Wall Street brokerages predict that Univest Corporation of Pennsylvania (NASDAQ:UVSP) will post earnings per share (EPS) of $0.44 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Univest Corporation of Pennsylvania’s earnings. Univest Corporation of Pennsylvania reported earnings of $0.35 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 25.7%. The firm is scheduled to announce its next earnings report on Wednesday, October 25th.

On average, analysts expect that Univest Corporation of Pennsylvania will report full year earnings of $1.74 per share for the current year. For the next financial year, analysts forecast that the company will report earnings of $2.05 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Univest Corporation of Pennsylvania.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last announced its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Univest Corporation of Pennsylvania had a return on equity of 8.04% and a net margin of 13.95%. The business had revenue of $51.31 million during the quarter.

A number of analysts have issued reports on UVSP shares. ValuEngine raised shares of Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $33.00 price objective on shares of Univest Corporation of Pennsylvania in a research note on Thursday, July 27th. BidaskClub raised shares of Univest Corporation of Pennsylvania from a “sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. Finally, Sandler O’Neill cut shares of Univest Corporation of Pennsylvania from a “buy” rating to a “hold” rating and set a $33.00 price objective for the company. in a research note on Monday.

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Univest Corporation of Pennsylvania (NASDAQ:UVSP) traded up 0.65% on Tuesday, hitting $30.80. The stock had a trading volume of 95,299 shares. The company has a 50-day moving average price of $29.39 and a 200-day moving average price of $28.80. Univest Corporation of Pennsylvania has a 52 week low of $22.75 and a 52 week high of $31.50. The stock has a market capitalization of $821.25 million, a price-to-earnings ratio of 27.77 and a beta of 0.70.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Wednesday, September 13th will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.80 dividend on an annualized basis and a yield of 2.54%. Univest Corporation of Pennsylvania’s payout ratio is 72.07%.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Aberdeen Asset Management PLC UK grew its position in Univest Corporation of Pennsylvania by 20.9% during the 2nd quarter. Aberdeen Asset Management PLC UK now owns 2,035,854 shares of the financial services provider’s stock worth $60,974,000 after purchasing an additional 352,368 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Univest Corporation of Pennsylvania by 5.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,229,488 shares of the financial services provider’s stock worth $36,824,000 after purchasing an additional 64,198 shares during the last quarter. FMR LLC grew its position in Univest Corporation of Pennsylvania by 30.3% during the 2nd quarter. FMR LLC now owns 1,088,107 shares of the financial services provider’s stock worth $32,589,000 after purchasing an additional 252,935 shares during the last quarter. Vanguard Group Inc. grew its position in Univest Corporation of Pennsylvania by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 1,076,894 shares of the financial services provider’s stock worth $32,253,000 after purchasing an additional 13,056 shares during the last quarter. Finally, Univest Corp of Pennsylvania grew its position in Univest Corporation of Pennsylvania by 2.9% during the 2nd quarter. Univest Corp of Pennsylvania now owns 742,747 shares of the financial services provider’s stock worth $22,245,000 after purchasing an additional 20,841 shares during the last quarter. Hedge funds and other institutional investors own 61.73% of the company’s stock.

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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