18,265 Shares in The York Water Company (NASDAQ:YORW) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in The York Water Company, purchasing 18,265 shares, valued at approximately $633,000, representing 0.13% ownership as of their latest SEC filing.
• The York Water Company reported earnings per share of $0.25 for the last quarter, falling short of the consensus estimate of $0.33.
• A quarterly dividend of $0.2192 was declared and paid to investors, yielding an annualized dividend of 2.9% with a payout ratio of 64.23%.

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in The York Water Company (NASDAQ:YORW - Free Report) in the first quarter, according to its most recent filing with the SEC. The firm bought 18,265 shares of the utilities provider's stock, valued at approximately $633,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.13% of York Water as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of YORW. ProShare Advisors LLC increased its holdings in York Water by 21.6% in the 4th quarter. ProShare Advisors LLC now owns 226,339 shares of the utilities provider's stock worth $7,406,000 after buying an additional 40,199 shares during the period. Zimmer Partners LP boosted its holdings in shares of York Water by 5.2% in the 4th quarter. Zimmer Partners LP now owns 746,943 shares of the utilities provider's stock valued at $24,440,000 after acquiring an additional 37,076 shares during the last quarter. Capstone Investment Advisors LLC acquired a new stake in shares of York Water in the fourth quarter worth $548,000. Squarepoint Ops LLC purchased a new position in shares of York Water during the fourth quarter worth $509,000. Finally, JPMorgan Chase & Co. lifted its position in York Water by 49.3% during the fourth quarter. JPMorgan Chase & Co. now owns 45,325 shares of the utilities provider's stock valued at $1,483,000 after purchasing an additional 14,957 shares during the period. Hedge funds and other institutional investors own 49.86% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered York Water from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th.

York Water Stock Performance

Shares of NASDAQ YORW traded up $0.30 during midday trading on Wednesday, reaching $30.46. 28,372 shares of the stock were exchanged, compared to its average volume of 75,223. The company has a quick ratio of 0.71, a current ratio of 0.90 and a debt-to-equity ratio of 0.91. The firm has a market cap of $438.62 million, a price-to-earnings ratio of 22.23 and a beta of 0.71. The firm has a 50-day simple moving average of $31.76 and a two-hundred day simple moving average of $32.82. The York Water Company has a twelve month low of $29.86 and a twelve month high of $39.79.

York Water (NASDAQ:YORW - Get Free Report) last released 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 firm had revenue of $18.46 million for the quarter, compared to analyst estimates of $19.00 million. York Water had a net margin of 25.91% and a return on equity of 8.56%. As a group, analysts anticipate that The York Water Company will post 1.43 EPS for the current fiscal year.

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.