Schroder Investment Management Group lifted its holdings in Univest Corporation of Pennsylvania (NASDAQ:UVSP) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 523,984 shares of the financial services provider’s stock after acquiring an additional 19,732 shares during the period. Schroder Investment Management Group owned 1.96% of Univest Corporation of Pennsylvania worth $15,903,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. California Public Employees Retirement System boosted its stake in shares of Univest Corporation of Pennsylvania by 0.4% in the first quarter. California Public Employees Retirement System now owns 51,700 shares of the financial services provider’s stock worth $1,339,000 after acquiring an additional 200 shares during the period. Credit Suisse AG boosted its stake in shares of Univest Corporation of Pennsylvania by 1.3% in the first quarter. Credit Suisse AG now owns 44,823 shares of the financial services provider’s stock worth $1,161,000 after acquiring an additional 595 shares during the period. Geode Capital Management LLC boosted its stake in shares of Univest Corporation of Pennsylvania by 0.4% in the first quarter. Geode Capital Management LLC now owns 216,797 shares of the financial services provider’s stock worth $5,615,000 after acquiring an additional 800 shares during the period. Teachers Advisors LLC boosted its stake in shares of Univest Corporation of Pennsylvania by 1.8% in the first quarter. Teachers Advisors LLC now owns 47,042 shares of the financial services provider’s stock worth $1,218,000 after acquiring an additional 815 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Univest Corporation of Pennsylvania by 15.1% in the first quarter. Goldman Sachs Group Inc. now owns 13,428 shares of the financial services provider’s stock worth $348,000 after acquiring an additional 1,761 shares during the period. 61.73% of the stock is owned by hedge funds and other institutional investors.

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Univest Corporation of Pennsylvania (NASDAQ UVSP) opened at 29.02 on Friday. The stock has a 50 day moving average price of $29.41 and a 200-day moving average price of $28.74. The company has a market cap of $773.92 million, a price-to-earnings ratio of 26.17 and a beta of 0.70. Univest Corporation of Pennsylvania has a 1-year low of $22.24 and a 1-year high of $31.50.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last posted its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.03. Univest Corporation of Pennsylvania had a return on equity of 8.04% and a net margin of 13.95%. The company had revenue of $51.31 million for the quarter. On average, equities research analysts forecast that Univest Corporation of Pennsylvania will post $1.77 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Wednesday, September 13th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.76%. The ex-dividend date is Tuesday, September 12th. Univest Corporation of Pennsylvania’s dividend payout ratio is currently 72.07%.

A number of equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $33.00 price objective on shares of Univest Corporation of Pennsylvania in a research note on Thursday, July 27th. BidaskClub lowered Univest Corporation of Pennsylvania from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, ValuEngine raised Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a research note on Friday, September 1st.

Univest Corporation of Pennsylvania Profile

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.

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

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