Two Sigma Advisers LP Has $2.04 Million Stake in The York Water Company (NASDAQ:YORW)

Two Sigma Advisers LP lifted its stake in shares of The York Water Company (NASDAQ:YORW - Free Report) by 18.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,300 shares of the utilities provider's stock after acquiring an additional 9,500 shares during the period. Two Sigma Advisers LP owned approximately 0.43% of York Water worth $2,038,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in YORW. New Age Alpha Advisors LLC acquired a new stake in York Water in the 4th quarter valued at approximately $41,000. Aquatic Capital Management LLC grew its stake in shares of 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 acquiring an additional 1,084 shares in the last quarter. AlphaQuest LLC bought a new position in shares of York Water during the 4th quarter worth approximately $160,000. KLP Kapitalforvaltning AS acquired a new stake in shares of York Water in the fourth quarter valued at approximately $211,000. Finally, SG Americas Securities LLC lifted its position in shares of York Water by 17.9% in the fourth quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider's stock worth $216,000 after purchasing an additional 1,005 shares in the last quarter. Institutional investors own 49.86% of the company's stock.

York Water Stock Down 0.6%

YORW traded down $0.21 during trading hours on Monday, hitting $32.45. 62,248 shares of the company's stock were exchanged, compared to its average volume of 58,702. The stock has a market cap of $467.28 million, a price-to-earnings ratio of 21.93 and a beta of 0.78. The York Water Company has a 1-year low of $29.86 and a 1-year high of $41.96. The stock's 50-day moving average is $33.95 and its two-hundred day moving average is $33.46. 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 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.08). The business 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 predict 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 declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.2192 per share. The ex-dividend date is Monday, June 30th. This represents a $0.88 annualized dividend and a yield of 2.70%. York Water's dividend payout ratio (DPR) is presently 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.