Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Universal Corp (NYSE:UVV) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,267 shares of the company’s stock, valued at approximately $348,000.

Other institutional investors and hedge funds have also modified their holdings of the company. SG Americas Securities LLC acquired a new position in shares of Universal during the first quarter valued at $122,000. Kovack Advisors Inc. acquired a new position in shares of Universal during the second quarter valued at $206,000. Summit Trail Advisors LLC increased its holdings in shares of Universal by 4,645.2% during the first quarter. Summit Trail Advisors LLC now owns 211,824 shares of the company’s stock valued at $212,000 after purchasing an additional 207,360 shares during the period. Creative Planning acquired a new position in shares of Universal during the second quarter valued at $219,000. Finally, Stevens Capital Management LP acquired a new position in shares of Universal during the first quarter valued at $237,000. 85.79% of the stock is currently owned by institutional investors.

Separately, TheStreet raised Universal from a “c+” rating to a “b” rating in a report on Friday, May 25th.

In related news, insider Theodore G. Broome sold 4,000 shares of Universal stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $64.60, for a total transaction of $258,400.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO David C. Moore sold 26,062 shares of Universal stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $64.77, for a total value of $1,688,035.74. The disclosure for this sale can be found here. 2.50% of the stock is owned by insiders.

Shares of UVV opened at $59.55 on Wednesday. The firm has a market cap of $1.49 billion, a PE ratio of 14.66 and a beta of 1.01. The company has a current ratio of 5.26, a quick ratio of 1.90 and a debt-to-equity ratio of 0.27. Universal Corp has a one year low of $45.95 and a one year high of $71.60.

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 5th. Stockholders of record on Tuesday, October 9th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date of this dividend is Friday, October 5th.

Universal Company Profile

Universal Corporation engages in the supply of leaf tobacco products worldwide. The company operates through North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental, and Special Services segments. It is involved in procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.

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Institutional Ownership by Quarter for Universal (NYSE:UVV)

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