Shares of Univest Corporation of Pennsylvania (NASDAQ:UVSP) have been assigned an average broker rating score of 1.67 (Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and two have issued a strong buy rating on the company. Univest Corporation of Pennsylvania’s rating score has declined by 67% from 90 days ago as a result of various analysts’ upgrades and downgrades.

Analysts have set a 1-year consensus price target of $31.50 for the company and are expecting that the company will post $0.46 EPS for the current quarter, according to Zacks. Zacks has also given Univest Corporation of Pennsylvania an industry rank of 124 out of 265 based on the ratings given to related companies.

Several brokerages have commented on UVSP. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Univest Corporation of Pennsylvania in a research note on Wednesday, October 4th. Sandler O’Neill downgraded Univest Corporation of Pennsylvania from a “buy” rating to a “hold” rating and set a $33.00 target price for the company. in a research report on Monday, September 25th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $33.00 target price on shares of Univest Corporation of Pennsylvania in a research report on Friday, October 27th. BidaskClub raised Univest Corporation of Pennsylvania from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, ValuEngine raised Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.

Shares of Univest Corporation of Pennsylvania (UVSP) traded down $0.25 during trading hours on Friday, reaching $28.85. The company’s stock had a trading volume of 21,033 shares, compared to its average volume of 70,026. The firm has a market capitalization of $769.83, a price-to-earnings ratio of 17.70 and a beta of 0.62. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.00 and a quick ratio of 1.00. Univest Corporation of Pennsylvania has a 12 month low of $25.65 and a 12 month high of $32.35.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last announced its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.02). The firm had revenue of $51.00 million for the quarter. Univest Corporation of Pennsylvania had a return on equity of 8.35% and a net margin of 18.71%. research analysts predict that Univest Corporation of Pennsylvania will post 1.74 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Aberdeen Asset Management PLC UK boosted its position in shares of Univest Corporation of Pennsylvania by 20.9% in the second quarter. Aberdeen Asset Management PLC UK now owns 2,035,854 shares of the financial services provider’s stock worth $60,974,000 after buying an additional 352,368 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Univest Corporation of Pennsylvania by 4.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,278,172 shares of the financial services provider’s stock valued at $40,902,000 after purchasing an additional 48,684 shares during the last quarter. FMR LLC boosted its holdings in Univest Corporation of Pennsylvania by 30.3% in the second quarter. FMR LLC now owns 1,088,107 shares of the financial services provider’s stock valued at $32,589,000 after purchasing an additional 252,935 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Univest Corporation of Pennsylvania by 1.2% in the second quarter. Vanguard Group Inc. now owns 1,076,894 shares of the financial services provider’s stock valued at $32,253,000 after purchasing an additional 13,056 shares during the last quarter. Finally, Univest Corp of Pennsylvania boosted its holdings in Univest Corporation of Pennsylvania by 2.9% in the second quarter. Univest Corp of Pennsylvania now owns 742,747 shares of the financial services provider’s stock valued at $22,245,000 after purchasing an additional 20,841 shares during the last quarter. 60.77% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “Univest Corporation of Pennsylvania (UVSP) Receives Consensus Recommendation of “Buy” from Analysts” was first reported by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The correct version of this news story can be accessed at https://www.watchlistnews.com/univest-corporation-of-pennsylvania-uvsp-receives-consensus-recommendation-of-buy-from-analysts/1727870.html.

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.

Get a free copy of the Zacks research report on Univest Corporation of Pennsylvania (UVSP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.