BidaskClub upgraded shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning.

A number of other equities analysts have also recently issued reports on UVSP. Keefe, Bruyette & Woods cut Univest Co. of Pennsylvania from an outperform rating to a market perform rating and lowered their target price for the stock from $33.00 to $32.00 in a report on Tuesday, October 3rd. Piper Jaffray Companies reiterated a buy rating and set a $33.00 target price on shares of Univest Co. of Pennsylvania in a report on Friday, October 27th. Finally, ValuEngine cut Univest Co. of Pennsylvania from a buy rating to a hold rating in a report on Wednesday, November 15th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of Hold and an average target price of $33.33.

Univest Co. of Pennsylvania (NASDAQ:UVSP) opened at $28.00 on Wednesday. The stock has a market capitalization of $821.38, a PE ratio of 17.07 and a beta of 0.60. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.00 and a current ratio of 1.00. Univest Co. of Pennsylvania has a 1-year low of $25.65 and a 1-year high of $32.35.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last released its earnings results on Wednesday, January 24th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.41. The firm had revenue of $50.86 million during the quarter. Univest Co. of Pennsylvania had a return on equity of 8.48% and a net margin of 21.95%. equities analysts forecast that Univest Co. of Pennsylvania will post 1.68 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in shares of Univest Co. of Pennsylvania by 4.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,278,172 shares of the financial services provider’s stock valued at $40,902,000 after acquiring an additional 48,684 shares in the last quarter. FMR LLC grew its holdings in shares of Univest Co. of Pennsylvania by 30.3% in the 2nd quarter. FMR LLC now owns 1,088,107 shares of the financial services provider’s stock valued at $32,589,000 after acquiring an additional 252,935 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Univest Co. of Pennsylvania by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 1,076,894 shares of the financial services provider’s stock valued at $32,253,000 after acquiring an additional 13,056 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Univest Co. of Pennsylvania by 33.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 671,101 shares of the financial services provider’s stock valued at $21,475,000 after acquiring an additional 169,172 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Univest Co. of Pennsylvania by 3.7% in the 2nd quarter. State Street Corp now owns 514,691 shares of the financial services provider’s stock valued at $15,414,000 after acquiring an additional 18,421 shares in the last quarter. Institutional investors own 58.22% of the company’s stock.

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About Univest Co. of Pennsylvania

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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