The York Water Company (NASDAQ:YORW) Shares Sold by Jane Street Group LLC

Jane Street Group LLC reduced its stake in shares of The York Water Company (NASDAQ:YORW) by 63.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,863 shares of the utilities provider’s stock after selling 13,559 shares during the period. Jane Street Group LLC owned approximately 0.05% of York Water worth $295,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in YORW. State Street Corp raised its holdings in shares of York Water by 9.4% during the third quarter. State Street Corp now owns 473,568 shares of the utilities provider’s stock worth $17,835,000 after purchasing an additional 40,746 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of York Water by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 116,666 shares of the utilities provider’s stock worth $4,370,000 after purchasing an additional 2,828 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in shares of York Water during the second quarter worth $339,000. Quest Partners LLC purchased a new position in shares of York Water during the second quarter worth $102,000. Finally, AQR Capital Management LLC raised its holdings in shares of York Water by 16.2% during the second quarter. AQR Capital Management LLC now owns 23,634 shares of the utilities provider’s stock worth $877,000 after purchasing an additional 3,294 shares during the last quarter. 49.86% of the stock is currently owned by institutional investors and hedge funds.

York Water Trading Down 1.8 %

Shares of York Water stock opened at $30.52 on Friday. 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 has a fifty day moving average price of $34.64 and a 200 day moving average price of $36.91. The York Water Company has a 1 year low of $30.31 and a 1 year high of $41.96. The stock has a market cap of $438.69 million, a PE ratio of 20.62 and a beta of 0.64.

York Water Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.2192 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from York Water’s previous quarterly dividend of $0.21. York Water’s dividend payout ratio (DPR) is 58.78%.

York Water Company 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.