Teton Advisors Inc. Sells 700 Shares of The York Water Company (NASDAQ:YORW)

Teton Advisors Inc. cut its stake in The York Water Company (NASDAQ:YORW) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,660 shares of the utilities provider’s stock after selling 700 shares during the quarter. Teton Advisors Inc. owned 0.26% of York Water worth $1,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Tower Research Capital LLC TRC increased its stake in shares of York Water by 632.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,606 shares of the utilities provider’s stock valued at $101,000 after acquiring an additional 2,250 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in York Water during the 4th quarter worth approximately $101,000. Campbell & CO Investment Adviser LLC increased its stake in York Water by 30.0% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 16,741 shares of the utilities provider’s stock worth $647,000 after purchasing an additional 3,864 shares in the last quarter. TFO Wealth Partners LLC increased its stake in York Water by 17,525.0% during the 4th quarter. TFO Wealth Partners LLC now owns 705 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 701 shares in the last quarter. Finally, Panagora Asset Management Inc. bought a new stake in York Water during the 4th quarter worth approximately $306,000. 49.86% of the stock is owned by institutional investors.

York Water Stock Down 0.0 %

NASDAQ YORW traded down $0.01 during trading hours on Tuesday, reaching $35.51. 53,795 shares of the company’s stock were exchanged, compared to its average volume of 59,992. The company’s 50-day moving average is $35.33 and its two-hundred day moving average is $36.58. The York Water Company has a one year low of $33.32 and a one year high of $45.61. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.69 and a current ratio of 0.86. The company has a market capitalization of $508.86 million, a price-to-earnings ratio of 21.39 and a beta of 0.60.

York Water (NASDAQ:YORW) last posted its earnings results on Tuesday, March 5th. The utilities provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. York Water had a return on equity of 11.05% and a net margin of 33.45%. The business had revenue of $18.10 million during the quarter, compared to analysts’ expectations of $17.00 million. On average, analysts forecast that The York Water Company will post 1.61 EPS for the current fiscal year.

York Water Company 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.