Univest Co. of Pennsylvania (UVSP) Director Charles H. Zimmerman Acquires 863 Shares

Univest Co. of Pennsylvania (NASDAQ:UVSP) Director Charles H. Zimmerman bought 863 shares of the company’s stock in a transaction on Thursday, April 12th. The shares were acquired at an average price of $27.85 per share, for a total transaction of $24,034.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Charles H. Zimmerman also recently made the following trade(s):

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  • On Thursday, October 4th, Charles H. Zimmerman bought 21 shares of Univest Co. of Pennsylvania stock. The shares were acquired at an average price of $23.05 per share, for a total transaction of $484.05.
  • On Thursday, July 5th, Charles H. Zimmerman bought 23 shares of Univest Co. of Pennsylvania stock. The shares were acquired at an average price of $20.89 per share, for a total transaction of $480.47.
  • On Wednesday, April 4th, Charles H. Zimmerman bought 25 shares of Univest Co. of Pennsylvania stock. The shares were acquired at an average price of $19.57 per share, for a total transaction of $489.25.
  • On Monday, March 26th, Charles H. Zimmerman bought 500 shares of Univest Co. of Pennsylvania stock. The shares were acquired at an average price of $27.14 per share, for a total transaction of $13,570.00.

Shares of NASDAQ:UVSP traded up $0.10 during trading on Monday, reaching $27.95. The stock had a trading volume of 75,626 shares, compared to its average volume of 120,419. Univest Co. of Pennsylvania has a one year low of $26.50 and a one year high of $32.35. The stock has a market capitalization of $817.07, a P/E ratio of 16.58 and a beta of 0.56. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 0.96.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last released its quarterly earnings results on Wednesday, January 24th. The financial services provider reported $0.41 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.41. Univest Co. of Pennsylvania had a net margin of 19.84% and a return on equity of 8.35%. The business had revenue of $50.86 million for the quarter. research analysts forecast that Univest Co. of Pennsylvania will post 1.85 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, April 2nd. Stockholders of record on Wednesday, March 14th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend was Tuesday, March 13th. Univest Co. of Pennsylvania’s dividend payout ratio is currently 47.62%.

Large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of Univest Co. of Pennsylvania in the 3rd quarter valued at about $122,000. Strs Ohio bought a new stake in shares of Univest Co. of Pennsylvania in the 4th quarter valued at about $224,000. Goldman Sachs Group Inc. boosted its holdings in shares of Univest Co. of Pennsylvania by 30.9% in the 4th 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 in the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Univest Co. of Pennsylvania in the 4th quarter valued at about $276,000. Finally, Two Sigma Advisers LP bought a new stake in shares of Univest Co. of Pennsylvania in the 4th quarter valued at about $308,000. Institutional investors and hedge funds own 66.93% of the company’s stock.

UVSP has been the topic of several recent research reports. BidaskClub upgraded shares of Univest Co. of Pennsylvania from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. ValuEngine upgraded shares of Univest Co. of Pennsylvania from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $34.00 target price on shares of Univest Co. of Pennsylvania in a report on Friday, December 22nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $33.33.

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Univest Co. of Pennsylvania Company Profile

Univest Corporation of Pennsylvania operates as the holding company for Univest Bank and Trust Co that provides various commercial and consumer banking, and trust services to individuals, businesses, municipalities, and nonprofit organizations in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance.

Insider Buying and Selling by Quarter for Univest Co. of Pennsylvania (NASDAQ:UVSP)

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