According to the most recent report that was filed with the Securities and Exchange Commission by The York Water Company (NASDAQ: YORW), the acquisition of the company by Virtu Financial LLC was completed during the third quarter of 2018.
The corporation invested approximately 211,000 dollars and received 5,479 shares of stock in the utility provider due to the purchase of stock.
During the most recent period, several other hedge funds have also made modifications to the holdings that they have in York.
During the second quarter, Deutsche Zentral Genossenschaftsbank Frankfurt has Main invested 36 thousand euros in York Water.
During the third quarter, Quantbot Technologies LP tripled its investment in York Water to the point where it now constitutes 333.0% of the total. Quantbot Technologies LP now has 1,732 shares of the utilities provider’s stock, valued at $66,000, after the company purchased an additional 1,332 shares during the period.
These shares were purchased from a third party. US Bancorp DE increased its holdings in York Water by 1,703.1 percent during the year’s third quarter. US Bancorp DE now has 1,767 shares of the utilities provider’s stock, valued at $68,000, thanks to the fact that it purchased an additional 1,669 shares of the company’s stock during the period.
During the period in question, these shares were purchased.
Allspring Global Investments Holdings LLC’s stake in York Water saw a 203,500.0% increase during the second quarter due to the company’s increased investment.
Allspring Global Investments Holdings LLC increased its holdings in the stock of the utility provider by making a new purchase of 2,035 shares during the most recent reporting period.
As a result, the company now possesses 2,036 shares of the utility provider’s stock, currently valued at $82,000. Finally, but certainly not least, during the third quarter, Ellevest INC increased its holdings in York Water by a staggering 772.2 percent. Since the beginning of this period, Ellevest INC has increased the number of shares it owns in the utility provider to a total of 3,576, which has resulted in the stake being worth a total of $137,000. Hedge funds and other institutional investors own the company’s stock to the extent of 46.68%.
The company has been the subject of commentary from several stock analysts, each bringing a unique perspective.
A report released on December 12th by The Street gave York Water a grade of “b-,” which is an improvement from the previous grade of “c-.” On Wednesday, October 12th, StockNews.com provided coverage of York Water for your convenience.
They recommended that shareholders “hold” their shares of the company.
On Thursday, the opening price of the YORW stock market session was $44.22 per share.
The price of a share of York Water Company has ranged from $36.85 to $47.95 over the past 52 weeks, with an average price of $47.95.
The company’s price-to-earnings ratio is 32.51, and its beta value is 0.55.
The company’s current value, as measured by its market capitalization, is $631.46 million.
The simple moving average of the company’s stock price over the past 50 days is $45.48, and the simple moving average over the past 200 days is $43.83.
There is a ratio of 0.57 debt to equity, a ratio of 0.43 quick ratio, and a ratio of 0.52 current ratio.
All of these ratios are relative to one another.
In addition, the corporation has just announced a quarterly dividend, which will be distributed on the following Friday, April 14th.
The dividend was just recently declared. Stockholders of record on February 28th will be eligible to receive a dividend payment of $0.2027 per share.
This dividend payment will be made.
Source: beststocks.com
