LS Investment Advisors LLC decreased its stake in Universal Insurance Holdings Inc (NYSE:UVE) by 1.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 5,052 shares of the insurance provider’s stock after selling 53 shares during the period. LS Investment Advisors LLC’s holdings in Universal Insurance Holdings were worth $127,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. boosted its position in shares of Universal Insurance Holdings by 73,456.7% in the first quarter. BlackRock Inc. now owns 4,062,534 shares of the insurance provider’s stock valued at $99,533,000 after buying an additional 4,057,011 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Universal Insurance Holdings by 77.1% in the first quarter. AQR Capital Management LLC now owns 164,567 shares of the insurance provider’s stock valued at $4,032,000 after buying an additional 71,653 shares during the last quarter. James Investment Research Inc. bought a new position in shares of Universal Insurance Holdings during the first quarter valued at approximately $1,724,000. Systematic Financial Management LP bought a new position in shares of Universal Insurance Holdings during the first quarter valued at approximately $1,594,000. Finally, Teachers Advisors LLC boosted its position in shares of Universal Insurance Holdings by 12.2% in the fourth quarter. Teachers Advisors LLC now owns 549,077 shares of the insurance provider’s stock valued at $15,594,000 after buying an additional 59,862 shares during the last quarter. 77.33% of the stock is currently owned by institutional investors and hedge funds.

Shares of Universal Insurance Holdings Inc (UVE) traded up 2.19% during trading on Friday, hitting $23.35. 186,823 shares of the stock traded hands. The firm has a 50 day moving average price of $24.44 and a 200-day moving average price of $24.91. The company has a market cap of $813.65 million, a PE ratio of 8.27 and a beta of 1.82. Universal Insurance Holdings Inc has a one year low of $18.07 and a one year high of $29.20.

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Several equities analysts have recently commented on UVE shares. ValuEngine cut shares of Universal Insurance Holdings from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 18th. BidaskClub cut shares of Universal Insurance Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th.

Universal Insurance Holdings Company Profile

Universal Insurance Holdings, Inc (UVE) is a private personal residential homeowners insurance company in Florida. The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company’s subsidiaries include Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC).

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Institutional Ownership by Quarter for Universal Insurance Holdings (NYSE:UVE)

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