Univest Corp. of Pennsylvania (NASDAQ:UVSP) hit a new 52-week high during trading on Wednesday . The stock traded as high as $21.78 and last traded at $21.67, with a volume of 37,220 shares trading hands. The stock had previously closed at $21.66.

Several equities research analysts have recently commented on UVSP shares. Piper Jaffray Cos. started coverage on Univest Corp. of Pennsylvania in a report on Thursday, July 14th. They set 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 report on Tuesday, March 29th.

The company has a market capitalization of $427.43 million and a price-to-earnings ratio of 15.02. The company’s 50 day moving average is $20.67 and its 200 day moving average is $19.78.

Univest Corp. of Pennsylvania (NASDAQ:UVSP) last issued its quarterly earnings results on Wednesday, April 27th. The financial services provider reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by $0.03. On average, analysts anticipate that Univest Corp. of Pennsylvania will post $1.51 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, July 1st. Investors of record on Wednesday, June 8th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend was Monday, June 6th.

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

Several hedge funds recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its stake 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 in the last quarter. Tradition Capital Management LLC increased its stake in 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 increased its stake 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 in the last quarter. Philadelphia Trust Co. increased its stake 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 in the last quarter. Finally, Neuberger Berman Group LLC increased its stake 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 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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