Barclays PLC Buys 2,353 Shares of The York Water Company (NASDAQ:YORW)

Barclays PLC boosted its stake in shares of The York Water Company (NASDAQ:YORW) by 10.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 24,724 shares of the utilities provider’s stock after acquiring an additional 2,353 shares during the period. Barclays PLC’s holdings in York Water were worth $809,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in YORW. Martingale Asset Management L P grew its holdings in shares of York Water by 3.0% during the 4th quarter. Martingale Asset Management L P now owns 22,785 shares of the utilities provider’s stock worth $746,000 after purchasing an additional 670 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in York Water by 0.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 117,405 shares of the utilities provider’s stock worth $3,841,000 after buying an additional 739 shares in the last quarter. Fulton Bank N.A. increased its holdings in York Water by 4.7% in the 4th quarter. Fulton Bank N.A. now owns 16,600 shares of the utilities provider’s stock valued at $543,000 after buying an additional 750 shares during the period. Wells Fargo & Company MN raised its position in shares of York Water by 6.4% in the 4th quarter. Wells Fargo & Company MN now owns 16,404 shares of the utilities provider’s stock valued at $537,000 after buying an additional 992 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of York Water by 17.9% during the 4th quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider’s stock worth $216,000 after acquiring an additional 1,005 shares during the period. 49.86% of the stock is owned by institutional investors and hedge funds.

York Water Stock Performance

Shares of NASDAQ:YORW opened at $35.07 on Wednesday. The York Water Company has a 1 year low of $29.86 and a 1 year high of $41.96. The stock has a market capitalization of $504.62 million, a price-to-earnings ratio of 23.70 and a beta of 0.78. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.88 and a quick ratio of 0.68. The company’s 50 day simple moving average is $34.41 and its 200 day simple moving average is $33.95.

York Water (NASDAQ:YORW) last issued its quarterly earnings results on Tuesday, May 6th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.08). York Water had a net margin of 28.57% and a return on equity of 9.44%. The business had revenue of $18.46 million during the quarter, compared to the consensus estimate of $19.00 million. As a group, research analysts predict that The York Water Company will post 1.43 EPS for the current fiscal year.

York Water Profile

The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships.