Universal Co. (NYSE:UVV) insider Theodore G. Broome sold 4,000 shares of the stock in a transaction that occurred on Wednesday, June 13th. The shares were sold at an average price of $64.60, for a total value of $258,400.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Universal stock traded up $0.35 on Thursday, hitting $65.25. 3,248 shares of the company’s stock traded hands, compared to its average volume of 246,381. The stock has a market cap of $1.60 billion, a P/E ratio of 16.17 and a beta of 1.22. The company has a current ratio of 5.94, a quick ratio of 3.14 and a debt-to-equity ratio of 0.27. Universal Co. has a 52-week low of $45.95 and a 52-week high of $68.25.
Universal (NYSE:UVV) last released its earnings results on Wednesday, May 23rd. The company reported $1.20 EPS for the quarter. The company had revenue of $607.50 million during the quarter. Universal had a return on equity of 7.49% and a net margin of 5.19%. During the same quarter last year, the company posted ($1.64) earnings per share.
Several institutional investors have recently added to or reduced their stakes in the company. UBS Asset Management Americas Inc. boosted its stake in shares of Universal by 6.2% during the 4th quarter. UBS Asset Management Americas Inc. now owns 18,229 shares of the company’s stock valued at $957,000 after buying an additional 1,061 shares during the last quarter. Advisor Group Inc. lifted its stake in Universal by 31.1% during the fourth quarter. Advisor Group Inc. now owns 4,531 shares of the company’s stock worth $238,000 after purchasing an additional 1,074 shares during the last quarter. 6 Meridian lifted its stake in Universal by 15.2% during the first quarter. 6 Meridian now owns 12,068 shares of the company’s stock worth $585,000 after purchasing an additional 1,590 shares during the last quarter. Dynamic Technology Lab Private Ltd lifted its stake in Universal by 19.2% during the first quarter. Dynamic Technology Lab Private Ltd now owns 11,129 shares of the company’s stock worth $540,000 after purchasing an additional 1,794 shares during the last quarter. Finally, Swiss National Bank lifted its stake in Universal by 4.8% during the first quarter. Swiss National Bank now owns 44,100 shares of the company’s stock worth $2,139,000 after purchasing an additional 2,000 shares during the last quarter. Institutional investors own 83.18% of the company’s stock.
Separately, TheStreet upgraded Universal from a “c+” rating to a “b” rating in a research note on Friday, May 25th.
Universal Corporation engages in leaf tobacco business worldwide. It is involved in procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products. The company processes and sells flue-cured and burley tobaccos, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, pipe tobacco, and smokeless tobacco products.
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