Univest Corp. of Pennsylvania (NASDAQ:UVSP)’s share price reached a new 52-week high on Thursday . The stock traded as high as $21.39 and last traded at $21.39, with a volume of 84,301 shares changing hands. The stock had previously closed at $20.80.

Several equities analysts have weighed in on the company. Piper Jaffray Cos. assumed coverage on Univest Corp. of Pennsylvania in a research report on Thursday. They issued an “overweight” rating and a $24.00 target price for the company. Zacks Investment Research downgraded Univest Corp. of Pennsylvania from a “hold” rating to a “sell” rating in a research report on Tuesday, March 29th.

The company has a 50-day moving average price of $20.46 and a 200 day moving average price of $19.75. The company has a market capitalization of $416.45 million and a price-to-earnings ratio of 14.63.

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

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

In related news, Director Michael L. Turner sold 2,000 shares of the stock in a transaction dated Friday, June 10th. The stock was sold at an average price of $20.13, for a total transaction of $40,260.00. Following the transaction, the director now directly owns 28,969 shares in the company, valued at $583,145.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Several institutional investors have recently added to or reduced their stakes in the company. Aberdeen Asset Management PLC UK increased its position in 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 during the period. Dimensional Fund Advisors LP increased its position in 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 during the period. Neuberger Berman Group LLC increased its position in Univest Corp. of Pennsylvania by 10.5% in the fourth quarter. Neuberger Berman Group LLC now owns 225,540 shares of the financial services provider’s stock worth $4,705,000 after buying an additional 21,400 shares during the period. LSV Asset Management increased its position in Univest Corp. of Pennsylvania by 4.9% in the fourth quarter. LSV Asset Management now owns 269,200 shares of the financial services provider’s stock worth $5,615,000 after buying an additional 12,563 shares during the period. Finally, Philadelphia Trust Co. increased its position in 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 during the period.

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.

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