Boston Partners Has $15.34 Million Holdings in Universal Co. (NYSE:UVV)

Boston Partners raised its stake in Universal Co. (NYSE:UVV - Free Report) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 285,111 shares of the company's stock after acquiring an additional 15,056 shares during the quarter. Boston Partners owned about 1.15% of Universal worth $15,343,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UVV. State Street Corp increased its stake in shares of Universal by 6.3% during the third quarter. State Street Corp now owns 1,218,793 shares of the company's stock worth $64,730,000 after purchasing an additional 71,773 shares during the period. Charles Schwab Investment Management Inc. increased its position in Universal by 6.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 575,128 shares of the company's stock worth $31,540,000 after buying an additional 32,445 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Universal by 0.6% during the third quarter. Geode Capital Management LLC now owns 566,356 shares of the company's stock worth $30,085,000 after buying an additional 3,578 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Universal by 7.6% in the fourth quarter. Bank of New York Mellon Corp now owns 386,913 shares of the company's stock valued at $21,218,000 after acquiring an additional 27,480 shares during the period. Finally, Advisors Asset Management Inc. grew its stake in shares of Universal by 0.9% in the fourth quarter. Advisors Asset Management Inc. now owns 223,606 shares of the company's stock valued at $12,263,000 after acquiring an additional 1,911 shares in the last quarter. 81.00% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

Universal Stock Performance

Universal stock traded up $0.09 during midday trading on Monday, hitting $54.20. The company's stock had a trading volume of 179,738 shares, compared to its average volume of 154,939. The company has a 50-day moving average price of $53.19 and a two-hundred day moving average price of $53.25. Universal Co. has a 1-year low of $45.19 and a 1-year high of $59.13. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 11.15 and a beta of 0.79. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.60 and a quick ratio of 0.96.

Universal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, April 14th will be paid a $0.81 dividend. This represents a $3.24 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Monday, April 14th. Universal's dividend payout ratio (DPR) is currently 66.67%.

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.