Equities analysts expect Univest Corporation of Pennsylvania (NASDAQ:UVSP) to report earnings per share (EPS) of $0.44 for the current quarter, according to Zacks. Zero analysts have provided estimates for Univest Corporation of Pennsylvania’s earnings. Univest Corporation of Pennsylvania posted earnings of $0.35 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 25.7%. The business is expected to report its next earnings report on Wednesday, October 25th.

According to Zacks, analysts expect that Univest Corporation of Pennsylvania will report full-year earnings of $1.70 per share for the current financial year. For the next fiscal year, analysts expect that the business will report earnings of $2.05 per share. Zacks’ EPS calculations are an average based on a survey of research firms that follow Univest Corporation of Pennsylvania.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last issued its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.03. The company had revenue of $51.31 million during the quarter. Univest Corporation of Pennsylvania had a return on equity of 8.09% and a net margin of 13.95%.

Several analysts have recently issued reports on the company. Keefe, Bruyette & Woods reissued a “buy” rating and set a $33.00 target price on shares of Univest Corporation of Pennsylvania in a report on Thursday, July 27th. BidaskClub lowered Univest Corporation of Pennsylvania from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. ValuEngine raised Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Sandler O’Neill assumed coverage on Univest Corporation of Pennsylvania in a report on Wednesday, April 12th. They set a “buy” rating on the stock.

In other news, Director Michael L. Turner sold 2,000 shares of the stock in a transaction on Tuesday, June 13th. The stock was sold at an average price of $29.80, for a total transaction of $59,600.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 3.62% of the company’s stock.

Several hedge funds have recently made changes to their positions in UVSP. SG Americas Securities LLC acquired a new stake in shares of Univest Corporation of Pennsylvania during the first quarter valued at $181,000. Sei Investments Co. increased its stake in shares of Univest Corporation of Pennsylvania by 33.7% in the second quarter. Sei Investments Co. now owns 9,868 shares of the financial services provider’s stock valued at $296,000 after buying an additional 2,489 shares in the last quarter. 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. Guggenheim Capital LLC increased its stake in shares of Univest Corporation of Pennsylvania by 8.6% in the fourth quarter. Guggenheim Capital LLC now owns 11,673 shares of the financial services provider’s stock valued at $361,000 after buying an additional 921 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Univest Corporation of Pennsylvania during the first quarter valued at $408,000. Institutional investors and hedge funds own 61.67% of the company’s stock.

Shares of Univest Corporation of Pennsylvania (UVSP) traded down 1.46% on Wednesday, hitting $30.35. The company’s stock had a trading volume of 9,679 shares. The firm has a market cap of $809.34 million, a price-to-earnings ratio of 27.34 and a beta of 0.69. The stock’s 50-day moving average price is $29.92 and its 200-day moving average price is $28.54. Univest Corporation of Pennsylvania has a 52 week low of $21.48 and a 52 week high of $31.50.

The business also recently announced a quarterly dividend, which was paid on Monday, July 3rd. Stockholders of record on Wednesday, June 7th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend was Monday, June 5th. Univest Corporation of Pennsylvania’s dividend payout ratio (DPR) is currently 72.07%.

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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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