Dimensional Fund Advisors LP Lowers Position in Universal Co. (NYSE:UVV)

Dimensional Fund Advisors LP lessened its holdings in shares of Universal Co. (NYSE:UVV - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,866,721 shares of the company's stock after selling 40,925 shares during the quarter. Dimensional Fund Advisors LP owned approximately 7.56% of Universal worth $102,370,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. CANADA LIFE ASSURANCE Co boosted its position in Universal by 4.9% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 22,503 shares of the company's stock worth $1,233,000 after acquiring an additional 1,060 shares during the last quarter. Jump Financial LLC boosted its holdings in shares of Universal by 29.2% during the 4th quarter. Jump Financial LLC now owns 10,696 shares of the company's stock worth $587,000 after purchasing an additional 2,419 shares during the last quarter. Guggenheim Capital LLC grew its position in shares of Universal by 13.2% in the fourth quarter. Guggenheim Capital LLC now owns 28,287 shares of the company's stock valued at $1,551,000 after purchasing an additional 3,305 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of Universal in the fourth quarter valued at approximately $480,000. Finally, Mariner LLC lifted its position in Universal by 56.2% during the fourth quarter. Mariner LLC now owns 9,362 shares of the company's stock worth $513,000 after buying an additional 3,370 shares in the last quarter. Hedge funds and other institutional investors own 81.00% of the company's stock.

Universal Trading Up 0.0 %

NYSE UVV traded up $0.02 on Thursday, reaching $58.29. 81,904 shares of the company were exchanged, compared to its average volume of 157,008. Universal Co. has a fifty-two week low of $45.19 and a fifty-two week high of $59.13. The stock has a market capitalization of $1.44 billion, a P/E ratio of 12.02 and a beta of 0.74. The business's fifty day moving average price is $54.23 and its 200 day moving average price is $53.66. The company has a current ratio of 2.60, a quick ratio of 0.96 and a debt-to-equity ratio of 0.43.

Universal (NYSE:UVV - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The company reported $2.37 earnings per share for the quarter. Universal had a net margin of 4.31% and a return on equity of 8.92%. The firm had revenue of $937.19 million for the quarter.

Universal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, April 14th will be issued a dividend of $0.81 per share. The ex-dividend date of this dividend is Monday, April 14th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 5.56%. Universal's dividend payout ratio is currently 66.67%.

About Universal

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.