SRS Capital Advisors Inc. purchased a new position in Univest Co. of Pennsylvania (NASDAQ:UVSP) in the 3rd quarter, Holdings Channel reports. The fund purchased 5,797 shares of the financial services provider’s stock, valued at approximately $153,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of UVSP. Dimensional Fund Advisors LP increased its holdings in Univest Co. of Pennsylvania by 9.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,656,670 shares of the financial services provider’s stock worth $45,559,000 after acquiring an additional 137,953 shares in the last quarter. BlackRock Inc. boosted its stake in Univest Co. of Pennsylvania by 5.7% during the 2nd quarter. BlackRock Inc. now owns 2,014,895 shares of the financial services provider’s stock worth $55,409,000 after purchasing an additional 109,524 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Univest Co. of Pennsylvania by 57.8% during the 2nd quarter. Wells Fargo & Company MN now owns 278,467 shares of the financial services provider’s stock worth $7,658,000 after purchasing an additional 102,009 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Univest Co. of Pennsylvania by 15.3% during the 2nd quarter. Renaissance Technologies LLC now owns 653,689 shares of the financial services provider’s stock valued at $17,976,000 after acquiring an additional 86,800 shares during the last quarter. Finally, Citadel Advisors LLC boosted its position in shares of Univest Co. of Pennsylvania by 95.4% during the 2nd quarter. Citadel Advisors LLC now owns 159,541 shares of the financial services provider’s stock valued at $4,387,000 after acquiring an additional 77,884 shares during the last quarter. 67.00% of the stock is owned by institutional investors.

NASDAQ UVSP opened at $25.74 on Friday. Univest Co. of Pennsylvania has a 12 month low of $22.11 and a 12 month high of $31.20. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $753.39 million, a price-to-earnings ratio of 15.32 and a beta of 0.56.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last posted its earnings results on Wednesday, October 24th. The financial services provider reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.01. Univest Co. of Pennsylvania had a net margin of 17.57% and a return on equity of 8.09%. The company had revenue of $55.28 million for the quarter, compared to analysts’ expectations of $54.80 million. As a group, analysts predict that Univest Co. of Pennsylvania will post 1.61 EPS for the current fiscal year.

UVSP has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Univest Co. of Pennsylvania from a “buy” rating to a “hold” rating in a research report on Thursday, October 4th. ValuEngine cut shares of Univest Co. of Pennsylvania from a “hold” rating to a “sell” rating in a research report on Thursday, September 27th. Finally, BidaskClub cut shares of Univest Co. of Pennsylvania from a “hold” rating to a “sell” rating in a research report on Saturday, September 15th.

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About Univest Co. of Pennsylvania

Univest Corporation of Pennsylvania operates as the holding company for Univest Bank and Trust Co that provides various commercial and consumer banking, and trust services to individuals, businesses, municipalities, and nonprofit organizations in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance.

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

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