Universal Corporation (NYSE:UVV - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $53.28 and traded as high as $53.93. Universal shares last traded at $53.5980, with a volume of 173,203 shares.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. Weiss Ratings upgraded Universal from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, April 24th. Wall Street Zen downgraded shares of Universal from a "buy" rating to a "hold" rating in a research report on Saturday, February 14th. Finally, Zacks Research raised shares of Universal from a "strong sell" rating to a "hold" rating in a report on Monday, April 13th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".
Get Our Latest Analysis on Universal
Universal Stock Performance
The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 15.81, a P/E/G ratio of 2.98 and a beta of 0.62. The company has a current ratio of 2.91, a quick ratio of 1.30 and a debt-to-equity ratio of 0.40. The firm has a fifty day simple moving average of $52.77 and a 200-day simple moving average of $53.28.
Universal (NYSE:UVV - Get Free Report) last released its earnings results on Monday, February 9th. The company reported $1.35 EPS for the quarter, missing the consensus estimate of $1.92 by ($0.57). The firm had revenue of $861.29 million during the quarter, compared to analyst estimates of $927.20 million. Universal had a net margin of 2.93% and a return on equity of 6.49%. Analysts forecast that Universal Corporation will post 4.17 EPS for the current fiscal year.
Universal Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Wednesday, April 15th will be given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Wednesday, April 15th. Universal's dividend payout ratio (DPR) is presently 96.76%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its stake in shares of Universal by 75.2% in the 4th quarter. Farther Finance Advisors LLC now owns 466 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in Universal by 1,634.4% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 555 shares of the company's stock valued at $29,000 after buying an additional 523 shares during the period. Ankerstar Wealth LLC acquired a new position in Universal in the fourth quarter valued at approximately $37,000. EverSource Wealth Advisors LLC boosted its stake in Universal by 265.0% in the second quarter. EverSource Wealth Advisors LLC now owns 719 shares of the company's stock valued at $42,000 after acquiring an additional 522 shares during the last quarter. Finally, Hilton Head Capital Partners LLC bought a new position in Universal in the fourth quarter valued at approximately $47,000. 81.00% of the stock is currently owned by institutional investors and hedge funds.
About Universal
(
Get Free Report)
Universal Corporation NYSE: UVV is a global agribusiness company primarily engaged in the procurement, processing and sale of leaf tobacco. Headquartered in Richmond, Virginia, the company sources cured leaf tobacco from key growing regions in North and South America, Africa and Asia. Universal serves major multinational tobacco manufacturers by providing a full range of services including inventory management, quality control and logistics support to ensure a consistent and reliable supply of tobacco leaf.
In addition to its core leaf tobacco operations, Universal offers integrated supply-chain services that encompass warehousing, distribution and ingredient sourcing for smokeless and novel tobacco products.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Universal, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Universal wasn't on the list.
While Universal currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
