Invesco Ltd. Lowers Position in The York Water Company (NASDAQ:YORW)

Invesco Ltd. lessened its position in shares of The York Water Company (NASDAQ:YORW - Free Report) by 26.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,220 shares of the utilities provider's stock after selling 22,390 shares during the quarter. Invesco Ltd. owned about 0.43% of York Water worth $2,036,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Barclays PLC increased its holdings in shares of York Water by 297.0% during the third quarter. Barclays PLC now owns 22,371 shares of the utilities provider's stock valued at $838,000 after acquiring an additional 16,736 shares in the last quarter. Geode Capital Management LLC increased its stake in York Water by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 343,279 shares of the utilities provider's stock valued at $12,862,000 after purchasing an additional 3,082 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of York Water by 78.3% in the third quarter. JPMorgan Chase & Co. now owns 30,368 shares of the utilities provider's stock worth $1,138,000 after buying an additional 13,339 shares during the last quarter. Fulton Bank N.A. lifted its stake in shares of York Water by 4.7% during the fourth quarter. Fulton Bank N.A. now owns 16,600 shares of the utilities provider's stock worth $543,000 after buying an additional 750 shares during the period. Finally, Johnson & White Wealth Management LLC purchased a new stake in shares of York Water during the fourth quarter valued at $828,000. Hedge funds and other institutional investors own 49.86% of the company's stock.

York Water Stock Performance

YORW stock traded up $0.15 during midday trading on Friday, reaching $35.10. The stock had a trading volume of 65,978 shares, compared to its average volume of 56,737. 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 firm has a fifty day simple moving average of $34.33 and a two-hundred day simple moving average of $34.02. The stock has a market cap of $505.05 million, a PE ratio of 23.72 and a beta of 0.65. The York Water Company has a 52-week low of $29.86 and a 52-week high of $41.96.

York Water (NASDAQ:YORW - Get Free Report) last released its quarterly earnings data on Tuesday, March 4th. The utilities provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). York Water had a net margin of 28.57% and a return on equity of 9.44%. The business had revenue of $18.87 million during the quarter, compared to analysts' expectations of $19.00 million. As a group, equities research analysts anticipate that The York Water Company will post 1.43 EPS 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.