The York Water Company (NASDAQ:YORW) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in shares of The York Water Company (NASDAQ:YORW) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 117,405 shares of the utilities provider’s stock after purchasing an additional 739 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.82% of York Water worth $3,841,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. SG Americas Securities LLC grew its position in shares of York Water by 17.9% during the fourth quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider’s stock worth $216,000 after acquiring an additional 1,005 shares during the last quarter. FMR LLC lifted its position in shares of York Water by 79.9% in the 3rd quarter. FMR LLC now owns 7,271 shares of the utilities provider’s stock valued at $272,000 after acquiring an additional 3,229 shares in the last quarter. D.A. Davidson & CO. purchased a new position in shares of York Water during the third quarter valued at $341,000. PDT Partners LLC lifted its position in shares of York Water by 7.0% in the third quarter. PDT Partners LLC now owns 10,136 shares of the utilities provider’s stock worth $380,000 after purchasing an additional 663 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in shares of York Water during the 4th quarter valued at $434,000. Institutional investors own 49.86% of the company’s stock.

York Water Stock Up 1.3 %

YORW opened at $33.47 on Thursday. 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 company has a market capitalization of $481.60 million, a PE ratio of 22.62 and a beta of 0.61. The York Water Company has a fifty-two week low of $29.86 and a fifty-two week high of $41.96. The business has a 50-day moving average of $32.66 and a 200-day moving average of $34.54.

York Water (NASDAQ:YORW) last announced its earnings results on Tuesday, March 4th. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). York Water had a return on equity of 9.44% and a net margin of 28.57%. The company had revenue of $18.87 million for the quarter, compared to the consensus estimate of $19.00 million. Equities research analysts forecast that The York Water Company will post 1.43 EPS for the current fiscal year.

York Water Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, February 28th will be given a dividend of $0.2192 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date is Friday, February 28th. York Water’s dividend payout ratio (DPR) is currently 61.27%.

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.