Univest Co. of Pennsylvania (UVSP) Stake Maintained by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System maintained its position in shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,978 shares of the financial services provider’s stock at the end of the fourth quarter. State Board of Administration of Florida Retirement System owned about 0.06% of Univest Co. of Pennsylvania worth $494,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Aberdeen Asset Management PLC UK boosted its position in Univest Co. of Pennsylvania by 47.4% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 1,387,383 shares of the financial services provider’s stock valued at $42,870,000 after buying an additional 446,072 shares during the period. Univest Corp of Pennsylvania boosted its position in Univest Co. of Pennsylvania by 0.6% in the third quarter. Univest Corp of Pennsylvania now owns 838,825 shares of the financial services provider’s stock valued at $19,595,000 after buying an additional 4,922 shares during the period. Philadelphia Trust Co. boosted its position in Univest Co. of Pennsylvania by 1.7% in the third quarter. Philadelphia Trust Co. now owns 426,819 shares of the financial services provider’s stock valued at $9,970,000 after buying an additional 7,150 shares during the period. Banc Funds Co. LLC boosted its position in Univest Co. of Pennsylvania by 26.3% in the third quarter. Banc Funds Co. LLC now owns 269,452 shares of the financial services provider’s stock valued at $6,294,000 after buying an additional 56,049 shares during the period. Finally, Neuberger Berman Group LLC boosted its position in Univest Co. of Pennsylvania by 4.4% in the third quarter. Neuberger Berman Group LLC now owns 230,228 shares of the financial services provider’s stock valued at $5,378,000 after buying an additional 9,780 shares during the period. 53.18% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Univest Co. of Pennsylvania (NASDAQ:UVSP)

Univest Co. of Pennsylvania (NASDAQ:UVSP) traded up 2.93% during midday trading on Thursday, hitting $28.10. The company had a trading volume of 102,572 shares. Univest Co. of Pennsylvania has a 52 week low of $19.11 and a 52 week high of $31.50. The company has a market capitalization of $747.57 million, a P/E ratio of 33.45 and a beta of 0.73. The stock has a 50 day moving average price of $26.83 and a 200 day moving average price of $27.28.

The firm also recently announced a quarterly dividend, which was paid on Monday, April 3rd. Investors of record on Wednesday, March 8th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend was Monday, March 6th. Univest Co. of Pennsylvania’s dividend payout ratio (DPR) is presently 88.89%.

COPYRIGHT VIOLATION NOTICE: This report was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://sportsperspectives.com/2017/04/21/state-board-of-administration-of-florida-retirement-system-holds-stake-in-univest-co-of-pennsylvania-uvsp-updated.html.

Separately, Sandler O’Neill assumed coverage on Univest Co. of Pennsylvania in a research report on Wednesday, April 12th. They set a “buy” rating on the stock.

In other Univest Co. of Pennsylvania news, insider Kevin Brian Norris bought 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 16th. The shares were purchased at an average price of $28.53 per share, with a total value of $28,530.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael L. Turner sold 3,000 shares of the stock in a transaction on Wednesday, March 29th. The shares were sold at an average price of $26.25, for a total value of $78,750.00. The disclosure for this sale can be found here. Corporate insiders own 4.96% of the company’s stock.

About Univest Co. of Pennsylvania

Univest Corporation of Pennsylvania is a bank holding company. The Company owns all of the capital stock of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Bank is engaged in the general commercial banking business and provides a range of banking and trust services to its customers.

5 Day Chart for NASDAQ:UVSP

Receive News & Ratings for Univest Co. of Pennsylvania Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univest Co. of Pennsylvania and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply