Leeward Investments LLC MA Has $11.09 Million Stock Holdings in Univest Financial Co. (NASDAQ:UVSP)

Leeward Investments LLC MA lessened its holdings in Univest Financial Co. (NASDAQ:UVSP) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 375,663 shares of the financial services provider’s stock after selling 27,913 shares during the quarter. Leeward Investments LLC MA owned 1.29% of Univest Financial worth $11,086,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of UVSP. Capital Performance Advisors LLP bought a new position in shares of Univest Financial in the 3rd quarter valued at $25,000. International Assets Investment Management LLC lifted its stake in shares of Univest Financial by 2,713.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,463 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 1,411 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Univest Financial in the 3rd quarter valued at $79,000. Centiva Capital LP bought a new position in shares of Univest Financial in the 3rd quarter valued at $209,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Univest Financial in the 3rd quarter valued at $239,000. Institutional investors and hedge funds own 75.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Stephens reiterated an “equal weight” rating and issued a $31.00 price target on shares of Univest Financial in a research note on Thursday, January 23rd.

Univest Financial Stock Down 2.0 %

Shares of NASDAQ:UVSP opened at $29.64 on Friday. The firm has a market cap of $860.75 million, a P/E ratio of 11.44 and a beta of 0.89. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.17. Univest Financial Co. has a 12-month low of $18.41 and a 12-month high of $32.75. The business has a fifty day simple moving average of $30.03 and a 200 day simple moving average of $29.17.

Univest Financial (NASDAQ:UVSP) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.08. Univest Financial had a return on equity of 8.51% and a net margin of 15.17%. Analysts predict that Univest Financial Co. will post 2.36 earnings per share for the current year.

Univest Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.83%. The ex-dividend date was Wednesday, February 5th. Univest Financial’s dividend payout ratio is currently 32.43%.

Univest Financial Profile

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.