Other equities analysts have also recently issued research reports about the company. BidaskClub cut Univest Financial from a “hold” rating to a “sell” rating in a report on Tuesday. Zacks Investment Research raised Univest Financial from a “sell” rating to a “hold” rating in a report on Wednesday, August 21st.
Univest Financial stock opened at $26.07 on Thursday. The business has a 50 day moving average price of $25.40 and a two-hundred day moving average price of $25.52. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.20. The stock has a market cap of $763.67 million, a price-to-earnings ratio of 12.91 and a beta of 0.78. Univest Financial has a 12 month low of $20.18 and a 12 month high of $27.80.
Institutional investors and hedge funds have recently modified their holdings of the company. New York State Teachers Retirement System acquired a new position in shares of Univest Financial in the 3rd quarter worth approximately $64,000. Meeder Asset Management Inc. bought a new stake in Univest Financial during the 2nd quarter worth approximately $77,000. SG Americas Securities LLC bought a new stake in Univest Financial during the 3rd quarter worth approximately $109,000. Hendershot Investments Inc. bought a new stake in Univest Financial during the 2nd quarter worth approximately $202,000. Finally, Russell Investments Group Ltd. grew its position in Univest Financial by 50.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 9,189 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 3,070 shares during the last quarter. 67.94% of the stock is owned by institutional investors and hedge funds.
Univest Financial Company Profile
Univest Corporation of Pennsylvania offers banking products and services. The bank offers demand deposits and interest and non-interest bearing time and savings deposits. It's deposits include jumbo deposits and retail time deposits. It provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases.
See Also: What is a good dividend yield?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Univest Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univest Financial and related companies with MarketBeat.com's FREE daily email newsletter.