JPMorgan Chase & Co. Has $4.11 Million Stock Holdings in Univest Financial Co. (NASDAQ:UVSP)

JPMorgan Chase & Co. lifted its position in shares of Univest Financial Co. (NASDAQ:UVSP - Free Report) by 34.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 139,102 shares of the financial services provider's stock after purchasing an additional 35,571 shares during the period. JPMorgan Chase & Co. owned 0.48% of Univest Financial worth $4,105,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in UVSP. Barclays PLC grew its holdings in Univest Financial by 91.3% in the 3rd quarter. Barclays PLC now owns 66,603 shares of the financial services provider's stock valued at $1,875,000 after buying an additional 31,783 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Univest Financial by 3.5% in the third quarter. Geode Capital Management LLC now owns 704,445 shares of the financial services provider's stock valued at $19,826,000 after acquiring an additional 23,770 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Univest Financial in the fourth quarter valued at about $2,299,000. American Century Companies Inc. increased its position in Univest Financial by 12.7% during the fourth quarter. American Century Companies Inc. now owns 632,354 shares of the financial services provider's stock worth $18,661,000 after acquiring an additional 71,265 shares during the period. Finally, Jane Street Group LLC raised its stake in Univest Financial by 75.8% in the 3rd quarter. Jane Street Group LLC now owns 48,782 shares of the financial services provider's stock worth $1,373,000 after purchasing an additional 21,030 shares in the last quarter. Institutional investors own 75.07% of the company's stock.

Analyst Ratings Changes

Separately, Stephens reaffirmed an "equal weight" rating and set a $31.00 target price on shares of Univest Financial in a report on Thursday, January 23rd.

Univest Financial Price Performance

Shares of UVSP traded down $0.75 during trading hours on Friday, hitting $28.64. 21,698 shares of the company were exchanged, compared to its average volume of 106,465. The company has a market cap of $830.62 million, a price-to-earnings ratio of 11.06 and a beta of 0.72. The firm's fifty day moving average is $28.31 and its 200 day moving average is $29.41. Univest Financial Co. has a fifty-two week low of $19.75 and a fifty-two week high of $32.75. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.17.

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

Univest Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.07%. This is a boost from Univest Financial's previous quarterly dividend of $0.21. The ex-dividend date is Wednesday, May 7th. Univest Financial's dividend payout ratio (DPR) is 32.43%.

Insider Buying and Selling at Univest Financial

In other Univest Financial news, Director Anne Vazquez purchased 1,250 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were bought at an average price of $28.63 per share, for a total transaction of $35,787.50. Following the purchase, the director now owns 6,250 shares in the company, valued at approximately $178,937.50. This trade represents a 25.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company 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.