The York Water Company (NASDAQ:YORW) Shares Acquired by Fulton Bank N.A.

Fulton Bank N.A. boosted its position in The York Water Company (NASDAQ:YORW) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,600 shares of the utilities provider’s stock after purchasing an additional 750 shares during the period. Fulton Bank N.A. owned about 0.12% of York Water worth $543,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. State Street Corp boosted its stake in shares of York Water by 9.4% in the third quarter. State Street Corp now owns 473,568 shares of the utilities provider’s stock valued at $17,835,000 after buying an additional 40,746 shares in the last quarter. Barclays PLC boosted its position in shares of York Water by 297.0% during the 3rd quarter. Barclays PLC now owns 22,371 shares of the utilities provider’s stock worth $838,000 after purchasing an additional 16,736 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of York Water by 78.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 30,368 shares of the utilities provider’s stock worth $1,138,000 after purchasing an additional 13,339 shares during the period. Orrstown Financial Services Inc. purchased a new position in shares of York Water in the 3rd quarter valued at about $445,000. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of York Water in the second quarter valued at about $339,000. Hedge funds and other institutional investors own 49.86% of the company’s stock.

York Water Stock Down 0.6 %

YORW stock opened at $31.09 on Friday. The York Water Company has a 52 week low of $30.76 and a 52 week high of $41.96. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.87. The company has a market cap of $446.89 million, a P/E ratio of 21.01 and a beta of 0.64. The company’s 50-day moving average price is $34.64 and its 200 day moving average price is $36.91.

York Water Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.2192 dividend. This is an increase from York Water’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend is Tuesday, December 31st. York Water’s dividend payout ratio (DPR) is presently 58.78%.

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.