Univest Financial Co. (NASDAQ:UVSP - Get Free Report) Director Natalye Paquin bought 730 shares of the company's stock in a transaction that occurred on Friday, April 25th. The stock was acquired at an average price of $28.81 per share, with a total value of $21,031.30. Following the completion of the purchase, the director now directly owns 26,029 shares of the company's stock, valued at approximately $749,895.49. The trade was a 2.89 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Natalye Paquin also recently made the following trade(s):
- On Monday, February 3rd, Natalye Paquin purchased 618 shares of Univest Financial stock. The stock was acquired at an average price of $30.19 per share, with a total value of $18,657.42.
Univest Financial Stock Down 1.4 %
UVSP opened at $28.98 on Friday. The company has a market cap of $840.48 million, a PE ratio of 11.19 and a beta of 0.72. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.02 and a current ratio of 1.02. Univest Financial Co. has a 1 year low of $20.37 and a 1 year high of $32.75. The firm has a 50 day moving average price of $28.27 and a 200 day moving average price of $29.42.
Univest Financial (NASDAQ:UVSP - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The financial services provider reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.13. Univest Financial had a net margin of 15.17% and a return on equity of 8.51%. The business had revenue of $79.20 million during the quarter, compared to the consensus estimate of $77.65 million. Sell-side analysts expect that Univest Financial Co. will post 2.36 earnings per share for the current year.
Univest Financial Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th will be issued a $0.22 dividend. This is a positive change from Univest Financial's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 3.04%. The ex-dividend date is Wednesday, May 7th. Univest Financial's payout ratio is currently 32.43%.
Analyst Ratings Changes
Separately, Stephens reissued an "equal weight" rating and issued a $31.00 target price on shares of Univest Financial in a research report on Thursday, January 23rd.
Read Our Latest Report on Univest Financial
Institutional Trading of Univest Financial
Institutional investors and hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC increased its holdings in shares of Univest Financial by 161.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,003 shares of the financial services provider's stock worth $30,000 after acquiring an additional 619 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Univest Financial during the 3rd quarter valued at $79,000. PNC Financial Services Group Inc. raised its position in Univest Financial by 14.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,796 shares of the financial services provider's stock worth $142,000 after acquiring an additional 617 shares in the last quarter. ProShare Advisors LLC bought a new stake in shares of Univest Financial in the 4th quarter worth approximately $240,000. Finally, State of Tennessee Department of Treasury acquired a new position in Univest Financial in the fourth quarter worth approximately $244,000. 75.07% of the stock is owned by institutional investors and hedge funds.
About Univest Financial
(
Get 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.
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