SG Americas Securities LLC Raises Holdings in The York Water Company (NASDAQ:YORW)

SG Americas Securities LLC boosted its stake in The York Water Company (NASDAQ:YORW) by 17.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,605 shares of the utilities provider’s stock after buying an additional 1,005 shares during the quarter. SG Americas Securities LLC’s holdings in York Water were worth $216,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of YORW. The Manufacturers Life Insurance Company acquired a new position in York Water in the 2nd quarter valued at about $238,000. GSA Capital Partners LLP acquired a new position in shares of York Water in the third quarter valued at approximately $268,000. FMR LLC raised its position in shares of York Water by 79.9% in the third quarter. FMR LLC now owns 7,271 shares of the utilities provider’s stock valued at $272,000 after buying an additional 3,229 shares during the last quarter. D.A. Davidson & CO. purchased a new position in shares of York Water during the third quarter valued at approximately $341,000. Finally, PDT Partners LLC boosted its position in York Water by 7.0% during the third quarter. PDT Partners LLC now owns 10,136 shares of the utilities provider’s stock worth $380,000 after acquiring an additional 663 shares during the last quarter. Institutional investors and hedge funds own 49.86% of the company’s stock.

York Water Price Performance

YORW stock opened at $31.30 on Friday. The stock has a market capitalization of $449.78 million, a price-to-earnings ratio of 21.15 and a beta of 0.64. The stock’s fifty day simple moving average is $32.50 and its 200-day simple moving average is $35.87. The York Water Company has a 52-week low of $29.86 and a 52-week 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.

York Water (NASDAQ:YORW) last released its quarterly earnings data on Thursday, November 7th. The utilities provider reported $0.41 EPS for the quarter, hitting analysts’ consensus estimates of $0.41. The business had revenue of $19.72 million during the quarter, compared to the consensus estimate of $19.00 million. York Water had a return on equity of 9.44% and a net margin of 28.57%. Equities research analysts expect that The York Water Company will post 1.43 EPS for the current year.

York Water Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, February 28th will be given a $0.2192 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend is Friday, February 28th. York Water’s payout ratio is currently 59.46%.

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.