Univest Co. of Pennsylvania (UVSP) Shares Sold by River Oaks Capital LLC

River Oaks Capital LLC lowered its holdings in shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) by 3.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,800 shares of the financial services provider’s stock after selling 3,395 shares during the quarter. Univest Co. of Pennsylvania comprises about 2.0% of River Oaks Capital LLC’s investment portfolio, making the stock its 23rd biggest position. River Oaks Capital LLC’s holdings in Univest Co. of Pennsylvania were worth $2,547,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC bought a new position in shares of Univest Co. of Pennsylvania during the 3rd quarter valued at $122,000. HighTower Advisors LLC bought a new position in Univest Co. of Pennsylvania in the 2nd quarter worth $205,000. Strs Ohio bought a new position in Univest Co. of Pennsylvania in the 4th quarter worth $224,000. Raymond James Financial Services Advisors Inc. bought a new position in Univest Co. of Pennsylvania in the 2nd quarter worth $232,000. Finally, Teacher Retirement System of Texas bought a new position in Univest Co. of Pennsylvania in the 4th quarter worth $276,000. Institutional investors and hedge funds own 60.71% of the company’s stock.

Several research analysts recently commented on the stock. BidaskClub upgraded shares of Univest Co. of Pennsylvania from a “sell” rating to a “hold” rating in a report on Wednesday, January 31st. ValuEngine upgraded shares of Univest Co. of Pennsylvania from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $34.00 price target on shares of Univest Co. of Pennsylvania in a research report on Friday, December 22nd. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $33.00 price target on shares of Univest Co. of Pennsylvania in a research report on Friday, October 27th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $33.33.

Shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) opened at $27.50 on Wednesday. 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 has a 12-month low of $25.65 and a 12-month high of $32.35. The firm has a market cap of $824.31, a PE ratio of 16.73 and a beta of 0.60.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last issued its earnings results on Wednesday, January 24th. The financial services provider reported $0.41 earnings per share for the quarter, meeting the consensus estimate of $0.41. Univest Co. of Pennsylvania had a net margin of 19.84% and a return on equity of 8.68%. The business had revenue of $50.86 million for the quarter. analysts anticipate that Univest Co. of Pennsylvania will post 1.85 earnings per share for the current year.

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Univest Co. of Pennsylvania Company Profile

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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Institutional Ownership by Quarter for Univest Co. of Pennsylvania (NASDAQ:UVSP)

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