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

Analysts have set a 1-year consensus price objective of $27.00 for the company, according to Zacks. Zacks has also given The York Water an industry rank of 115 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research raised shares of The York Water from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a report on Friday, November 17th.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake 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 worth $25,469,000 after purchasing an additional 106,392 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of The York Water by 3.7% in the third quarter. Dimensional Fund Advisors LP now owns 403,978 shares of the utilities provider’s stock worth $13,695,000 after purchasing an additional 14,254 shares in the last quarter. State Street Corp increased its stake in shares of The York Water by 0.3% in the second quarter. State Street Corp now owns 245,511 shares of the utilities provider’s stock worth $8,553,000 after purchasing an additional 638 shares in the last quarter. Northern Trust Corp increased its stake in shares of The York Water by 2.7% in the second quarter. Northern Trust Corp now owns 172,958 shares of the utilities provider’s stock worth $6,028,000 after purchasing an additional 4,616 shares in the last quarter. Finally, WFG Advisors LP boosted its position in shares of The York Water by 9.2% during the second quarter. WFG Advisors LP now owns 133,485 shares of the utilities provider’s stock worth $4,652,000 after acquiring an additional 11,281 shares during the last quarter. 34.70% of the stock is owned by hedge funds and other institutional investors.

Shares of The York Water (NASDAQ:YORW) traded down $1.10 during mid-day trading on Tuesday, reaching $34.90. 30,568 shares of the company’s stock were exchanged, compared to its average volume of 29,718. The York Water has a twelve month low of $31.70 and a twelve month high of $39.86. The stock has a market capitalization of $461.69, a PE ratio of 37.01 and a beta of 0.56. 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 (NASDAQ:YORW) last announced its earnings results on Thursday, November 2nd. The utilities provider reported $0.31 EPS for the quarter, beating the Zacks’ 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.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be paid a $0.1666 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from The York Water’s previous quarterly dividend of $0.16. This represents a $0.67 dividend on an annualized basis and a dividend yield of 1.91%. The York Water’s dividend payout ratio is 65.98%.

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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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