Shares of The York Water Company (NASDAQ:YORW) have received an average broker rating score of 5.00 (Strong Sell) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating.

Brokerages have set a one year consensus price objective of $27.00 for the company, according to Zacks. Zacks has also assigned The York Water an industry rank of 107 out of 265 based on the ratings given to related companies.

Several equities research analysts recently commented on the company. BidaskClub lowered shares of The York Water from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Zacks Investment Research lowered shares of The York Water from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th.

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Several hedge funds have recently added to or reduced their stakes in YORW. Russell Investments Group Ltd. acquired a new stake in shares of The York Water in the 1st quarter valued at $156,000. Karp Capital Management Corp acquired a new stake in shares of The York Water in the 1st quarter valued at $206,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of The York Water in the 2nd quarter valued at $206,000. Aperio Group LLC lifted its stake in shares of The York Water by 2.1% in the 2nd quarter. Aperio Group LLC now owns 5,988 shares of the utilities provider’s stock valued at $209,000 after purchasing an additional 123 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of The York Water by 10.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 6,635 shares of the utilities provider’s stock valued at $231,000 after purchasing an additional 602 shares during the last quarter. 35.41% of the stock is owned by institutional investors and hedge funds.

Shares of The York Water (NASDAQ:YORW) traded up $1.40 during mid-day trading on Friday, reaching $34.80. The company’s stock had a trading volume of 19,660 shares, compared to its average volume of 23,613. The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $457.83, a price-to-earnings ratio of 36.70 and a beta of 0.55.

The York Water (NASDAQ:YORW) last released its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.03. The company had revenue of $12.69 million for the quarter. The York Water had a return on equity of 10.82% and a net margin of 25.75%. analysts forecast that The York Water will post 0.96 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Thursday, September 28th. The York Water’s dividend payout ratio is currently 65.98%.

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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