Deutsche Bank AG Has $334,000 Stock Holdings in The York Water Company (NASDAQ:YORW)

Deutsche Bank AG raised its holdings in shares of The York Water Company (NASDAQ:YORW) by 13.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,210 shares of the utilities provider’s stock after purchasing an additional 1,208 shares during the quarter. Deutsche Bank AG’s holdings in York Water were worth $334,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Proficio Capital Partners LLC acquired a new stake in York Water during the 4th quarter valued at $434,000. Hsbc Holdings PLC acquired a new stake in York Water during the 4th quarter valued at $349,000. Rhumbline Advisers lifted its holdings in York Water by 6.4% during the 4th quarter. Rhumbline Advisers now owns 25,755 shares of the utilities provider’s stock valued at $843,000 after purchasing an additional 1,560 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in York Water by 49.3% during the 4th quarter. JPMorgan Chase & Co. now owns 45,325 shares of the utilities provider’s stock valued at $1,483,000 after purchasing an additional 14,957 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in York Water by 17.9% during the 4th quarter. SG Americas Securities LLC now owns 6,605 shares of the utilities provider’s stock valued at $216,000 after purchasing an additional 1,005 shares during the last quarter. Institutional investors and hedge funds own 49.86% of the company’s stock.

York Water Stock Up 0.6%

YORW opened at $32.71 on Friday. The York Water Company has a fifty-two week low of $29.86 and a fifty-two week high of $41.96. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.68 and a current ratio of 0.88. The company has a market capitalization of $471.02 million, a P/E ratio of 22.10 and a beta of 0.78. The stock has a fifty day moving average of $33.97 and a 200-day moving average of $33.49.

York Water (NASDAQ:YORW) last posted its earnings results on Tuesday, May 6th. The utilities provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.08). The firm had revenue of $18.46 million for the quarter, compared to analyst estimates of $19.00 million. York Water had a return on equity of 9.44% and a net margin of 28.57%. On average, equities analysts expect that The York Water Company will post 1.43 EPS for the current year.

York Water Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.2192 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Monday, June 30th. York Water’s dividend payout ratio is presently 63.50%.

York Water 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.