BNP Paribas Financial Markets Has $704,000 Holdings in Univest Financial Co. (NASDAQ:UVSP)

BNP Paribas Financial Markets raised its stake in Univest Financial Co. (NASDAQ:UVSP - Free Report) by 94.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,840 shares of the financial services provider's stock after buying an additional 11,555 shares during the quarter. BNP Paribas Financial Markets owned about 0.08% of Univest Financial worth $704,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its holdings in shares of Univest Financial by 161.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,003 shares of the financial services provider's stock valued at $30,000 after purchasing an additional 619 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Univest Financial by 14.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,796 shares of the financial services provider's stock worth $142,000 after buying an additional 617 shares during the last quarter. State of Tennessee Department of Treasury acquired a new position in Univest Financial during the fourth quarter worth $244,000. Zacks Investment Management acquired a new position in Univest Financial during the fourth quarter worth $289,000. Finally, Trexquant Investment LP acquired a new position in Univest Financial during the fourth quarter worth $290,000. Institutional investors own 75.07% of the company's stock.

Univest Financial Stock Performance

UVSP stock traded down $0.26 during midday trading on Wednesday, reaching $29.84. 5,203 shares of the company were exchanged, compared to its average volume of 114,288. Univest Financial Co. has a one year low of $20.37 and a one year high of $32.75. The firm has a market capitalization of $861.78 million, a price-to-earnings ratio of 11.52 and a beta of 0.73. The business has a 50-day moving average price of $28.75 and a two-hundred day moving average price of $29.71. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.02 and a quick ratio of 1.02.

Univest Financial (NASDAQ:UVSP - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.77 EPS for the quarter, beating the consensus estimate of $0.64 by $0.13. Univest Financial had a net margin of 15.17% and a return on equity of 8.51%. The firm had revenue of $79.20 million for the quarter, compared to the consensus estimate of $77.65 million. Equities research analysts forecast that Univest Financial Co. will post 2.36 EPS for the current year.

Univest Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th were issued a $0.22 dividend. This is an increase from Univest Financial's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend was Wednesday, May 7th. Univest Financial's payout ratio is currently 32.96%.

Insider Buying and Selling at Univest Financial

In other Univest Financial news, Director Anne Vazquez bought 1,250 shares of Univest Financial stock in a transaction dated Wednesday, March 19th. The stock was bought at an average price of $28.63 per share, with a total value of $35,787.50. Following the completion of the transaction, the director now owns 6,250 shares in the company, valued at $178,937.50. The trade was a 25.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.70% of the company's stock.

About Univest Financial

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.