Teachers Advisors LLC increased its stake in Univest Corporation of Pennsylvania (NASDAQ:UVSP) by 1.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,042 shares of the financial services provider’s stock after buying an additional 815 shares during the period. Teachers Advisors LLC owned about 0.18% of Univest Corporation of Pennsylvania worth $1,218,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Nationwide Fund Advisors raised its position in Univest Corporation of Pennsylvania by 71.6% in the first quarter. Nationwide Fund Advisors now owns 60,828 shares of the financial services provider’s stock valued at $1,575,000 after buying an additional 25,372 shares in the last quarter. First Manhattan Co. raised its position in Univest Corporation of Pennsylvania by 7.2% in the first quarter. First Manhattan Co. now owns 59,642 shares of the financial services provider’s stock valued at $1,393,000 after buying an additional 3,997 shares in the last quarter. Wells Fargo & Company MN raised its position in Univest Corporation of Pennsylvania by 2.1% in the first quarter. Wells Fargo & Company MN now owns 101,306 shares of the financial services provider’s stock valued at $2,624,000 after buying an additional 2,073 shares in the last quarter. LSV Asset Management raised its position in Univest Corporation of Pennsylvania by 6.7% in the first quarter. LSV Asset Management now owns 79,800 shares of the financial services provider’s stock valued at $2,066,000 after buying an additional 5,000 shares in the last quarter. Finally, Girard Partners LTD. raised its position in Univest Corporation of Pennsylvania by 39.3% in the first quarter. Girard Partners LTD. now owns 25,180 shares of the financial services provider’s stock valued at $652,000 after buying an additional 7,107 shares in the last quarter. Institutional investors and hedge funds own 61.73% of the company’s stock.

Univest Corporation of Pennsylvania (UVSP) traded up 0.9374% on Wednesday, hitting $29.3223. The stock had a trading volume of 8,887 shares. The stock’s 50 day moving average is $29.84 and its 200 day moving average is $28.68. Univest Corporation of Pennsylvania has a one year low of $22.24 and a one year high of $31.50. The stock has a market cap of $781.85 million, a price-to-earnings ratio of 26.4403 and a beta of 0.69.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last posted its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $51.31 million during the quarter. Univest Corporation of Pennsylvania had a return on equity of 8.04% and a net margin of 13.95%. Analysts anticipate that Univest Corporation of Pennsylvania will post $1.77 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Wednesday, September 13th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, September 12th. This represents a $0.80 annualized dividend and a yield of 2.75%. Univest Corporation of Pennsylvania’s dividend payout ratio (DPR) is 72.07%.

WARNING: “Teachers Advisors LLC Has $1.22 Million Stake in Univest Corporation of Pennsylvania (UVSP)” was posted by Watch List News and is the property of of Watch List News. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://www.watchlistnews.com/teachers-advisors-llc-has-1-22-million-stake-in-univest-corporation-of-pennsylvania-uvsp/1532177.html.

UVSP has been the topic of several analyst reports. ValuEngine upgraded Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub lowered Univest Corporation of Pennsylvania from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $33.00 price target on shares of Univest Corporation of Pennsylvania in a report on Thursday, July 27th.

In other Univest Corporation of Pennsylvania news, Director Michael L. Turner sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $29.80, for a total value of $59,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.62% 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.

Want to see what other hedge funds are holding UVSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Univest Corporation of Pennsylvania (NASDAQ:UVSP).

Institutional Ownership by Quarter for Univest Corporation of Pennsylvania (NASDAQ:UVSP)

Receive News & Ratings for Univest Corporation of Pennsylvania Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univest Corporation of Pennsylvania and related companies with Analyst Ratings Network's FREE daily email newsletter.