Alliancebernstein L.P. held its position in shares of Univest Corporation of Pennsylvania (NASDAQ:UVSP) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,754 shares of the financial services provider’s stock at the close of the 2nd quarter. Alliancebernstein L.P. owned approximately 0.12% of Univest Corporation of Pennsylvania worth $921,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of UVSP. FMR LLC boosted its stake in Univest Corporation of Pennsylvania by 104.8% during the first quarter. FMR LLC now owns 835,172 shares of the financial services provider’s stock valued at $21,631,000 after buying an additional 427,338 shares during the period. Aberdeen Asset Management PLC UK boosted its stake in Univest Corporation of Pennsylvania by 20.9% during the second quarter. Aberdeen Asset Management PLC UK now owns 2,035,854 shares of the financial services provider’s stock valued at $60,974,000 after buying an additional 352,368 shares during the period. Bank of New York Mellon Corp boosted its stake in Univest Corporation of Pennsylvania by 149.8% during the second quarter. Bank of New York Mellon Corp now owns 501,929 shares of the financial services provider’s stock valued at $15,033,000 after buying an additional 300,970 shares during the period. Dimensional Fund Advisors LP boosted its stake in Univest Corporation of Pennsylvania by 10.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,165,290 shares of the financial services provider’s stock valued at $30,181,000 after buying an additional 113,436 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in Univest Corporation of Pennsylvania by 20.7% during the first quarter. Renaissance Technologies LLC now owns 497,569 shares of the financial services provider’s stock valued at $12,887,000 after buying an additional 85,480 shares during the period. 61.13% of the stock is owned by institutional investors.

Shares of Univest Corporation of Pennsylvania (NASDAQ:UVSP) opened at 29.95 on Friday. The firm’s 50-day moving average price is $30.98 and its 200 day moving average price is $29.73. Univest Corporation of Pennsylvania has a 52 week low of $22.91 and a 52 week high of $32.35. The company has a market cap of $798.59 million, a price-to-earnings ratio of 27.01 and a beta of 0.69.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.42 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.02). Univest Corporation of Pennsylvania had a net margin of 18.71% and a return on equity of 8.41%. The company had revenue of $51.00 million for the quarter. On average, equities research analysts forecast that Univest Corporation of Pennsylvania will post $1.74 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Wednesday, September 13th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Tuesday, September 12th. Univest Corporation of Pennsylvania’s dividend payout ratio (DPR) is presently 52.29%.

Several research firms recently issued reports on UVSP. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Univest Corporation of Pennsylvania in a research note on Wednesday, October 4th. Sandler O’Neill lowered Univest Corporation of Pennsylvania from a “buy” rating to a “hold” rating and set a $33.00 price objective for the company. in a research note on Monday, September 25th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $33.00 price target on shares of Univest Corporation of Pennsylvania in a research note on Friday. 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. Univest Corporation of Pennsylvania currently has an average rating of “Hold” and an average price target of $32.67.

ILLEGAL ACTIVITY WARNING: This report was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/10/29/alliancebernstein-l-p-has-921000-holdings-in-univest-corporation-of-pennsylvania-uvsp.html.

Univest Corporation of Pennsylvania Company 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.

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 & Stock 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 stocks with our FREE daily email newsletter.