Universal Co. (NYSE:UVV – Get Rating) declared a quarterly dividend on Thursday, August 4th, Wall Street Journal reports. Investors of record on Monday, October 10th will be given a dividend of 0.79 per share on Monday, November 7th. This represents a $3.16 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date of this dividend is Thursday, October 6th.
Universal Price Performance
UVV opened at $52.06 on Friday. The business has a fifty day moving average of $57.79 and a 200 day moving average of $57.14. Universal has a 52-week low of $46.24 and a 52-week high of $64.13. The company has a quick ratio of 1.41, a current ratio of 3.37 and a debt-to-equity ratio of 0.37. The stock has a market cap of $1.28 billion, a P/E ratio of 14.96 and a beta of 0.57.
Universal (NYSE:UVV – Get Rating) last issued its earnings results on Wednesday, May 25th. The company reported $1.03 earnings per share for the quarter. Universal had a return on equity of 6.85% and a net margin of 3.99%. The business had revenue of $646.97 million during the quarter.
Insider Transactions at Universal
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. increased its holdings in shares of Universal by 18.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,475 shares of the company’s stock valued at $85,000 after purchasing an additional 230 shares during the period. Great West Life Assurance Co. Can boosted its stake in shares of Universal by 2.6% in the first quarter. Great West Life Assurance Co. Can now owns 21,967 shares of the company’s stock worth $1,310,000 after buying an additional 552 shares during the last quarter. Eaton Vance Management boosted its stake in shares of Universal by 13.7% in the first quarter. Eaton Vance Management now owns 4,695 shares of the company’s stock worth $273,000 after buying an additional 564 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Universal by 10.3% in the first quarter. Bank of Montreal Can now owns 7,553 shares of the company’s stock worth $431,000 after buying an additional 703 shares during the last quarter. Finally, Citigroup Inc. boosted its stake in shares of Universal by 4.5% in the first quarter. Citigroup Inc. now owns 22,805 shares of the company’s stock worth $1,324,000 after buying an additional 974 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.
Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.
- Get a free copy of the StockNews.com research report on Universal (UVV)
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Why Apple Could Be At All-Time Highs By Year End
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
Receive News & Ratings for Universal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal and related companies with MarketBeat.com's FREE daily email newsletter.