Dimensional Fund Advisors LP Sells 8,757 Shares of The York Water Company (NASDAQ:YORW)

Dimensional Fund Advisors LP lessened its holdings in The York Water Company (NASDAQ:YORW - Free Report) by 2.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 364,566 shares of the utilities provider's stock after selling 8,757 shares during the period. Dimensional Fund Advisors LP owned 2.54% of York Water worth $11,929,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. New Age Alpha Advisors LLC bought a new stake in shares of York Water during the 4th quarter valued at about $41,000. AlphaQuest LLC bought a new stake in York Water during the fourth quarter valued at approximately $160,000. KLP Kapitalforvaltning AS purchased a new position in York Water in the 4th quarter worth approximately $211,000. SG Americas Securities LLC grew its stake in York Water by 17.9% in the 4th quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider's stock worth $216,000 after buying an additional 1,005 shares in the last quarter. Finally, Teacher Retirement System of Texas bought a new position in shares of York Water in the 4th quarter worth $386,000. Institutional investors own 49.86% of the company's stock.

York Water Price Performance

Shares of NASDAQ YORW traded up $0.26 during mid-day trading on Thursday, reaching $31.93. 24,648 shares of the company were exchanged, compared to its average volume of 57,507. The York Water Company has a 52 week low of $29.86 and a 52 week high of $41.96. The company's 50 day moving average price is $34.30 and its 200 day moving average price is $33.80. The stock has a market capitalization of $459.73 million, a PE ratio of 21.54 and a beta of 0.78. 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 - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.08). The firm had revenue of $18.46 million for 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%. Sell-side analysts forecast that The York Water Company will post 1.43 earnings per share for the current fiscal year.

York Water Dividend Announcement

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 paid a $0.2192 dividend. This represents a $0.88 annualized dividend and a yield of 2.75%. The ex-dividend date is Monday, June 30th. York Water's dividend payout ratio is currently 63.50%.

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.