Media coverage about Universal Insurance (NYSE:UVE) has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Universal Insurance earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 45.7809792900662 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

A number of brokerages have issued reports on UVE. Keefe, Bruyette & Woods cut shares of Universal Insurance from an “outperform” rating to a “market perform” rating and boosted their target price for the company from $39.00 to $44.00 in a report on Friday, July 27th. ValuEngine raised shares of Universal Insurance from a “hold” rating to a “buy” rating in a report on Thursday, July 26th.

UVE stock traded down $0.60 during midday trading on Friday, reaching $44.55. 243,482 shares of the company’s stock traded hands, compared to its average volume of 233,180. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 12.16 and a beta of 1.85. Universal Insurance has a 52 week low of $15.07 and a 52 week high of $45.90. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.71 and a quick ratio of 0.71.

Universal Insurance (NYSE:UVE) last released its quarterly earnings results on Wednesday, July 25th. The insurance provider reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.25. The firm had revenue of $209.79 million for the quarter. Universal Insurance had a net margin of 16.71% and a return on equity of 29.16%.

In other news, Director Ralph J. Palmieri sold 7,800 shares of the company’s stock in a transaction on Wednesday, May 30th. The shares were sold at an average price of $36.41, for a total value of $283,998.00. Following the transaction, the director now owns 7,898 shares of the company’s stock, valued at $287,566.18. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Jon Springer sold 7,000 shares of the company’s stock in a transaction on Friday, August 10th. The stock was sold at an average price of $45.15, for a total transaction of $316,050.00. Following the completion of the transaction, the insider now owns 455,725 shares of the company’s stock, valued at $20,575,983.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 158,505 shares of company stock worth $6,426,047. Insiders own 10.60% of the company’s stock.

Universal Insurance Company Profile

Universal Insurance Holdings, Inc, together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company primarily offers personal residential homeowner's insurance. It also underwrites homeowner's multi-peril insurance; and fire, commercial multi-peril, and other liability lines of business.

Read More: Trading Penny Stocks

Insider Buying and Selling by Quarter for Universal Insurance (NYSE:UVE)

Receive News & Ratings for Universal Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Insurance and related companies with MarketBeat.com's FREE daily email newsletter.