Two Sigma Advisers LP Purchases 9,500 Shares of The York Water Company (NASDAQ:YORW)

Two Sigma Advisers LP increased its position in shares of The York Water Company (NASDAQ:YORW - Free Report) by 18.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,300 shares of the utilities provider's stock after purchasing an additional 9,500 shares during the quarter. Two Sigma Advisers LP owned approximately 0.43% of York Water worth $2,038,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Martingale Asset Management L P increased its position in shares of York Water by 3.0% during the 4th quarter. Martingale Asset Management L P now owns 22,785 shares of the utilities provider's stock worth $746,000 after purchasing an additional 670 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of York Water by 0.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 117,405 shares of the utilities provider's stock worth $3,841,000 after purchasing an additional 739 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in York Water by 7.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,539 shares of the utilities provider's stock valued at $345,000 after acquiring an additional 742 shares in the last quarter. Wells Fargo & Company MN increased its position in York Water by 6.4% in the 4th quarter. Wells Fargo & Company MN now owns 16,404 shares of the utilities provider's stock valued at $537,000 after acquiring an additional 992 shares in the last quarter. Finally, SG Americas Securities LLC increased its position 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 valued at $216,000 after acquiring an additional 1,005 shares in the last quarter. Institutional investors and hedge funds own 49.86% of the company's stock.

York Water Price Performance

YORW traded up $0.21 during midday trading on Friday, hitting $32.71. The company had a trading volume of 149,640 shares, compared to its average volume of 58,688. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.68 and a current ratio of 0.88. The company has a market capitalization of $471.02 million, a PE ratio of 22.10 and a beta of 0.78. The York Water Company has a twelve month low of $29.86 and a twelve month high of $41.96. The firm's 50-day simple moving average is $33.97 and its 200-day simple moving average is $33.49.

York Water (NASDAQ:YORW - Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $18.46 million during the quarter, compared to analyst estimates of $19.00 million. York Water had a net margin of 28.57% and a return on equity of 9.44%. Equities research analysts predict that The York Water Company will post 1.43 EPS for the current fiscal year.

York Water Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a dividend of $0.2192 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend is Monday, June 30th. York Water's dividend payout ratio is 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.