BidaskClub cut shares of Univest Financial (NASDAQ:UVSP) from a hold rating to a sell rating in a report released on Thursday morning.

Separately, ValuEngine raised shares of Univest Financial from a sell rating to a hold rating in a research report on Thursday, February 28th.

Shares of Univest Financial stock opened at $23.41 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.38. Univest Financial has a 52-week low of $20.18 and a 52-week high of $30.15. The company has a market capitalization of $685.68 million, a PE ratio of 11.59 and a beta of 0.75.

Univest Financial (NASDAQ:UVSP) last issued its quarterly earnings data on Wednesday, January 23rd. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.12. Univest Financial had a net margin of 20.16% and a return on equity of 9.65%. The firm had revenue of $55.79 million for the quarter, compared to the consensus estimate of $55.10 million. On average, equities research analysts expect that Univest Financial will post 2.2 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 1st. Investors of record on Wednesday, March 13th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Tuesday, March 12th. Univest Financial’s dividend payout ratio (DPR) is presently 39.60%.

Hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC acquired a new stake in Univest Financial in the 4th quarter worth approximately $123,000. Bank of Montreal Can boosted its stake in Univest Financial by 557.2% in the 4th quarter. Bank of Montreal Can now owns 8,255 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 6,999 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its stake in Univest Financial by 330.8% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 8,466 shares of the financial services provider’s stock worth $183,000 after purchasing an additional 6,501 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in Univest Financial by 60.2% in the 4th quarter. SRS Capital Advisors Inc. now owns 9,287 shares of the financial services provider’s stock worth $200,000 after purchasing an additional 3,490 shares in the last quarter. Finally, Stone Ridge Asset Management LLC acquired a new stake in Univest Financial in the 4th quarter worth approximately $211,000. Institutional investors own 66.12% of the company’s stock.

Univest Financial Company Profile

Univest Financial Corporation operates as the holding company for Univest Bank and Trust Co that provides various commercial and consumer banking, and trust services to individuals, businesses, municipalities, and nonprofit organizations in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance.

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