Shares of York Water Co (NASDAQ:YORW) have received a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating.

Brokers have set a twelve-month consensus price objective of $27.00 for the company, according to Zacks. Zacks has also assigned York Water an industry rank of 174 out of 265 based on the ratings given to related companies.

Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of York Water from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research note on Friday, November 17th. BidaskClub downgraded shares of York Water from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st.

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York Water (NASDAQ:YORW) traded down $0.15 during midday trading on Monday, hitting $36.10. 17,700 shares of the stock were exchanged, compared to its average volume of 29,366. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 0.76. York Water has a 1 year low of $31.70 and a 1 year high of $39.86. The company has a market capitalization of $466.19, a P/E ratio of 37.37 and a beta of 0.55.

York Water (NASDAQ:YORW) last announced its earnings results on Thursday, November 2nd. The utilities provider reported $0.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.03. The company had revenue of $12.69 million during the quarter. York Water had a net margin of 30.97% and a return on equity of 13.54%. equities research analysts expect that York Water will post 0.99 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be paid a $0.1666 dividend. This represents a $0.67 annualized dividend and a yield of 1.85%. This is an increase from York Water’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, December 28th. York Water’s dividend payout ratio (DPR) is 65.98%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Campbell & CO Investment Adviser LLC acquired a new stake in York Water in the second quarter valued at approximately $206,000. Aperio Group LLC boosted its stake in York Water by 2.1% in the second quarter. Aperio Group LLC now owns 5,988 shares of the utilities provider’s stock valued at $209,000 after acquiring an additional 123 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in York Water by 10.0% in the second quarter. Janney Montgomery Scott LLC now owns 6,635 shares of the utilities provider’s stock valued at $231,000 after acquiring an additional 602 shares in the last quarter. Stifel Financial Corp boosted its stake in York Water by 8.4% in the second quarter. Stifel Financial Corp now owns 7,106 shares of the utilities provider’s stock valued at $252,000 after acquiring an additional 551 shares in the last quarter. Finally, American International Group Inc. boosted its stake in York Water by 7.0% in the first quarter. American International Group Inc. now owns 7,913 shares of the utilities provider’s stock valued at $277,000 after acquiring an additional 516 shares in the last quarter. Institutional investors own 35.10% of the company’s stock.

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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