Analysts predict that Univest Corporation of Pennsylvania (NASDAQ:UVSP) will announce earnings per share (EPS) of $0.39 for the current quarter, Zacks reports. Zero analysts have made estimates for Univest Corporation of Pennsylvania’s earnings. Univest Corporation of Pennsylvania reported earnings of $0.27 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 44.4%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, July 26th.

According to Zacks, analysts expect that Univest Corporation of Pennsylvania will report full-year earnings of $1.64 per share for the current fiscal year. For the next year, analysts forecast that the company will post earnings of $2.00 per share. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow Univest Corporation of Pennsylvania.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last released its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by $0.01. The business had revenue of $49.25 million for the quarter. Univest Corporation of Pennsylvania had a net margin of 11.75% and a return on equity of 7.31%.

Several research analysts recently commented on UVSP shares. ValuEngine upgraded shares of Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Sandler O’Neill started coverage on shares of Univest Corporation of Pennsylvania in a research report on Wednesday, April 12th. They set a “buy” rating on the stock.

In other Univest Corporation of Pennsylvania news, Director Michael L. Turner sold 2,000 shares of the company’s stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $29.80, for a total transaction of $59,600.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold 5,500 shares of company stock worth $153,495 over the last ninety days. Insiders own 3.62% of the company’s stock.

A number of hedge funds have recently bought and sold shares of UVSP. SG Americas Securities LLC purchased a new stake in Univest Corporation of Pennsylvania during the first quarter valued at about $181,000. Martingale Asset Management L P purchased a new stake in Univest Corporation of Pennsylvania during the fourth quarter valued at about $204,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Univest Corporation of Pennsylvania during the fourth quarter valued at about $222,000. A.R.T. Advisors LLC purchased a new stake in Univest Corporation of Pennsylvania during the fourth quarter valued at about $278,000. Finally, Goldman Sachs Group Inc. raised its stake in Univest Corporation of Pennsylvania by 15.1% in the first quarter. Goldman Sachs Group Inc. now owns 13,428 shares of the financial services provider’s stock valued at $348,000 after buying an additional 1,761 shares during the period. 61.66% of the stock is currently owned by hedge funds and other institutional investors.

Univest Corporation of Pennsylvania (NASDAQ UVSP) traded down 0.67% on Thursday, hitting $29.75. 160,086 shares of the stock were exchanged. Univest Corporation of Pennsylvania has a one year low of $19.72 and a one year high of $31.50. The company has a 50 day moving average of $29.13 and a 200 day moving average of $28.59. The stock has a market capitalization of $793.16 million, a P/E ratio of 32.06 and a beta of 0.70.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Shareholders of record on Wednesday, June 7th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.69%. The ex-dividend date is Monday, June 5th. Univest Corporation of Pennsylvania’s dividend payout ratio (DPR) is currently 85.11%.

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About Univest Corporation of Pennsylvania

Univest Corporation of Pennsylvania is the bank holding company of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Company’s business segments include Banking, Wealth Management and Insurance. The Banking segment provides financial services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.

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