Universal Co. (NYSE:UVV) Shares Bought by First National Trust Co

First National Trust Co raised its holdings in Universal Co. (NYSE:UVV - Free Report) by 49.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,636 shares of the company's stock after buying an additional 9,819 shares during the quarter. First National Trust Co owned about 0.12% of Universal worth $1,625,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Universal in the third quarter worth about $48,000. Jones Financial Companies Lllp purchased a new position in shares of Universal in the fourth quarter worth about $56,000. KBC Group NV raised its stake in shares of Universal by 57.8% in the third quarter. KBC Group NV now owns 1,141 shares of the company's stock worth $61,000 after purchasing an additional 418 shares during the last quarter. US Bancorp DE raised its stake in shares of Universal by 325.7% in the fourth quarter. US Bancorp DE now owns 1,758 shares of the company's stock worth $96,000 after purchasing an additional 1,345 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Universal in the fourth quarter worth about $111,000. 81.00% of the stock is currently owned by hedge funds and other institutional investors.

Universal Stock Performance

Universal stock traded down $0.07 during midday trading on Wednesday, hitting $55.73. 125,096 shares of the company were exchanged, compared to its average volume of 154,629. The firm has a market capitalization of $1.38 billion, a PE ratio of 11.47 and a beta of 0.79. Universal Co. has a fifty-two week low of $45.19 and a fifty-two week high of $59.13. The business has a fifty day simple moving average of $52.89 and a two-hundred day simple moving average of $53.22. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.96 and a current ratio of 2.60.

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Universal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, April 14th will be issued a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a yield of 5.81%. The ex-dividend date is Monday, April 14th. Universal's dividend payout ratio (DPR) is 66.67%.

Universal 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.