CenterBook Partners LP Sells 43,372 Shares of The York Water Company $YORW

CenterBook Partners LP lowered its stake in shares of The York Water Company (NASDAQ:YORW) by 55.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,383 shares of the utilities provider’s stock after selling 43,372 shares during the period. CenterBook Partners LP owned 0.24% of York Water worth $1,046,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in YORW. Ameriprise Financial Inc. raised its position in shares of York Water by 4.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,572 shares of the utilities provider’s stock worth $271,000 after acquiring an additional 327 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in York Water by 86.9% in the second quarter. Tower Research Capital LLC TRC now owns 1,411 shares of the utilities provider’s stock worth $45,000 after purchasing an additional 656 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of York Water by 290.7% during the third quarter. Versant Capital Management Inc now owns 922 shares of the utilities provider’s stock valued at $28,000 after buying an additional 686 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of York Water by 6.0% in the 3rd quarter. Merit Financial Group LLC now owns 13,218 shares of the utilities provider’s stock valued at $402,000 after buying an additional 754 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of York Water by 8.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,476 shares of the utilities provider’s stock worth $398,000 after buying an additional 937 shares during the last quarter. 49.86% of the stock is currently owned by hedge funds and other institutional investors.

York Water Stock Down 0.4%

YORW stock opened at $32.73 on Friday. The stock has a market capitalization of $472.62 million, a PE ratio of 23.55 and a beta of 0.72. The York Water Company has a 52 week low of $29.68 and a 52 week high of $36.48. The company has a quick ratio of 0.95, a current ratio of 1.15 and a debt-to-equity ratio of 0.95. The firm has a 50 day moving average of $32.89 and a 200 day moving average of $31.90.

York Water Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, February 27th will be given a $0.228 dividend. This represents a $0.91 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, February 27th. York Water’s dividend payout ratio is presently 65.47%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on YORW shares. Wall Street Zen raised shares of York Water from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reiterated a “hold (c)” rating on shares of York Water in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

York Water Company Profile

York Water Company (NASDAQ: YORW) is an investor-owned regulated water utility headquartered in York, Pennsylvania. Founded in 1816, it is the oldest publicly traded water utility in the United States. The company’s principal operations involve the collection, treatment and distribution of potable water to residential, commercial and industrial customers under rate schedules approved by the Pennsylvania Public Utility Commission.

York Water Company’s service territory covers portions of south-central Pennsylvania, including York County and neighboring Adams and Franklin counties.