribution systems in the Cayman Islands, The Bahamas, Belize, the British Virgin Islands, Mexico, the United States, and Indonesia. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.

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