York Water Co (NASDAQ:YORW) has been assigned a consensus broker rating score of 5.00 (Strong Sell) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell recommendation.

Brokerages have set a 12 month consensus target price of $27.00 for the company, according to Zacks. Zacks has also given York Water an industry rank of 212 out of 265 based on the ratings given to its competitors.

YORW has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of York Water from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research report on Saturday, January 6th. BidaskClub lowered shares of York Water from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th.

A number of hedge funds have recently made changes to their positions in YORW. Vanguard Group Inc. boosted its position in shares of 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 acquiring an additional 106,392 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of York Water by 3.7% in the third quarter. Dimensional Fund Advisors LP now owns 403,978 shares of the utilities provider’s stock valued at $13,695,000 after buying an additional 14,254 shares during the period. State Street Corp boosted its holdings in York Water by 0.3% in the second quarter. State Street Corp now owns 245,511 shares of the utilities provider’s stock valued at $8,553,000 after acquiring an additional 638 shares during the last quarter. Northern Trust Corp boosted its holdings in York Water by 2.7% in the second quarter. Northern Trust Corp now owns 172,958 shares of the utilities provider’s stock valued at $6,028,000 after acquiring an additional 4,616 shares during the last quarter. Finally, WFG Advisors LP boosted its holdings in York Water by 9.2% in the second quarter. WFG Advisors LP now owns 133,485 shares of the utilities provider’s stock valued at $4,652,000 after acquiring an additional 11,281 shares during the last quarter. Hedge funds and other institutional investors own 33.66% of the company’s stock.

York Water (NASDAQ YORW) traded down $0.60 during trading on Friday, reaching $32.00. 26,000 shares of the company’s stock traded hands, compared to its average volume of 29,425. 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 firm has a market cap of $419.25, a price-to-earnings ratio of 32.99 and a beta of 0.57. York Water has a 1 year low of $31.50 and a 1 year high of $39.86.

York Water (NASDAQ:YORW) last posted its quarterly earnings data on Thursday, November 2nd. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.03. The business had revenue of $12.69 million during the quarter. York Water had a net margin of 25.75% and a return on equity of 10.75%. research analysts expect that York Water will post 0.99 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Friday, December 29th were paid a dividend of $0.1666 per share. This is a positive change from York Water’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, December 28th. This represents a $0.67 annualized dividend and a yield of 2.08%. York Water’s dividend payout ratio (DPR) is presently 69.07%.

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About York Water

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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