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

Brokers have set a twelve-month consensus price objective of $27.00 for the company, according to Zacks. Zacks has also assigned The York Water an industry rank of 117 out of 265 based on the ratings given to related companies.

A number of brokerages have commented on YORW. Zacks Investment Research upgraded shares of The York Water from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a research note on Friday. BidaskClub lowered shares of The York Water from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of The York Water by 17.0% in the second quarter. Vanguard Group Inc. now owns 730,831 shares of the utilities provider’s stock valued at $25,469,000 after purchasing an additional 106,392 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in The York Water by 3.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 403,978 shares of the utilities provider’s stock worth $13,695,000 after acquiring an additional 14,254 shares during the period. State Street Corp grew its holdings in The York Water by 0.3% during the 2nd quarter. State Street Corp now owns 245,511 shares of the utilities provider’s stock worth $8,553,000 after acquiring an additional 638 shares during the period. Northern Trust Corp grew its holdings in The York Water by 2.7% during the 2nd quarter. Northern Trust Corp now owns 172,958 shares of the utilities provider’s stock worth $6,028,000 after acquiring an additional 4,616 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in The York Water by 5.6% during the 1st quarter. Renaissance Technologies LLC now owns 158,000 shares of the utilities provider’s stock worth $5,538,000 after acquiring an additional 8,400 shares during the period. 35.10% of the stock is owned by institutional investors.

The York Water (NASDAQ:YORW) traded up $0.05 during midday trading on Monday, hitting $35.20. 14,400 shares of the company traded hands, compared to its average volume of 29,475. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 0.76. The York Water has a twelve month low of $31.70 and a twelve month high of $39.86. The company has a market capitalization of $452.69, a PE ratio of 36.29 and a beta of 0.55.

The York Water (NASDAQ:YORW) last released its earnings results on Thursday, November 2nd. The utilities provider reported $0.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.03. The York Water had a net margin of 25.75% and a return on equity of 10.75%. The business had revenue of $12.69 million during the quarter. sell-side analysts predict that The York Water will post 0.99 earnings per share for the current year.

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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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