Vanguard Group Inc. Has $27.81 Million Position in The York Water Company (NASDAQ:YORW)

Vanguard Group Inc. trimmed its position in The York Water Company (NASDAQ:YORW - Free Report) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 850,074 shares of the utilities provider's stock after selling 19,004 shares during the period. Vanguard Group Inc. owned approximately 5.92% of York Water worth $27,814,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of YORW. AlphaQuest LLC bought a new position in shares of York Water during the 4th quarter valued at about $160,000. KLP Kapitalforvaltning AS acquired a new stake in York Water during the fourth quarter valued at approximately $211,000. SG Americas Securities LLC boosted its holdings in York Water by 17.9% during the fourth quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider's stock worth $216,000 after buying an additional 1,005 shares in the last quarter. FMR LLC grew its position in York Water by 79.9% in the third quarter. FMR LLC now owns 7,271 shares of the utilities provider's stock worth $272,000 after buying an additional 3,229 shares during the last quarter. Finally, Teacher Retirement System of Texas bought a new position in shares of York Water in the fourth quarter valued at $386,000. Institutional investors own 49.86% of the company's stock.

York Water Price Performance

Shares of YORW traded up $0.17 during trading hours on Friday, hitting $35.62. 68,146 shares of the company were exchanged, compared to its average volume of 56,379. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.88 and a quick ratio of 0.68. The company has a market capitalization of $512.54 million, a PE ratio of 24.07 and a beta of 0.65. The firm has a fifty day simple moving average of $33.88 and a 200-day simple moving average of $34.07. The York Water Company has a one year low of $29.86 and a one year high of $41.96.

York Water (NASDAQ:YORW - Get Free Report) last issued its quarterly earnings results 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 return on equity of 9.44% and a net margin of 28.57%. The company had revenue of $18.87 million during the quarter, compared to analysts' expectations of $19.00 million. As a group, sell-side analysts predict that The York Water Company will post 1.43 earnings per share for the current year.

York Water Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, February 28th were paid a $0.2192 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend was Friday, February 28th. York Water's dividend payout ratio is 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.