The York Water Company (NASDAQ:YORW) Shares Sold by Invesco Ltd.

Invesco Ltd. lessened its holdings in The York Water Company (NASDAQ:YORW) by 26.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,220 shares of the utilities provider’s stock after selling 22,390 shares during the quarter. Invesco Ltd. owned 0.43% of York Water worth $2,036,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in YORW. New Age Alpha Advisors LLC purchased a new stake in shares of York Water in the fourth quarter valued at approximately $41,000. AlphaQuest LLC acquired a new position in shares of York Water during the 4th quarter worth $160,000. KLP Kapitalforvaltning AS purchased a new position in shares of York Water in the 4th quarter valued at about $211,000. SG Americas Securities LLC lifted its stake in shares of 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 during the period. Finally, Teacher Retirement System of Texas purchased a new stake in York Water during the fourth quarter worth about $386,000. Institutional investors and hedge funds own 49.86% of the company’s stock.

York Water Trading Up 2.4 %

Shares of York Water stock opened at $35.40 on Wednesday. The company has a 50-day moving average of $34.21 and a two-hundred day moving average of $34.04. The stock has a market cap of $509.37 million, a PE ratio of 23.92 and a beta of 0.65. 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 12-month low of $29.86 and a 12-month high of $41.96.

York Water (NASDAQ:YORW) last issued its quarterly earnings data on Tuesday, March 4th. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). York Water had a return on equity of 9.44% and a net margin of 28.57%. The firm had revenue of $18.87 million for the quarter, compared to analyst estimates of $19.00 million. On average, research analysts anticipate that The York Water Company will post 1.43 EPS for the current fiscal year.

York Water Company 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.