Barclays PLC Increases Position in The York Water Company (NASDAQ:YORW)

Barclays PLC boosted its position in The York Water Company (NASDAQ:YORW - Free Report) by 297.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,371 shares of the utilities provider's stock after acquiring an additional 16,736 shares during the period. Barclays PLC owned 0.16% of York Water worth $838,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PDT Partners LLC increased its holdings in York Water by 7.0% during the 3rd quarter. PDT Partners LLC now owns 10,136 shares of the utilities provider's stock valued at $380,000 after purchasing an additional 663 shares during the period. SG Americas Securities LLC increased its stake in shares of York Water by 69.2% during the third quarter. SG Americas Securities LLC now owns 5,600 shares of the utilities provider's stock valued at $210,000 after buying an additional 2,291 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of York Water by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 116,666 shares of the utilities provider's stock valued at $4,370,000 after acquiring an additional 2,828 shares in the last quarter. Geode Capital Management LLC lifted its stake in York Water by 0.9% in the third quarter. Geode Capital Management LLC now owns 343,279 shares of the utilities provider's stock worth $12,862,000 after acquiring an additional 3,082 shares during the period. Finally, FMR LLC boosted its holdings in York Water by 79.9% in the third quarter. FMR LLC now owns 7,271 shares of the utilities provider's stock valued at $272,000 after acquiring an additional 3,229 shares in the last quarter. 49.86% of the stock is owned by institutional investors.

York Water Trading Up 0.2 %

Shares of YORW opened at $30.85 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.87. The York Water Company has a 1-year low of $30.02 and a 1-year high of $41.96. The firm's 50-day moving average price is $34.33 and its 200-day moving average price is $36.77. The firm has a market capitalization of $443.31 million, a price-to-earnings ratio of 20.84 and a beta of 0.64.

York Water Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.2192 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This is a positive change from York Water's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 2.84%. York Water's payout ratio is currently 59.46%.

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.