KLP Kapitalforvaltning AS Makes New $511,000 Investment in Univest Financial Co. (NASDAQ:UVSP)

KLP Kapitalforvaltning AS acquired a new stake in Univest Financial Co. (NASDAQ:UVSP – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 17,300 shares of the financial services provider’s stock, valued at approximately $511,000.

KLP Kapitalforvaltning AS owned approximately 0.06% of Univest Financial as of its most recent SEC filing. Other institutional investors have also made changes to their positions in the company.



Raymond James Financial Inc. purchased a new stake in Univest Financial during the 4th quarter worth $2,299,000. American Century Companies Inc.

increased its position in shares of Univest Financial by 12.7% during the fourth quarter. American Century Companies Inc.

now owns 632,354 shares of the financial services provider’s stock worth $18,661,000 after acquiring an additional 71,265 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Univest Financial by 64.

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

Barclays PLC lifted 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 acquiring an additional 31,783 shares in the last quarter.

Finally, Geode Capital Management LLC boosted its holdings in Univest Financial by 3.5% in the third 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 last quarter.

75.07% of the stock is owned by institutional investors and hedge funds. Univest Financial Price PerformanceShares of UVSP stock opened at $26.

44 on Friday. The firm has a market cap of $766.81 million, a P/E ratio of 10.

21 and a beta of 0.89. The firm has a fifty day moving average of $29.

66 and a two-hundred day moving average of $29.51. 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. Univest Financial (NASDAQ:UVSP – Get Free Report) last posted 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 return on equity of 8.51% and a net margin of 15.17%.

As a group, research analysts anticipate that Univest Financial Co. will post 2.36 earnings per share for the current fiscal year.

Univest Financial Announces DividendThe company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were issued a $0.21 dividend.

The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.

18%. Univest Financial’s dividend payout ratio (DPR) is 32.43%.

Insider Activity at Univest FinancialIn other Univest Financial news, Director Anne Vazquez acquired 1,250 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was acquired at an average price of $28.63 per share, with a total value of $35,787.

50. Following the transaction, the director now directly owns 6,250 shares in the company, valued at approximately $178,937.50.

This represents a 25.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Corporate insiders own 1.70% of the company’s stock. Wall Street Analysts Forecast GrowthSeparately, Stephens reaffirmed an “equal weight” rating and issued a $31.

00 target price on shares of Univest Financial in a research report on Thursday, January 23rd.Get Our Latest Stock Analysis on Univest FinancialUnivest 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 StoriesFive stocks we like better than Univest FinancialInvesting in Construction StocksShares of RH Down Nearly 40%: Where Investors Can Turn To NowThe 3 Best Blue-Chip Stocks to Buy NowTariffs, Spin-Out, and R2 Updates Are Positive Signs for RivianRide Out The Recession With These Dividend Kings Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?.