JPMorgan Chase & Co. Purchases 14,957 Shares of The York Water Company (NASDAQ:YORW)

JPMorgan Chase & Co. grew its position in The York Water Company (NASDAQ:YORW - Free Report) by 49.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 45,325 shares of the utilities provider's stock after acquiring an additional 14,957 shares during the period. JPMorgan Chase & Co. owned 0.32% of York Water worth $1,483,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Johnson & White Wealth Management LLC bought a new position in York Water in the fourth quarter valued at about $828,000. Barclays PLC increased its stake in shares of York Water by 297.0% in the third quarter. Barclays PLC now owns 22,371 shares of the utilities provider's stock valued at $838,000 after buying an additional 16,736 shares during the period. Geode Capital Management LLC raised its holdings in York Water by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 343,279 shares of the utilities provider's stock valued at $12,862,000 after buying an additional 3,082 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in York Water during the 4th quarter worth approximately $434,000. Finally, Rhumbline Advisers grew its holdings in York Water by 6.4% during the 4th quarter. Rhumbline Advisers now owns 25,755 shares of the utilities provider's stock worth $843,000 after acquiring an additional 1,560 shares during the last quarter. Institutional investors and hedge funds own 49.86% of the company's stock.

York Water Trading Up 2.4 %

NASDAQ YORW traded up $0.82 on Tuesday, hitting $35.40. The company's stock had a trading volume of 57,461 shares, compared to its average volume of 56,598. The firm has a market cap of $509.37 million, a PE ratio of 23.92 and a beta of 0.65. The company's 50-day moving average is $34.18 and its 200 day moving average is $34.03. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.87. The York Water Company has a 1-year low of $29.86 and a 1-year high of $41.96.

York Water (NASDAQ:YORW - Get Free Report) last posted its quarterly earnings data on Tuesday, March 4th. The utilities provider reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.01). York Water had a net margin of 28.57% and a return on equity of 9.44%. The company had revenue of $18.87 million during the quarter, compared to analyst estimates of $19.00 million. As a group, analysts predict that The York Water Company will post 1.43 earnings per share for the current fiscal year.

York Water Company Profile

The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships.