Univest Co. of Pennsylvania (NASDAQ:UVSP) has earned a consensus 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 recommendation and two have given a strong buy recommendation to the company.
Brokerages have set a 1 year consensus price target of $30.50 for the company and are anticipating that the company will post $0.42 EPS for the current quarter, according to Zacks. Zacks has also assigned Univest Co. of Pennsylvania an industry rank of 57 out of 265 based on the ratings given to related companies.
UVSP has been the topic of a number of recent analyst reports. BidaskClub upgraded Univest Co. of Pennsylvania from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. ValuEngine lowered Univest Co. of Pennsylvania from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $34.00 target price on shares of Univest Co. of Pennsylvania in a research note on Friday, December 22nd.
Shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) opened at $28.05 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.00 and a quick ratio of 1.00. Univest Co. of Pennsylvania has a 52 week low of $25.65 and a 52 week high of $32.35. The firm has a market capitalization of $822.85, a price-to-earnings ratio of 16.70 and a beta of 0.60.
Univest Co. of Pennsylvania (NASDAQ:UVSP) last released its earnings results on Wednesday, January 24th. The financial services provider reported $0.41 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.41. Univest Co. of Pennsylvania had a return on equity of 8.68% and a net margin of 19.84%. The business had revenue of $50.86 million for the quarter. sell-side analysts expect that Univest Co. of Pennsylvania will post 1.85 EPS for the current year.
Several institutional investors have recently made changes to their positions in the company. MetLife Investment Advisors LLC purchased a new position in shares of Univest Co. of Pennsylvania during the fourth quarter valued at $340,000. Endeavour Capital Advisors Inc. purchased a new position in shares of Univest Co. of Pennsylvania during the fourth quarter valued at $5,024,000. Two Sigma Investments LP purchased a new position in shares of Univest Co. of Pennsylvania during the fourth quarter valued at $1,974,000. Two Sigma Advisers LP purchased a new position in shares of Univest Co. of Pennsylvania during the fourth quarter valued at $308,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Univest Co. of Pennsylvania by 30.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 9,168 shares of the financial services provider’s stock valued at $257,000 after buying an additional 2,166 shares during the period. Hedge funds and other institutional investors own 60.71% of the company’s stock.
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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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