1 week Ago By ABMN Staff
Trexquant Investment LP purchased a new stake in shares of Univest Financial Co. ( NASDAQ:UVSP – Free Report ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 9,816 shares of the financial services provider’s stock, valued at approximately $290,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of UVSP. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Univest Financial by 16.2% during the 3rd quarter.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,700 shares of the financial services provider’s stock valued at $1,342,000 after acquiring an additional 6,667 shares during the period. Jane Street Group LLC boosted its position in shares of Univest Financial by 75.8% in the third quarter.
Jane Street Group LLC now owns 48,782 shares of the financial services provider’s stock worth $1,373,000 after purchasing an additional 21,030 shares during the period. Barclays PLC increased its stake in shares of Univest Financial by 91.3% in the third quarter.
Barclays PLC now owns 66,603 shares of the financial services provider’s stock worth $1,875,000 after purchasing an additional 31,783 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Univest Financial by 3.5% during the 3rd quarter.
Geode Capital Management LLC now owns 704,445 shares of the financial services provider’s stock valued at $19,826,000 after purchasing an additional 23,770 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Univest Financial during the 3rd quarter valued at $79,000. Hedge funds and other institutional investors own 75.
07% of the company’s stock. Insider Buying and Selling at Univest Financial In other Univest Financial news, Director Anne Vazquez bought 1,250 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was 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 owns 6,250 shares in the company, valued at $178,937.
50. This trade represents a 25.00 % increase in their position.
The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . 1.70% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades View Our Latest Stock Report on Univest Financial Univest Financial Trading Down 2.0 % Shares of UVSP opened at $25.30 on Monday.
The firm has a market cap of $733.75 million, a P/E ratio of 9.77 and a beta of 0.
72. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.
02 and a quick ratio of 1.02. Univest Financial Co.
has a 1 year low of $18.41 and a 1 year high of $32.75.
The company has a 50 day simple moving average of $28.97 and a two-hundred day simple moving average of $29.42.
Univest Financial ( NASDAQ:UVSP – Get Free Report ) last announced its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating 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%. On average, equities analysts expect that Univest Financial Co.
will post 2.36 earnings per share for the current fiscal year. Univest Financial Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th.
Investors of record on Wednesday, February 5th were paid a dividend of $0.21 per share. This represents a $0.
84 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date was Wednesday, February 5th.
Univest Financial’s payout ratio is presently 32.43%. 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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