Schroder Investment Management Group trimmed its stake in Univest Co. of Pennsylvania (NASDAQ:UVSP) by 5.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 497,447 shares of the financial services provider’s stock after selling 26,537 shares during the period. Schroder Investment Management Group owned about 1.86% of Univest Co. of Pennsylvania worth $16,018,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new stake in Univest Co. of Pennsylvania during the 3rd quarter worth about $122,000. BNP Paribas Arbitrage SA grew its holdings in Univest Co. of Pennsylvania by 518.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,811 shares of the financial services provider’s stock worth $114,000 after acquiring an additional 3,195 shares during the period. HighTower Advisors LLC acquired a new stake in Univest Co. of Pennsylvania during the 2nd quarter worth about $205,000. Brandywine Global Investment Management LLC grew its holdings in Univest Co. of Pennsylvania by 30.2% during the 2nd quarter. Brandywine Global Investment Management LLC now owns 7,070 shares of the financial services provider’s stock worth $212,000 after acquiring an additional 1,640 shares during the period. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in Univest Co. of Pennsylvania during the 2nd quarter worth about $232,000. Institutional investors and hedge funds own 70.79% of the company’s stock.

Shares of Univest Co. of Pennsylvania (NASDAQ UVSP) opened at $27.95 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $830.40, a PE ratio of 17.58 and a beta of 0.59. Univest Co. of Pennsylvania has a 12 month low of $25.65 and a 12 month high of $32.35.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.02). The firm had revenue of $51.00 million during the quarter. Univest Co. of Pennsylvania had a net margin of 18.71% and a return on equity of 8.35%. analysts anticipate that Univest Co. of Pennsylvania will post 1.66 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 18th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, December 15th. This represents a $0.80 annualized dividend and a dividend yield of 2.86%. Univest Co. of Pennsylvania’s dividend payout ratio is presently 52.29%.

A number of analysts have weighed in on UVSP shares. ValuEngine downgraded Univest Co. of Pennsylvania from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Keefe, Bruyette & Woods downgraded Univest Co. of Pennsylvania from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $33.00 to $32.00 in a report on Tuesday, October 3rd. Sandler O’Neill downgraded Univest Co. of Pennsylvania from a “buy” rating to a “hold” rating and set a $33.00 price target for the company. in a report on Monday, September 25th. Piper Jaffray Companies reiterated a “buy” rating and set a $33.00 price target on shares of Univest Co. of Pennsylvania in a report on Friday, October 27th. Finally, BidaskClub downgraded Univest Co. of Pennsylvania from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $32.67.

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Univest Co. 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.

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

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