Analysts Anticipate Univest Co. of Pennsylvania (UVSP) to Announce $0.43 Earnings Per Share

Shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) have been given an average broker rating score of 1.67 (Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and two have issued a strong buy rating on the company.

Analysts have set a 12 month consensus price objective of $31.00 for the company and are expecting that the company will post $0.43 earnings per share for the current quarter, according to Zacks. Zacks has also given Univest Co. of Pennsylvania an industry rank of 17 out of 265 based on the ratings given to its competitors.

UVSP has been the topic of several research reports. Piper Jaffray Companies reiterated a “buy” rating and set a $33.00 price objective on shares of Univest Co. of Pennsylvania in a report on Friday, October 27th. ValuEngine upgraded shares of Univest Co. of Pennsylvania from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Sandler O’Neill lowered shares of Univest Co. of Pennsylvania from a “buy” rating to a “hold” rating and set a $33.00 price objective on the stock. in a report on Monday, September 25th. BidaskClub lowered shares of Univest Co. of Pennsylvania from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $34.00 target price on shares of Univest Co. of Pennsylvania in a report on Friday, December 22nd.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its holdings in shares of Univest Co. of Pennsylvania by 33.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 671,101 shares of the financial services provider’s stock worth $21,475,000 after acquiring an additional 169,172 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Univest Co. of Pennsylvania by 4.7% in the 3rd quarter. Wells Fargo & Company MN now owns 120,784 shares of the financial services provider’s stock worth $3,865,000 after acquiring an additional 5,411 shares during the last quarter. Swiss National Bank raised its holdings in shares of Univest Co. of Pennsylvania by 8.8% in the 2nd quarter. Swiss National Bank now owns 44,278 shares of the financial services provider’s stock worth $1,326,000 after acquiring an additional 3,600 shares during the last quarter. State Street Corp raised its holdings in shares of Univest Co. of Pennsylvania by 3.7% in the 2nd quarter. State Street Corp now owns 514,691 shares of the financial services provider’s stock worth $15,414,000 after acquiring an additional 18,421 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Univest Co. of Pennsylvania by 5.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,229,488 shares of the financial services provider’s stock worth $36,824,000 after acquiring an additional 64,198 shares during the last quarter. Institutional investors own 58.15% of the company’s stock.

Univest Co. of Pennsylvania (UVSP) opened at $28.30 on Wednesday. Univest Co. of Pennsylvania has a fifty-two week low of $25.65 and a fifty-two week high of $32.35. The firm has a market cap of $827.50, a PE ratio of 18.50 and a beta of 0.60. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.57.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last announced its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.02). Univest Co. of Pennsylvania had a net margin of 18.71% and a return on equity of 8.35%. The company had revenue of $51.00 million for the quarter. sell-side analysts forecast that Univest Co. of Pennsylvania will post 1.66 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Monday, December 18th were issued a $0.20 dividend. The ex-dividend date was Friday, December 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.83%. Univest Co. of Pennsylvania’s dividend payout ratio is presently 52.29%.

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About Univest Co. of Pennsylvania

Univest Corporation of Pennsylvania is the bank holding company of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Company’s business segments include Banking, Wealth Management and Insurance. The Banking segment provides financial services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.

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