KBC Group NV Decreases Position in The York Water Company (NASDAQ:YORW)

KBC Group NV lessened its holdings in The York Water Company (NASDAQ:YORWFree Report) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 155,002 shares of the utilities provider’s stock after selling 7,794 shares during the period. KBC Group NV owned approximately 1.08% of York Water worth $5,986,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. TFO Wealth Partners LLC grew its stake in shares of York Water by 17,525.0% during the fourth quarter. TFO Wealth Partners LLC now owns 705 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 701 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of York Water by 42.9% during the fourth quarter. Quadrant Capital Group LLC now owns 2,299 shares of the utilities provider’s stock worth $89,000 after purchasing an additional 690 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of York Water during the fourth quarter worth $143,000. Kestra Advisory Services LLC acquired a new position in shares of York Water during the third quarter worth $250,000. Finally, Haverford Trust Co acquired a new position in shares of York Water during the fourth quarter worth $255,000. 49.86% of the stock is owned by hedge funds and other institutional investors.

York Water Stock Performance

Shares of YORW stock opened at $36.99 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.80 and a debt-to-equity ratio of 0.85. The firm has a fifty day moving average price of $36.18 and a 200 day moving average price of $36.67. The company has a market cap of $530.81 million, a P/E ratio of 21.76 and a beta of 0.63. The York Water Company has a 12 month low of $33.32 and a 12 month high of $45.61.

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

York Water Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.84 annualized dividend and a yield of 2.28%. York Water’s dividend payout ratio is presently 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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