York Water Co (NASDAQ:YORW) has earned an average broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation.

Analysts have set a 1 year consensus target price of $27.00 for the company, according to Zacks. Zacks has also given York Water an industry rank of 218 out of 265 based on the ratings given to related companies.

Several equities analysts have recently weighed in on the company. Zacks Investment Research upgraded York Water from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a report on Friday, November 17th. BidaskClub downgraded York Water from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in York Water by 17.0% in the 2nd quarter. Vanguard Group Inc. now owns 730,831 shares of the utilities provider’s stock worth $25,469,000 after buying an additional 106,392 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in York Water by 3.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 403,978 shares of the utilities provider’s stock worth $13,695,000 after buying an additional 14,254 shares in the last quarter. State Street Corp increased its holdings in York Water by 0.3% in the 2nd quarter. State Street Corp now owns 245,511 shares of the utilities provider’s stock worth $8,553,000 after buying an additional 638 shares in the last quarter. Northern Trust Corp increased its holdings in York Water by 2.7% in the 2nd quarter. Northern Trust Corp now owns 172,958 shares of the utilities provider’s stock worth $6,028,000 after buying an additional 4,616 shares in the last quarter. Finally, WFG Advisors LP increased its holdings in York Water by 9.2% in the 2nd quarter. WFG Advisors LP now owns 133,485 shares of the utilities provider’s stock worth $4,652,000 after buying an additional 11,281 shares in the last quarter. Institutional investors own 33.66% of the company’s stock.

Shares of York Water (NASDAQ YORW) traded up $0.25 during trading hours on Thursday, hitting $32.75. The stock had a trading volume of 27,957 shares, compared to its average volume of 29,506. York Water has a 1 year low of $31.70 and a 1 year high of $39.86. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.85 and a quick ratio of 0.77. The company has a market capitalization of $421.18, a P/E ratio of 34.11 and a beta of 0.57.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be issued a $0.1666 dividend. This represents a $0.67 annualized dividend and a yield of 2.03%. This is an increase from York Water’s previous quarterly dividend of $0.16. The ex-dividend date is Thursday, December 28th. York Water’s dividend payout ratio (DPR) is presently 69.79%.

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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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