Tower Research Capital LLC TRC Grows Stock Position in The York Water Company (NASDAQ:YORW)

Tower Research Capital LLC TRC boosted its stake in shares of The York Water Company (NASDAQ:YORWGet Rating) by 78.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,374 shares of the utilities provider’s stock after buying an additional 1,924 shares during the period. Tower Research Capital LLC TRC’s holdings in York Water were worth $168,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. State Board of Administration of Florida Retirement System grew its position in York Water by 2.6% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 9,590 shares of the utilities provider’s stock valued at $369,000 after acquiring an additional 241 shares during the last quarter. KBC Group NV grew its position in shares of York Water by 25.6% during the 3rd quarter. KBC Group NV now owns 128,871 shares of the utilities provider’s stock worth $4,953,000 after buying an additional 26,267 shares in the last quarter. Virtu Financial LLC bought a new position in shares of York Water during the 3rd quarter worth $211,000. Quantbot Technologies LP grew its position in shares of York Water by 333.0% during the 3rd quarter. Quantbot Technologies LP now owns 1,732 shares of the utilities provider’s stock worth $66,000 after buying an additional 1,332 shares in the last quarter. Finally, Ellevest Inc. lifted its stake in shares of York Water by 772.2% during the 3rd quarter. Ellevest Inc. now owns 3,576 shares of the utilities provider’s stock worth $137,000 after purchasing an additional 3,166 shares during the last quarter. Institutional investors own 46.68% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded York Water from a “c+” rating to a “b+” rating in a research note on Monday, December 12th.

York Water Trading Down 3.8 %

York Water stock opened at $43.59 on Thursday. The York Water Company has a one year low of $36.85 and a one year high of $47.48. The stock has a market cap of $622.47 million, a PE ratio of 32.05 and a beta of 0.53. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.43 and a current ratio of 0.52. The stock has a 50-day moving average of $44.94 and a two-hundred day moving average of $43.93.

York Water Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 14th. Stockholders of record on Tuesday, February 28th will be paid a $0.2027 dividend. This represents a $0.81 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend is Monday, February 27th. York Water’s payout ratio is 59.56%.

About York Water

(Get Rating)

The York Water Co engages in impounding, purifying, and distribution of drinking water. It owns and operates wastewater collection systems and wastewater treatment systems. The company was founded on February 23, 1816 and is headquartered in York, PA.

Further Reading

Institutional Ownership by Quarter for York Water (NASDAQ:YORW)

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