Capstone Investment Advisors LLC Purchases Shares of 16,763 The York Water Company (NASDAQ:YORW)

Capstone Investment Advisors LLC bought a new stake in The York Water Company (NASDAQ:YORW - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 16,763 shares of the utilities provider's stock, valued at approximately $548,000. Capstone Investment Advisors LLC owned about 0.12% of York Water as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in YORW. New Age Alpha Advisors LLC acquired a new position in shares of York Water in the fourth quarter valued at approximately $41,000. Aquatic Capital Management LLC raised its position in York Water by 67.0% during the 4th quarter. Aquatic Capital Management LLC now owns 2,701 shares of the utilities provider's stock worth $88,000 after buying an additional 1,084 shares during the last quarter. AlphaQuest LLC acquired a new stake in shares of York Water in the 4th quarter worth $160,000. KLP Kapitalforvaltning AS purchased a new stake in shares of York Water in the fourth quarter valued at about $211,000. Finally, SG Americas Securities LLC increased its stake in shares of York Water by 17.9% during the fourth quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider's stock worth $216,000 after acquiring an additional 1,005 shares during the period. 49.86% of the stock is owned by institutional investors and hedge funds.

York Water Stock Performance

NASDAQ YORW traded up $0.04 on Friday, hitting $32.73. 61,733 shares of the company's stock were exchanged, compared to its average volume of 57,117. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.88 and a quick ratio of 0.68. The firm's 50-day moving average price is $34.40 and its two-hundred day moving average price is $33.86. The firm has a market cap of $471.31 million, a price-to-earnings ratio of 22.12 and a beta of 0.78. The York Water Company has a fifty-two week low of $29.86 and a fifty-two week high of $41.96.

York Water (NASDAQ:YORW - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The utilities provider reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.08). York Water had a return on equity of 9.44% and a net margin of 28.57%. The company had revenue of $18.46 million for the quarter, compared to analysts' expectations of $19.00 million. On average, research analysts expect that The York Water Company will post 1.43 EPS for the current year.

York Water Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a $0.2192 dividend. This represents a $0.88 annualized dividend and a yield of 2.68%. The ex-dividend date of this dividend is Monday, June 30th. York Water's dividend payout ratio (DPR) is 63.50%.

About York Water

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.