Universal Beteiligungs und Servicegesellschaft mbH Makes New $633,000 Investment in The York Water Company (NASDAQ:YORW)

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 stake in The York Water Company (NASDAQ:YORW - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (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.

A number of other large investors also recently modified their holdings of YORW. Zimmer Partners LP lifted its holdings in York Water by 5.2% during the fourth quarter. Zimmer Partners LP now owns 746,943 shares of the utilities provider's stock worth $24,440,000 after acquiring an additional 37,076 shares during the period. ProShare Advisors LLC lifted its holdings in York Water by 21.6% during the fourth quarter. ProShare Advisors LLC now owns 226,339 shares of the utilities provider's stock worth $7,406,000 after acquiring an additional 40,199 shares during the period. Northern Trust Corp increased its position in York Water by 3.7% in the fourth quarter. Northern Trust Corp now owns 150,485 shares of the utilities provider's stock worth $4,924,000 after buying an additional 5,344 shares during the last quarter. Penn Capital Management Company LLC increased its position in York Water by 5.3% in the fourth quarter. Penn Capital Management Company LLC now owns 145,132 shares of the utilities provider's stock worth $4,749,000 after buying an additional 7,333 shares during the last quarter. Finally, Two Sigma Advisers LP increased its position in York Water by 18.0% in the fourth quarter. Two Sigma Advisers LP now owns 62,300 shares of the utilities provider's stock worth $2,038,000 after buying an additional 9,500 shares during the last quarter. Institutional investors own 49.86% of the company's stock.

Wall Street Analyst Weigh In

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

York Water Stock Performance

Shares of NASDAQ YORW traded down $0.52 during mid-day trading on Tuesday, hitting $30.16. The company had a trading volume of 111,821 shares, compared to its average volume of 75,370. The company has a market capitalization of $434.30 million, a price-to-earnings ratio of 22.01 and a beta of 0.71. The York Water Company has a 1 year low of $29.86 and a 1 year high of $39.79. The company has a current ratio of 0.90, a quick ratio of 0.71 and a debt-to-equity ratio of 0.91. The stock's 50-day moving average price is $31.82 and its 200-day moving average price is $32.83.

York Water (NASDAQ:YORW - Get Free Report) last announced 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). The company had revenue of $18.46 million during the quarter, compared to analysts' expectations of $19.00 million. York Water had a net margin of 25.91% and a return on equity of 8.56%. On average, sell-side analysts forecast that The York Water Company will post 1.43 earnings per share for the current year.

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.