The York Water Company (NASDAQ:YORW) Stock Holdings Trimmed by Russell Investments Group Ltd.

Russell Investments Group Ltd. lessened its position in shares of The York Water Company (NASDAQ:YORW - Free Report) by 42.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,406 shares of the utilities provider's stock after selling 37,449 shares during the period. Russell Investments Group Ltd. owned about 0.36% of York Water worth $1,682,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. New Age Alpha Advisors LLC bought a new position in York Water during the 4th quarter worth approximately $41,000. AlphaQuest LLC bought a new position in York Water during the 4th quarter worth approximately $160,000. KLP Kapitalforvaltning AS bought a new position in York Water during the 4th quarter worth approximately $211,000. SG Americas Securities LLC lifted its holdings in York Water by 17.9% during the 4th quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider's stock worth $216,000 after buying an additional 1,005 shares during the last quarter. Finally, FMR LLC lifted its holdings in York Water by 79.9% during the 3rd quarter. FMR LLC now owns 7,271 shares of the utilities provider's stock worth $272,000 after buying an additional 3,229 shares during the last quarter. Institutional investors own 49.86% of the company's stock.

York Water Stock Performance

Shares of NASDAQ YORW traded down $0.59 during mid-day trading on Thursday, hitting $35.07. The company had a trading volume of 8,737 shares, compared to its average volume of 67,809. The stock has a market cap of $504.62 million, a price-to-earnings ratio of 23.70 and a beta of 0.65. The York Water Company has a 12 month low of $29.86 and a 12 month high of $41.96. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.88 and a quick ratio of 0.68. The firm's 50 day simple moving average is $34.08 and its two-hundred day simple moving average is $34.08.

York Water (NASDAQ:YORW - Get Free Report) last announced its quarterly earnings results on Tuesday, March 4th. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). The company had revenue of $18.87 million during 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%. As a group, equities research analysts forecast that The York Water Company will post 1.43 earnings per share for the current year.

York Water Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, February 28th were issued a $0.2192 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend was Friday, February 28th. York Water's dividend payout ratio (DPR) is 61.27%.

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.