17,300 Shares in Univest Financial Co. (NASDAQ:UVSP) Bought by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS bought a new position in Univest Financial Co. ( NASDAQ:UVSP – Free Report ) during the 4th quarter, Holdings Channel.com reports.

The institutional investor bought 17,300 shares of the financial services provider’s stock, valued at approximately $511,000. Other hedge funds and other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of Univest Financial by 3.



5% in the 3rd quarter. Geode Capital Management LLC now owns 704,445 shares of the financial services provider’s stock worth $19,826,000 after acquiring an additional 23,770 shares during the period. American Century Companies Inc.

grew its position in Univest Financial by 12.7% in the 4th quarter. American Century Companies Inc.

now owns 632,354 shares of the financial services provider’s stock worth $18,661,000 after purchasing an additional 71,265 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Univest Financial by 0.5% in the fourth quarter.

Bank of New York Mellon Corp now owns 152,028 shares of the financial services provider’s stock valued at $4,486,000 after purchasing an additional 807 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Univest Financial by 64.

4% during the third quarter. JPMorgan Chase & Co. now owns 103,531 shares of the financial services provider’s stock valued at $2,913,000 after buying an additional 40,545 shares during the last quarter.

Finally, Empowered Funds LLC boosted its position in shares of Univest Financial by 5.1% during the fourth quarter. Empowered Funds LLC now owns 98,430 shares of the financial services provider’s stock worth $2,905,000 after buying an additional 4,739 shares during the period.

Institutional investors and hedge funds own 75.07% of the company’s stock. Insider Activity In other news, Director Anne Vazquez bought 1,250 shares of the stock in a transaction that occurred on Wednesday, March 19th.

The shares were purchased at an average cost of $28.63 per share, with a total value of $35,787.50.

Following the completion of the acquisition, the director now directly owns 6,250 shares in the company, valued at approximately $178,937.50. The trade was a 25.

00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . 1.

70% of the stock is owned by insiders. Univest Financial Stock Performance Univest Financial ( NASDAQ:UVSP – Get Free Report ) last released its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.

65 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.08.

Univest Financial had a net margin of 15.17% and a return on equity of 8.51%.

Sell-side analysts predict that Univest Financial Co. will post 2.36 earnings per share for the current fiscal year.

Univest Financial Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were given a dividend of $0.21 per share.

This represents a $0.84 annualized dividend and a dividend yield of 3.18%.

The ex-dividend date was Wednesday, February 5th. Univest Financial’s dividend payout ratio (DPR) is presently 32.43%.

Analysts Set New Price Targets Separately, Stephens restated an “equal weight” rating and issued a $31.00 target price on shares of Univest Financial in a research report on Thursday, January 23rd. View Our Latest Research Report on UVSP Univest Financial Company Profile ( Free Report ) Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States.

It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations. Featured Stories Want to see what other hedge funds are holding UVSP? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Univest Financial Co. ( NASDAQ:UVSP – Free Report ). Receive News & Ratings for Univest Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univest Financial and related companies with MarketBeat.

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