Universal Corporation (UVV) Receiving Somewhat Positive Press Coverage, Accern Reports
Media stories about Universal Corporation (NYSE:UVV) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Universal Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.1690205267412 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Separately, BidaskClub upgraded shares of Universal Corporation from a “strong sell” rating to a “sell” rating in a research report on Monday, August 14th.
Universal Corporation (UVV) opened at $53.80 on Friday. The company has a quick ratio of 2.18, a current ratio of 5.60 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1,380.03, a P/E ratio of 12.60 and a beta of 1.42. Universal Corporation has a twelve month low of $52.35 and a twelve month high of $83.35.
Universal Corporation (NYSE:UVV) last announced its quarterly earnings data on Tuesday, November 7th. The company reported $1.02 earnings per share for the quarter. The firm had revenue of $488.25 million during the quarter. Universal Corporation had a net margin of 5.56% and a return on equity of 14.16%.
Universal Corporation declared that its Board of Directors has authorized a share repurchase plan on Tuesday, November 7th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 5th. Investors of record on Monday, January 8th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Friday, January 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.09%. This is a boost from Universal Corporation’s previous quarterly dividend of $0.54. Universal Corporation’s payout ratio is 150.00%.
In related news, insider James A. Huffman sold 3,107 shares of Universal Corporation stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $58.35, for a total value of $181,293.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John B. Adams, Jr. sold 611 shares of Universal Corporation stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $58.45, for a total transaction of $35,712.95. The disclosure for this sale can be found here. Insiders own 2.30% of the company’s stock.
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Universal Corporation Company Profile
Universal Corporation is a leaf tobacco supplier. The Company is engaged in procuring, financing, processing, packing, storing and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The Company’s segments include North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental and Special Services.
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