Leeward Investments LLC MA Has $10.21 Million Holdings in Univest Corporation of Pennsylvania (NASDAQ:UVSP)

Leeward Investments LLC MA lessened its position in Univest Corporation of Pennsylvania (NASDAQ:UVSP - Free Report) by 4.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 360,025 shares of the financial services provider's stock after selling 15,638 shares during the period. Leeward Investments LLC MA owned approximately 1.24% of Univest Corporation of Pennsylvania worth $10,210,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. BLB&B Advisors LLC boosted its position in shares of Univest Corporation of Pennsylvania by 6.3% during the 1st quarter. BLB&B Advisors LLC now owns 25,417 shares of the financial services provider's stock valued at $721,000 after purchasing an additional 1,500 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Univest Corporation of Pennsylvania by 10.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,751 shares of the financial services provider's stock valued at $277,000 after acquiring an additional 903 shares in the last quarter. Everhart Financial Group Inc. raised its position in shares of Univest Corporation of Pennsylvania by 2.9% in the first quarter. Everhart Financial Group Inc. now owns 28,449 shares of the financial services provider's stock valued at $807,000 after purchasing an additional 810 shares during the period. SG Americas Securities LLC increased its position in Univest Corporation of Pennsylvania by 107.7% during the first quarter. SG Americas Securities LLC now owns 20,108 shares of the financial services provider's stock worth $570,000 after acquiring an additional 10,426 shares during the period. Finally, Wedge Capital Management L L P NC increased its position in Univest Corporation of Pennsylvania by 15.3% during the first quarter. Wedge Capital Management L L P NC now owns 26,797 shares of the financial services provider's stock worth $760,000 after acquiring an additional 3,558 shares during the period. Institutional investors and hedge funds own 75.07% of the company's stock.

Univest Corporation of Pennsylvania Price Performance

NASDAQ UVSP traded down $0.69 on Monday, hitting $32.01. 115,679 shares of the company were exchanged, compared to its average volume of 110,575. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.17. Univest Corporation of Pennsylvania has a 1-year low of $21.73 and a 1-year high of $32.91. The company has a market cap of $924.45 million, a P/E ratio of 11.99 and a beta of 0.73. The firm has a 50 day moving average of $30.04 and a two-hundred day moving average of $29.40.

Univest Corporation of Pennsylvania (NASDAQ:UVSP - Get Free Report) last released its earnings results on Wednesday, April 23rd. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.13. Univest Corporation of Pennsylvania had a net margin of 15.54% and a return on equity of 8.84%. The company had revenue of $79.20 million for the quarter, compared to the consensus estimate of $77.65 million. On average, equities analysts predict that Univest Corporation of Pennsylvania will post 2.36 EPS for the current year.

Univest Corporation of Pennsylvania Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.75%. This is a boost from Univest Corporation of Pennsylvania's previous quarterly dividend of $0.21. The ex-dividend date was Wednesday, May 7th. Univest Corporation of Pennsylvania's dividend payout ratio is presently 32.96%.

Univest Corporation of Pennsylvania Company Profile

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.