Vanguard Group Inc. Sells 19,004 Shares of The York Water Company (NASDAQ:YORW)

Vanguard Group Inc. reduced its position in shares of The York Water Company (NASDAQ:YORW) by 2.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 850,074 shares of the utilities provider’s stock after selling 19,004 shares during the quarter. Vanguard Group Inc. owned about 5.92% of York Water worth $27,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in YORW. Charles Schwab Investment Management Inc. increased its stake in shares of York Water by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 117,405 shares of the utilities provider’s stock valued at $3,841,000 after acquiring an additional 739 shares during the last quarter. Fulton Bank N.A. grew its holdings in York Water by 4.7% during the fourth quarter. Fulton Bank N.A. now owns 16,600 shares of the utilities provider’s stock valued at $543,000 after purchasing an additional 750 shares during the period. SG Americas Securities LLC increased its stake in York Water by 17.9% in the fourth quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider’s stock valued at $216,000 after purchasing an additional 1,005 shares in the last quarter. Rhumbline Advisers raised its holdings in York Water by 6.4% in the fourth quarter. Rhumbline Advisers now owns 25,755 shares of the utilities provider’s stock worth $843,000 after purchasing an additional 1,560 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of York Water by 0.9% during the third quarter. Geode Capital Management LLC now owns 343,279 shares of the utilities provider’s stock worth $12,862,000 after purchasing an additional 3,082 shares in the last quarter. 49.86% of the stock is currently owned by institutional investors and hedge funds.

York Water Price Performance

Shares of YORW stock opened at $35.05 on Tuesday. The firm has a market capitalization of $504.33 million, a price-to-earnings ratio of 23.68 and a beta of 0.65. The York Water Company has a 12-month low of $29.86 and a 12-month high of $41.96. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.87. The firm has a fifty day moving average of $33.58 and a 200-day moving average of $34.10.

York Water (NASDAQ:YORW) last released its quarterly earnings results on Tuesday, March 4th. The utilities provider reported $0.36 EPS 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 business had revenue of $18.87 million for the quarter, compared to analyst estimates of $19.00 million. On average, equities research analysts forecast that The York Water Company will post 1.43 earnings per share for the current year.

York Water Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, February 28th will be issued a $0.2192 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, February 28th. York Water’s dividend payout ratio (DPR) 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.