11,801 Shares in The York Water Company (NASDAQ:YORW) Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas acquired a new stake in The York Water Company (NASDAQ:YORW - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 11,801 shares of the utilities provider's stock, valued at approximately $386,000. Teacher Retirement System of Texas owned about 0.08% of York Water as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in YORW. AlphaQuest LLC acquired a new position in York Water during the fourth quarter valued at approximately $160,000. Proficio Capital Partners LLC bought a new position in shares of York Water in the fourth quarter valued at $434,000. Charles Schwab Investment Management Inc. increased its holdings in York Water by 0.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 117,405 shares of the utilities provider's stock worth $3,841,000 after buying an additional 739 shares during the last quarter. Bank of New York Mellon Corp raised its position in York Water by 19.6% during the fourth quarter. Bank of New York Mellon Corp now owns 117,264 shares of the utilities provider's stock worth $3,837,000 after acquiring an additional 19,238 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its stake in York Water by 26.2% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 78,026 shares of the utilities provider's stock valued at $2,553,000 after acquiring an additional 16,209 shares during the last quarter. Institutional investors own 49.86% of the company's stock.

York Water Stock Performance

Shares of York Water stock traded down $0.69 during trading on Friday, hitting $34.60. 85,388 shares of the stock were exchanged, compared to its average volume of 55,805. The York Water Company has a 1-year low of $29.86 and a 1-year high of $41.96. The stock has a market capitalization of $497.86 million, a price-to-earnings ratio of 23.38 and a beta of 0.65. The company has a fifty day moving average price of $33.18 and a 200-day moving average price of $34.34. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.87.

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

York Water Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, February 28th will be given a $0.2192 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.53%. The ex-dividend date is Friday, February 28th. York Water's payout ratio is presently 61.27%.

York Water 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.