November 23, 2016 - By Dolores Ford
Raymond Whittaker, director of Consolidated Water Co Ltd is the insider, our financial writers want to write for today. Mr. Raymond submitted a public form with the DC-based SEC revealing a trade for 11,109 shares of the Cayman Islands-based company, the one he is an insider in. At the time of the transaction, the average stock market price of Consolidated Water Co Ltd was $11.5, making the trade worth $127,978 USD. Raymond now has in hand 23,903 shares accounting for 0.17% of the Company’s market cap
Insitutional Activity: The institutional sentiment decreased to 0.96 in 2016 Q2. Its down 0.34, from 1.3 in 2016Q1. The ratio dived, as 6 funds sold all Consolidated Water Co. Ltd. shares owned while 21 reduced positions. 9 funds bought stakes while 26 increased positions. They now own 6.09 million shares or 4.06% less from 6.35 million shares in 2016Q1.
Da Davidson And has 188,401 shares for 0.07% of their US portfolio. The New York-based Gabelli Funds Limited Company has invested 0% in Consolidated Water Co. Ltd. (NASDAQ:CWCO). Blackrock Institutional Trust Na accumulated 0% or 116,177 shares. Essex Fincl Service Incorporated holds 14,159 shares or 0.04% of its portfolio. Lpl Financial Limited Liability Corporation last reported 24,002 shares in the company. Tci Wealth Advsrs, a Arizona-based fund reported 1,538 shares. Argent Mgmt Limited owns 199,950 shares or 0.12% of their US portfolio. Teton holds 66,000 shares or 0.08% of its portfolio. Goldman Sachs Group holds 19,536 shares or 0% of its portfolio. Millennium Mgmt Lc has invested 0% of its portfolio in Consolidated Water Co. Ltd. (NASDAQ:CWCO). Tfs Ltd Llc, a Pennsylvania-based fund reported 119,050 shares. Martingale Asset Management L P has 0% invested in the company for 10,805 shares. Thompson Siegel & Walmsley Lc owns 600 shares or 0% of their US portfolio. Moreover, Teachers has 0% invested in Consolidated Water Co. Ltd. (NASDAQ:CWCO) for 21,308 shares. Thrivent Fin For Lutherans holds 63,240 shares or 0% of its portfolio.
Insider Transactions: Since August 31, 2016, the stock had 1 buying transaction, and 2 insider sales for $35,937 net activity. 1,934 Consolidated Water Co. Ltd. (NASDAQ:CWCO) shares with value of $24,119 were sold by BRODIE BRENT. 10,000 shares were bought by Finlay Richard, worth $127,281 on Wednesday, August 31. TONNER JOHN sold $67,225 worth of Consolidated Water Co. Ltd. (NASDAQ:CWCO) on Monday, November 21.
The stock decreased 3.48% or $0.4 on November 23, hitting $11.1. About 56,342 shares traded hands. Consolidated Water Co. Ltd. (NASDAQ:CWCO) has declined 10.99% since April 21, 2016 and is downtrending. It has underperformed by 16.32% the S&P500.
Consolidated Water Co. Ltd. develops and operates seawater desalination plants and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The company has a market cap of $167.40 million. The Firm operates in three divisions: retail water operations, bulk water activities and services operations. It has a 41.67 P/E ratio. The retail water activities segment produces and supplies water to end users, including residential, commercial and government customers.
According to Zacks Investment Research, “Consolidated Water Co. Ltd. intends to develop and operate seawater conversion plants and water distribution systems in areas of the world where naturally-occurring supplies of potable water are scarce or nonexistent. It currently operates a public water utility in certain areas of the Cayman Islands under a 20-year exclusive license from the Government of the Cayman Islands. The company has signed contracts for its first overseas operations in the Commonwealth of the Bahamas. (PRESS RELEASE)”
Analysts await Consolidated Water Co. Ltd. (NASDAQ:CWCO) to report earnings on March, 21. They expect $0.12 earnings per share, up 9.09% or $0.01 from last year’s $0.11 per share. CWCO’s profit will be $1.81M for 23.13 P/E if the $0.12 EPS becomes a reality. After $0.12 actual earnings per share reported by Consolidated Water Co. Ltd. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
More notable recent Consolidated Water Co. Ltd. (NASDAQ:CWCO) news were published by: Prnewswire.com which released: “Consolidated Water Co. Ltd. Reports Third Quarter Operating Results” on November 10, 2016, also Prnewswire.com with their article: “Consolidated Water Co. Ltd. To Host Third Quarter Conference Call On Thursday ..” published on November 03, 2016, Prnewswire.com published: “Consolidated Water Co. Ltd. Announces Signing Of A Public-Private Partnership ..” on August 26, 2016. More interesting news about Consolidated Water Co. Ltd. (NASDAQ:CWCO) were released by: Prnewswire.com and their article: “Consolidated Water Co. Ltd. Acquires Majority Interest In Aerex Industries” published on February 16, 2016 as well as Prnewswire.com‘s news article titled: “Consolidated Water Co. Ltd. Provides Update on the Impact of Hurricane Matthew ..” with publication date: October 07, 2016.
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 Firm operates in three divisions: retail water operations, bulk water activities and services operations. Through its subsidiaries and affiliates, the Company provides various services to its clients in the Cayman Islands, The Bahamas, Belize, the British Virgin Islands and Indonesia.
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By Dolores Ford