How Analysts Feel About The York Water Company (YORW) After Reaching 52-Week High?

Investors sentiment increased to 1.45 in Q2 2019. Its up 0.45, from 1 in 2019Q1. It is positive, as 4 investors sold The York Water Company shares while 25 reduced holdings. 13 funds opened positions while 29 raised stakes. 5.30 million shares or 11.38% more from 4.76 million shares in 2019Q1 were reported.
300 were accumulated by Cwm Ltd Liability Company. Strs Ohio stated it has 18,200 shares or 0% of all its holdings. Swiss Retail Bank reported 24,100 shares. Water Asset Mngmt Ltd Llc, New York-based fund reported 15,499 shares. Gradient Investments Limited Liability Corporation invested in 0% or 2,334 shares. Gamco Investors Et Al holds 0.01% or 43,500 shares. 38,300 were reported by Wells Fargo & Mn. Penn Cap Mgmt Com Incorporated reported 78,725 shares. Metropolitan Life stated it has 0% in The York Water Company (NASDAQ:YORW). Rhumbline Advisers stated it has 0% in The York Water Company (NASDAQ:YORW). Cornerstone reported 20 shares. Hm Payson & Co stated it has 0% in The York Water Company (NASDAQ:YORW). Bessemer holds 0% or 2,150 shares in its portfolio. Nuveen Asset Limited Liability Corp accumulated 0% or 53,399 shares. 17,340 were reported by Philadelphia Com.

Since March 15, 2019, it had 39 insider buys, and 0 insider sales for $72,263 activity. $987 worth of The York Water Company (NASDAQ:YORW) was bought by McGlaughlin Erin C. Rasmussen Steven R bought $591 worth of The York Water Company (NASDAQ:YORW) on Thursday, June 20. 225 shares valued at $7,514 were bought by Hand Joseph Thomas on Monday, July 15. Snyder Mark S also bought $1,102 worth of The York Water Company (NASDAQ:YORW) shares. Shares for $34 were bought by Hardman Mark J on Monday, April 15. Cawley James H had bought 1 shares worth $34.

The stock of The York Water Company (NASDAQ:YORW) hit a new 52-week high and has $40.49 target or 3.00 % above today’s $39.31 share price. The 8 months bullish chart indicates low risk for the $512.69M company. The 1-year high was reported on Sep, 13 by Barchart.com. If the $40.49 price target is reached, the company will be worth $15.38M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.61% or $0.24 during the last trading session, reaching $39.31. About 20,775 shares traded. The York Water Company (NASDAQ:YORW) has risen 15.85% since September 13, 2018 and is uptrending. It has outperformed by 15.85% the S&P500.

Analysts await The York Water Company (NASDAQ:YORW) to report earnings on November, 1. They expect $0.33 earnings per share, up 13.79 % or $0.04 from last year’s $0.29 per share. YORW’s profit will be $4.30M for 29.78 P/E if the $0.33 EPS becomes a reality. After $0.28 actual earnings per share reported by The York Water Company for the previous quarter, Wall Street now forecasts 17.86 % EPS growth.

More notable recent The York Water Company (NASDAQ:YORW) news were published by: Finance.Yahoo.com which released: “Should You Be Pleased About The CEO Pay At The York Water Company’s (NASDAQ:YORW) – Yahoo Finance” on July 22, 2019, also Finance.Yahoo.com with their article: “Here’s What Hedge Funds Think About Greenhill & Co., Inc. (GHL) – Yahoo Finance” published on June 24, 2019, Globenewswire.com published: “The York Water Company Declares an Increased Dividend – GlobeNewswire” on November 21, 2018. More interesting news about The York Water Company (NASDAQ:YORW) were released by: Finance.Yahoo.com and their article: “Boasting A 11% Return On Equity, Is The York Water Company (NASDAQ:YORW) A Top Quality Stock? – Yahoo Finance” published on June 16, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Think About The York Water Company (YORW) – Yahoo Finance” with publication date: May 11, 2019.

The York Water Company impounds, purifies, and distributes drinking water. The company has market cap of $512.69 million. It owns and operates three wastewater collection systems and two wastewater treatment systems; and has two reservoirs comprising Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water. It has a 36.4 P/E ratio. The firm also has a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns seven wells that supply approximately 366,000 gallons of water per day to its clients in Carroll Valley Borough and Cumberland Township, Adams County.

The York Water Company (NASDAQ:YORW) Institutional Positions Chart

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