Univest Corporation of Pennsylvania (NASDAQ:UVSP) Director Natalye Paquin Purchases 580 Shares

Key Points

  • Director Natalye Paquin bought 580 shares on Feb. 2 at an average price of $34.58, increasing her holding to 29,932 shares (a 1.98% rise) worth about $1.035 million.
  • Univest declared a quarterly dividend of $0.22 per share (annualized $0.88) payable Feb. 25 with shareholders of record on Feb. 11, implying a yield of roughly 2.5%.
  • The company slightly beat estimates with Q4 EPS of $0.79 versus $0.78 and revenue of $84.57 million versus $82.54 million, while the Street consensus is a Hold rating with an average target of $35.00.

Univest Corporation of Pennsylvania (NASDAQ:UVSP - Get Free Report) Director Natalye Paquin acquired 580 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The stock was acquired at an average price of $34.58 per share, with a total value of $20,056.40. Following the acquisition, the director directly owned 29,932 shares of the company's stock, valued at approximately $1,035,048.56. This represents a 1.98% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Natalye Paquin also recently made the following trade(s):

  • On Monday, November 10th, Natalye Paquin bought 655 shares of Univest Corporation of Pennsylvania stock. The shares were acquired at an average price of $29.81 per share, for a total transaction of $19,525.55.

Univest Corporation of Pennsylvania Stock Performance

Shares of UVSP stock opened at $35.30 on Wednesday. The firm has a 50 day moving average of $33.45 and a two-hundred day moving average of $31.36. The stock has a market capitalization of $1.01 billion, a PE ratio of 11.24 and a beta of 0.69. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.14. Univest Corporation of Pennsylvania has a 52 week low of $22.83 and a 52 week high of $35.65.




Univest Corporation of Pennsylvania (NASDAQ:UVSP - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The financial services provider reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.01. The business had revenue of $84.57 million for the quarter, compared to analyst estimates of $82.54 million. Univest Corporation of Pennsylvania had a return on equity of 9.89% and a net margin of 17.51%. On average, research analysts predict that Univest Corporation of Pennsylvania will post 2.36 EPS for the current fiscal year.

Univest Corporation of Pennsylvania Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 11th will be given a $0.22 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $0.88 dividend on an annualized basis and a yield of 2.5%. Univest Corporation of Pennsylvania's dividend payout ratio (DPR) is currently 28.03%.

Wall Street Analyst Weigh In

UVSP has been the topic of several analyst reports. Keefe, Bruyette & Woods raised their target price on shares of Univest Corporation of Pennsylvania from $34.00 to $36.00 and gave the company a "market perform" rating in a report on Tuesday. Zacks Research upgraded shares of Univest Corporation of Pennsylvania to a "hold" rating in a report on Thursday, December 4th. Piper Sandler started coverage on shares of Univest Corporation of Pennsylvania in a research note on Wednesday, December 3rd. They set a "neutral" rating and a $34.00 target price for the company. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Univest Corporation of Pennsylvania in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $35.00.

Get Our Latest Analysis on UVSP

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of UVSP. State of Alaska Department of Revenue purchased a new position in shares of Univest Corporation of Pennsylvania in the 3rd quarter valued at $34,000. Russell Investments Group Ltd. acquired a new stake in shares of Univest Corporation of Pennsylvania during the second quarter worth about $42,000. Geneos Wealth Management Inc. increased its position in shares of Univest Corporation of Pennsylvania by 545.3% during the first quarter. Geneos Wealth Management Inc. now owns 2,665 shares of the financial services provider's stock worth $76,000 after purchasing an additional 2,252 shares in the last quarter. Osaic Holdings Inc. purchased a new stake in shares of Univest Corporation of Pennsylvania in the 2nd quarter valued at about $91,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Univest Corporation of Pennsylvania by 69.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,225 shares of the financial services provider's stock valued at $97,000 after purchasing an additional 1,324 shares during the period. Institutional investors and hedge funds own 75.07% of the company's stock.

About Univest Corporation of Pennsylvania

(Get Free Report)

Univest Corporation of Pennsylvania is a financial holding company headquartered in Souderton, Pennsylvania, operating through its primary subsidiary, Univest Bank and Trust Co The company offers a comprehensive range of banking services, including commercial and consumer lending, deposit products, mortgage banking, treasury and payment solutions, and wealth management services. Through its community banking model, Univest serves individuals, small to middle-market businesses, and nonprofit and public institutions.

Founded in 1893 as Souderton Industrial Savings Association, Univest has grown through a combination of organic expansion and targeted acquisitions.

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