Janney Montgomery Scott LLC Has $420,000 Stock Holdings in The York Water Company (NASDAQ:YORW)

Janney Montgomery Scott LLC cut its holdings in The York Water Company (NASDAQ:YORWFree Report) by 8.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,870 shares of the utilities provider’s stock after selling 954 shares during the quarter. Janney Montgomery Scott LLC owned about 0.08% of York Water worth $420,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of YORW. Swiss National Bank grew its position in shares of York Water by 1.9% in the 3rd quarter. Swiss National Bank now owns 31,400 shares of the utilities provider’s stock valued at $1,177,000 after purchasing an additional 600 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of York Water by 2.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 109,510 shares of the utilities provider’s stock valued at $4,106,000 after purchasing an additional 2,826 shares during the period. State of New Jersey Common Pension Fund D grew its position in shares of York Water by 31.4% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 74,208 shares of the utilities provider’s stock valued at $2,782,000 after purchasing an additional 17,716 shares during the period. Kestra Advisory Services LLC bought a new stake in York Water in the 3rd quarter valued at approximately $250,000. Finally, Brandywine Global Investment Management LLC lifted its stake in York Water by 1.9% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 49,500 shares of the utilities provider’s stock valued at $1,856,000 after acquiring an additional 900 shares in the last quarter. 49.86% of the stock is currently owned by institutional investors and hedge funds.

York Water Trading Down 0.5 %

NASDAQ YORW opened at $36.99 on Thursday. The stock has a market capitalization of $530.62 million, a price-to-earnings ratio of 21.76 and a beta of 0.63. The stock’s 50 day moving average price is $36.18 and its two-hundred day moving average price is $36.67. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.80 and a current ratio of 0.98. The York Water Company has a 52 week low of $33.32 and a 52 week high of $45.61.

York Water (NASDAQ:YORWGet Free Report) last released its earnings results on Tuesday, May 7th. The utilities provider reported $0.30 EPS for the quarter, beating the consensus estimate of $0.29 by $0.01. The firm had revenue of $17.63 million for the quarter, compared to analysts’ expectations of $17.00 million. York Water had a return on equity of 11.18% and a net margin of 33.35%. As a group, analysts anticipate that The York Water Company will post 1.61 earnings per share for the current fiscal year.

York Water Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a $0.2108 dividend. This represents a $0.84 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Friday, June 28th. York Water’s payout ratio is 49.41%.

York Water Profile

(Free Report)

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.

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Institutional Ownership by Quarter for York Water (NASDAQ:YORW)

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