The York Water Company (NASDAQ:YORW) has earned a consensus broker rating score of 5.00 (Strong Sell) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating.

Brokerages have set a one year consensus target price of $27.00 for the company, according to Zacks. Zacks has also assigned The York Water an industry rank of 122 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research downgraded The York Water from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. purchased a new position in The York Water during the first quarter valued at $156,000. Karp Capital Management Corp purchased a new position in The York Water during the first quarter valued at $206,000. Campbell & CO Investment Adviser LLC purchased a new position in The York Water during the second quarter valued at $206,000. Aperio Group LLC increased its position in The York Water by 2.1% in the second quarter. Aperio Group LLC now owns 5,988 shares of the utilities provider’s stock valued at $209,000 after buying an additional 123 shares during the last quarter. Finally, Stifel Financial Corp purchased a new position in The York Water during the first quarter valued at $233,000. Institutional investors own 34.78% of the company’s stock.

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Shares of The York Water (NASDAQ YORW) traded down 2.12% during trading on Thursday, reaching $34.70. 30,705 shares of the company were exchanged. The firm’s 50 day moving average price is $35.78 and its 200 day moving average price is $35.23. The company has a market capitalization of $445.69 million, a PE ratio of 37.35 and a beta of 0.57. The York Water has a one year low of $27.68 and a one year high of $39.86.

The York Water (NASDAQ:YORW) last posted its quarterly earnings results on Tuesday, May 2nd. The utilities provider reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.01. The company had revenue of $11.29 million during the quarter. The York Water had a return on equity of 10.52% and a net margin of 25.09%. Equities research analysts forecast that The York Water will post $0.96 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were paid a dividend of $0.1602 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.64 annualized dividend and a dividend yield of 1.85%. The York Water’s payout ratio is 68.82%.

The York Water Company Profile

The York Water Company is an investor-owned water utility in the United States. The primary business of the Company is to impound, purify to meet or exceed safe drinking water standards and distribute water. As of December 31, 2016, it also owned and operated three wastewater collection systems and two wastewater treatment systems.

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