Cerity Partners LLC raised its position in Universal Co. (NYSE:UVV - Free Report) by 148.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,145 shares of the company's stock after purchasing an additional 37,141 shares during the period. Cerity Partners LLC owned 0.25% of Universal worth $3,405,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new stake in Universal in the 3rd quarter valued at $48,000. Jones Financial Companies Lllp acquired a new position in Universal in the 4th quarter valued at $56,000. US Bancorp DE lifted its holdings in shares of Universal by 325.7% in the 4th quarter. US Bancorp DE now owns 1,758 shares of the company's stock valued at $96,000 after buying an additional 1,345 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Universal in the fourth quarter valued at about $111,000. Finally, PNC Financial Services Group Inc. increased its stake in Universal by 68.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,052 shares of the company's stock valued at $167,000 after purchasing an additional 1,242 shares in the last quarter. 81.00% of the stock is owned by hedge funds and other institutional investors.
Universal Price Performance
NYSE UVV traded down $0.44 during trading hours on Tuesday, reaching $51.07. The company's stock had a trading volume of 187,328 shares, compared to its average volume of 160,809. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.96 and a current ratio of 2.60. The company's 50-day moving average is $53.90 and its two-hundred day moving average is $53.47. 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 cap of $1.26 billion, a PE ratio of 10.51 and a beta of 0.74.
Universal Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 14th will be given a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a yield of 6.34%. The ex-dividend date is Monday, April 14th. Universal's payout ratio is 66.67%.
About Universal
(
Free Report)
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.
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