Universal Co. (NYSE:UVV – Get Free Report) Director Lennart R. Freeman sold 1,847 shares of Universal stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $48.76, for a total value of $90,059.72. Following the sale, the director now owns 14,594 shares of the company’s stock, valued at $711,603.44. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Universal Trading Down 0.6 %
Shares of Universal stock opened at $48.32 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.86 and a quick ratio of 1.05. The company’s fifty day moving average price is $50.18 and its two-hundred day moving average price is $51.86. Universal Co. has a 52-week low of $43.64 and a 52-week high of $57.83. The firm has a market capitalization of $1.19 billion, a PE ratio of 10.46 and a beta of 0.69.
Universal (NYSE:UVV – Get Free Report) last announced its quarterly earnings results on Wednesday, May 24th. The company reported $0.97 EPS for the quarter. Universal had a return on equity of 6.13% and a net margin of 4.33%. The business had revenue of $693.98 million for the quarter.
Universal Dividend Announcement
Institutional Trading of Universal
A number of hedge funds and other institutional investors have recently made changes to their positions in UVV. Belpointe Asset Management LLC increased its holdings in shares of Universal by 261.3% in the first quarter. Belpointe Asset Management LLC now owns 560 shares of the company’s stock valued at $30,000 after purchasing an additional 405 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Universal by 128.8% in the first quarter. Tower Research Capital LLC TRC now owns 627 shares of the company’s stock valued at $33,000 after buying an additional 353 shares during the period. Point72 Middle East FZE acquired a new stake in shares of Universal in the 4th quarter valued at approximately $39,000. Envestnet Asset Management Inc. boosted its position in shares of Universal by 2,841.9% during the first quarter. Envestnet Asset Management Inc. now owns 171,983 shares of the company’s stock worth $39,000 after purchasing an additional 166,137 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Universal by 155.2% during the fourth quarter. Parallel Advisors LLC now owns 832 shares of the company’s stock worth $44,000 after acquiring an additional 506 shares in the last quarter. 79.31% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
UVV has been the subject of a number of recent research reports. StockNews.com assumed coverage on shares of Universal in a report on Thursday, May 18th. They issued a “hold” rating for the company. TheStreet lowered shares of Universal from a “b” rating to a “c+” rating in a research report on Friday, August 4th.
View Our Latest Report on Universal
About Universal
Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.
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