Wall Street analysts expect Univest Corporation of Pennsylvania (NASDAQ:UVSP) to post earnings of $0.39 per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Univest Corporation of Pennsylvania’s earnings. Univest Corporation of Pennsylvania posted earnings per share of $0.27 during the same quarter last year, which would indicate a positive year over year growth rate of 44.4%. The business is expected to issue its next quarterly earnings results on Wednesday, July 26th.
On average, analysts expect that Univest Corporation of Pennsylvania will report full-year earnings of $1.64 per share for the current financial year. For the next fiscal year, analysts expect that the business will post earnings of $2.00 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that follow Univest Corporation of Pennsylvania.
Univest Corporation of Pennsylvania (NASDAQ:UVSP) last announced its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by $0.01. The firm had revenue of $49.25 million during the quarter. Univest Corporation of Pennsylvania had a return on equity of 7.31% and a net margin of 11.75%.
A number of equities research analysts recently weighed in on the company. ValuEngine raised Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Sandler O’Neill assumed coverage on Univest Corporation of Pennsylvania in a research report on Wednesday, April 12th. They set a “buy” rating on the stock.
In other Univest Corporation of Pennsylvania news, Director Michael L. Turner sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, June 13th. The stock was sold at an average price of $29.80, for a total value of $59,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders sold 5,500 shares of company stock valued at $153,495. Corporate insiders own 3.62% of the company’s stock.
Large investors have recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of Univest Corporation of Pennsylvania during the first quarter valued at $181,000. Martingale Asset Management L P acquired a new stake in shares of Univest Corporation of Pennsylvania during the fourth quarter valued at $204,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Univest Corporation of Pennsylvania during the fourth quarter valued at $222,000. A.R.T. Advisors LLC acquired a new stake in shares of Univest Corporation of Pennsylvania during the fourth quarter valued at $278,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Univest Corporation of Pennsylvania by 15.1% in the first quarter. Goldman Sachs Group Inc. now owns 13,428 shares of the financial services provider’s stock valued at $348,000 after buying an additional 1,761 shares in the last quarter. 61.66% of the stock is owned by institutional investors and hedge funds.
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Shares of Univest Corporation of Pennsylvania (UVSP) traded down 0.68% during trading on Thursday, reaching $29.30. 37,214 shares of the company were exchanged. The firm’s 50 day moving average is $29.11 and its 200 day moving average is $28.60. The firm has a market capitalization of $781.17 million, a P/E ratio of 31.57 and a beta of 0.70. Univest Corporation of Pennsylvania has a 1-year low of $19.69 and a 1-year high of $31.50.
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Shareholders of record on Wednesday, June 7th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.73%. The ex-dividend date of this dividend is Monday, June 5th. Univest Corporation of Pennsylvania’s dividend payout ratio is presently 85.11%.
Univest Corporation of Pennsylvania Company Profile
Univest Corporation of Pennsylvania is the bank holding company of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Company’s business segments include Banking, Wealth Management and Insurance. The Banking segment provides financial services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.
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