Shares of Univest Corp. of Pennsylvania (NASDAQ:UVSP) 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 recently issued reports on UVSP shares. Piper Jaffray Cos. started coverage on Univest Corp. of Pennsylvania in a research report on Thursday. They issued an “overweight” rating and a $24.00 price target on the stock. Zacks Investment Research cut Univest Corp. of Pennsylvania from a “hold” rating to a “sell” rating in a research report on Tuesday, March 29th.

The stock’s 50-day moving average is $20.55 and its 200 day moving average is $19.76. The company has a market cap of $424.10 million and a PE ratio of 14.90.

Univest Corp. of Pennsylvania (NASDAQ:UVSP) last announced its earnings results on Wednesday, April 27th. The financial services provider reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.03. On average, equities analysts expect 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. Stockholders of record on Wednesday, June 8th were paid a dividend of $0.20 per share. The ex-dividend date was Monday, June 6th. This represents a $0.80 annualized dividend and a dividend yield of 3.70%.

In other news, Director Michael L. Turner sold 2,000 shares of the firm’s 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 completion of the sale, the director now directly owns 28,969 shares in the company, valued at $583,145.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Several hedge funds have made changes to their positions in the stock. Neuberger Berman Group LLC increased its stake in shares of 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 valued at $4,705,000 after buying an additional 21,400 shares in the last quarter. LSV Asset Management increased its stake in shares of 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 valued at $5,615,000 after buying an additional 12,563 shares in the last quarter. Philadelphia Trust Co. increased its stake 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 valued at $7,723,000 after buying an additional 8,857 shares in the last quarter. Aberdeen Asset Management PLC UK increased its stake 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 valued at $7,425,000 after buying an additional 99,800 shares in the last quarter. Finally, Tradition Capital Management LLC increased its stake 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 valued at $1,726,000 after buying an additional 4,035 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.

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