Shares of Univest Corp. of Pennsylvania (NASDAQ:UVSP) saw strong trading volume on Monday . 103,990 shares traded hands during trading, a decline of 2% from the previous session’s volume of 105,982 shares.The stock last traded at $20.84 and had previously closed at $20.74.

Separately, Zacks Investment Research lowered shares of Univest Corp. of Pennsylvania from a “hold” rating to a “sell” rating in a report on Tuesday, March 29th.

The firm has a 50 day moving average price of $20.39 and a 200-day moving average price of $19.73. The firm has a market cap of $407.23 million and a PE ratio of 14.31.

Univest Corp. of Pennsylvania (NASDAQ:UVSP) last issued its earnings results on Wednesday, April 27th. The financial services provider reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by $0.03. On average, equities research analysts predict that Univest Corp. of Pennsylvania will post $1.52 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Wednesday, June 8th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 6th. This represents a $0.80 dividend on an annualized basis and a yield of 3.85%.

In other Univest Corp. of Pennsylvania news, Director Michael L. Turner sold 2,000 shares of the stock in a transaction dated Friday, June 10th. The shares were sold at an average price of $20.13, for a total transaction of $40,260.00. Following the completion of the transaction, the director now owns 28,969 shares in the company, valued at $583,145.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Other institutional investors have modified their holdings of the company. Dimensional Fund Advisors LP raised its position in shares of Univest Corp. of Pennsylvania by 6.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 601,409 shares of the financial services provider’s stock worth $12,545,000 after buying an additional 33,983 shares in the last quarter. Tradition Capital Management LLC raised its position in shares of Univest Corp. of Pennsylvania by 5.1% in the fourth quarter. Tradition Capital Management LLC now owns 82,765 shares of the financial services provider’s stock worth $1,726,000 after buying an additional 4,035 shares in the last quarter. Aberdeen Asset Management PLC UK raised its position in shares of Univest Corp. of Pennsylvania by 35.2% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 383,510 shares of the financial services provider’s stock worth $7,425,000 after buying an additional 99,800 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Univest Corp. of Pennsylvania by 5.5% in the fourth quarter. Wells Fargo & Company MN now owns 98,422 shares of the financial services provider’s stock worth $2,053,000 after buying an additional 5,089 shares in the last quarter. Finally, Philadelphia Trust Co. raised its position in shares of Univest Corp. of Pennsylvania by 2.5% in the fourth quarter. Philadelphia Trust Co. now owns 369,939 shares of the financial services provider’s stock worth $7,723,000 after buying an additional 8,857 shares in the last quarter.

Univest Corporation of Pennsylvania is a bank holding company. The Company owns all of the capital stock of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Bank is engaged in the general commercial banking business and provides a range of banking and trust services to its customers.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.