Victory Capital Management Inc. Boosts Holdings in Universal Co. (NYSE:UVV)

Victory Capital Management Inc. grew its stake in Universal Co. (NYSE:UVV - Free Report) by 8.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 378,376 shares of the company's stock after buying an additional 28,016 shares during the period. Victory Capital Management Inc. owned approximately 1.54% of Universal worth $25,472,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC raised its stake in shares of Universal by 0.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 27,331 shares of the company's stock valued at $1,840,000 after purchasing an additional 215 shares in the last quarter. Gladius Capital Management LP grew its position in Universal by 57.5% in the third quarter. Gladius Capital Management LP now owns 712 shares of the company's stock valued at $34,000 after acquiring an additional 260 shares during the period. CWM LLC raised its stake in Universal by 71.9% during the fourth quarter. CWM LLC now owns 655 shares of the company's stock worth $44,000 after acquiring an additional 274 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Universal by 81.3% during the fourth quarter. Blue Trust Inc. now owns 725 shares of the company's stock valued at $49,000 after acquiring an additional 325 shares during the period. Finally, HighTower Advisors LLC boosted its stake in shares of Universal by 4.3% in the 3rd quarter. HighTower Advisors LLC now owns 8,478 shares of the company's stock valued at $409,000 after purchasing an additional 350 shares in the last quarter. Institutional investors own 81.00% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Universal from a "buy" rating to a "hold" rating in a research report on Saturday, February 10th.

Universal Price Performance

UVV stock traded up $0.50 during midday trading on Thursday, reaching $54.00. 116,527 shares of the company's stock traded hands, compared to its average volume of 259,353. The company has a 50-day simple moving average of $50.64 and a two-hundred day simple moving average of $54.32. The company has a quick ratio of 1.29, a current ratio of 3.22 and a debt-to-equity ratio of 0.42. Universal Co. has a 1-year low of $44.40 and a 1-year high of $67.80. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 10.11 and a beta of 0.79.

Universal (NYSE:UVV - Get Free Report) last released its quarterly earnings results on Wednesday, February 7th. The company reported $2.16 earnings per share (EPS) for the quarter. Universal had a return on equity of 7.46% and a net margin of 4.98%. The business had revenue of $821.51 million during the quarter.

Universal Company Profile

Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.