Shares of The York Water Company (NASDAQ:YORW) have been assigned a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell rating.

Brokerages have set a twelve-month consensus price target of $27.00 for the company, according to Zacks. Zacks has also assigned The York Water an industry rank of 122 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded shares of The York Water from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Friday, November 17th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Teachers Advisors LLC raised its holdings in shares of The York Water by 3.5% during the first quarter. Teachers Advisors LLC now owns 20,261 shares of the utilities provider’s stock worth $710,000 after acquiring an additional 680 shares during the period. Vanguard Group Inc. raised its holdings in shares of The York Water by 23.4% during the first quarter. Vanguard Group Inc. now owns 624,439 shares of the utilities provider’s stock worth $21,887,000 after acquiring an additional 118,367 shares during the period. Aperio Group LLC raised its holdings in shares of The York Water by 2.1% during the second quarter. Aperio Group LLC now owns 5,988 shares of the utilities provider’s stock worth $209,000 after acquiring an additional 123 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of The York Water by 116.1% during the second quarter. Russell Investments Group Ltd. now owns 9,646 shares of the utilities provider’s stock worth $336,000 after acquiring an additional 5,183 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of The York Water by 10.0% during the second quarter. Janney Montgomery Scott LLC now owns 6,635 shares of the utilities provider’s stock worth $231,000 after acquiring an additional 602 shares during the period. Institutional investors own 33.66% of the company’s stock.

Shares of The York Water (NASDAQ:YORW) opened at $34.15 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 0.85 and a debt-to-equity ratio of 0.76. The firm has a market cap of $442.40, a price-to-earnings ratio of 36.19 and a beta of 0.56. The York Water has a twelve month low of $31.70 and a twelve month high of $39.86.

The York Water (NASDAQ:YORW) last posted its earnings results on Thursday, November 2nd. The utilities provider reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.03. The company had revenue of $12.69 million for the quarter. The York Water had a net margin of 25.75% and a return on equity of 10.75%. sell-side analysts anticipate that The York Water will post 0.99 EPS 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 issued a $0.1666 dividend. The ex-dividend date is Thursday, December 28th. This is a positive change from The York Water’s previous quarterly dividend of $0.16. This represents a $0.67 annualized dividend and a yield of 1.95%. The York Water’s dividend payout ratio (DPR) is 66.67%.

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About The 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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