The York Water Company (NASDAQ:YORW) Shares Sold by Global Retirement Partners LLC

Global Retirement Partners LLC lowered its holdings in The York Water Company (NASDAQ:YORW) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,883 shares of the utilities provider’s stock after selling 412 shares during the period. Global Retirement Partners LLC’s holdings in York Water were worth $520,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in YORW. Zimmer Partners LP boosted its holdings in York Water by 1.0% in the 3rd quarter. Zimmer Partners LP now owns 709,867 shares of the utilities provider’s stock worth $26,592,000 after acquiring an additional 7,083 shares during the period. 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 purchasing an additional 40,746 shares during the period. Geode Capital Management LLC grew its holdings in York Water by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 343,279 shares of the utilities provider’s stock valued at $12,862,000 after purchasing an additional 3,082 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in York Water by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 116,666 shares of the utilities provider’s stock worth $4,370,000 after buying an additional 2,828 shares during the period. Finally, State of New Jersey Common Pension Fund D increased its stake in York Water by 26.2% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 78,026 shares of the utilities provider’s stock worth $2,553,000 after buying an additional 16,209 shares during the period. Institutional investors and hedge funds own 49.86% of the company’s stock.

York Water Stock Performance

NASDAQ:YORW opened at $33.11 on Monday. The firm has a 50-day moving average of $32.07 and a two-hundred day moving average of $35.27. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.88 and a quick ratio of 0.68. The stock has a market cap of $475.79 million, a P/E ratio of 22.37 and a beta of 0.64. The York Water Company has a 1-year low of $29.86 and a 1-year high of $41.96.

York Water Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, February 28th will be issued a $0.2192 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend is Friday, February 28th. York Water’s dividend payout ratio is currently 59.46%.

About York Water

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.