Anne Vazquez Purchases 1,250 Shares of Univest Financial Co. (NASDAQ:UVSP) Stock

Univest Financial Co. (NASDAQ:UVSP) Director Anne Vazquez bought 1,250 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were acquired at an average cost of $28.63 per share, for a total transaction of $35,787.50. Following the purchase, the director now directly owns 6,250 shares in the company, valued at $178,937.50. This represents a 25.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Univest Financial Price Performance

Shares of NASDAQ:UVSP traded up $0.56 during trading on Wednesday, reaching $29.00. The company had a trading volume of 112,356 shares, compared to its average volume of 95,332. The firm’s fifty day moving average is $29.78 and its 200 day moving average is $29.46. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market capitalization of $841.06 million, a PE ratio of 11.20 and a beta of 0.89. Univest Financial Co. has a twelve month low of $18.41 and a twelve month high of $32.75.

Univest Financial (NASDAQ:UVSP) last released its earnings results on Wednesday, January 22nd. The financial services provider reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.08. Univest Financial had a return on equity of 8.51% and a net margin of 15.17%. On average, equities analysts forecast that Univest Financial Co. will post 2.36 EPS for the current year.

Univest Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date was Wednesday, February 5th. Univest Financial’s payout ratio is currently 32.43%.

Wall Street Analyst Weigh In

Separately, Stephens reissued an “equal weight” rating and set a $31.00 price target on shares of Univest Financial in a report on Thursday, January 23rd.

Institutional Investors Weigh In On Univest Financial

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its holdings in shares of Univest Financial by 189.8% in the 4th quarter. Ameriprise Financial Inc. now owns 398,475 shares of the financial services provider’s stock worth $11,759,000 after purchasing an additional 260,990 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Univest Financial in the fourth quarter worth approximately $2,299,000. The Manufacturers Life Insurance Company increased its holdings in shares of Univest Financial by 6.7% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,204,530 shares of the financial services provider’s stock valued at $35,546,000 after buying an additional 75,964 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Univest Financial by 12.7% during the 4th quarter. American Century Companies Inc. now owns 632,354 shares of the financial services provider’s stock valued at $18,661,000 after acquiring an additional 71,265 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Univest Financial by 64.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 103,531 shares of the financial services provider’s stock worth $2,913,000 after acquiring an additional 40,545 shares in the last quarter. 75.07% of the stock is owned by institutional investors and hedge funds.

Univest Financial Company Profile

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.