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

Dimensional Fund Advisors LP trimmed its stake in The York Water Company (NASDAQ:YORW - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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.

Several other institutional investors and hedge funds have also recently modified their holdings of YORW. Charles Schwab Investment Management Inc. increased its stake in shares of York Water by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 117,405 shares of the utilities provider's stock worth $3,841,000 after acquiring an additional 739 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of York Water by 19.6% in the fourth quarter. Bank of New York Mellon Corp now owns 117,264 shares of the utilities provider's stock worth $3,837,000 after acquiring an additional 19,238 shares during the period. State of New Jersey Common Pension Fund D grew its stake in shares of York Water by 26.2% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 78,026 shares of the utilities provider's stock worth $2,553,000 after acquiring an additional 16,209 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of York Water by 49.3% in the fourth quarter. JPMorgan Chase & Co. now owns 45,325 shares of the utilities provider's stock worth $1,483,000 after buying an additional 14,957 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of York Water by 6.4% in the fourth quarter. Rhumbline Advisers now owns 25,755 shares of the utilities provider's stock worth $843,000 after buying an additional 1,560 shares during the last quarter. 49.86% of the stock is owned by hedge funds and other institutional investors.

York Water Stock Performance

Shares of YORW traded down $0.69 on Monday, reaching $32.10. The company's stock had a trading volume of 84,171 shares, compared to its average volume of 57,225. 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 York Water Company has a 12-month low of $29.86 and a 12-month high of $41.96. The stock has a market capitalization of $462.24 million, a P/E ratio of 21.69 and a beta of 0.78. The stock's 50 day simple moving average is $34.38 and its two-hundred day simple moving average is $33.82.

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 for the quarter, missing the consensus estimate of $0.33 by ($0.08). York Water had a net margin of 28.57% and a return on equity of 9.44%. The firm had revenue of $18.46 million for the quarter, compared to analysts' expectations of $19.00 million. Research analysts forecast that The York Water Company will post 1.43 earnings per share for the current fiscal year.

York Water Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.2192 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Monday, June 30th. York Water's dividend payout ratio (DPR) is presently 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.