Univest Corp. of Pennsylvania (UVSP) Reaches New 12-Month High at $22.90
Univest Corp. of Pennsylvania (NASDAQ:UVSP) shares reached a new 52-week high on Tuesday . The stock traded as high as $22.90 and last traded at $22.89, with a volume of 19,582 shares traded. The stock had previously closed at $22.55.
Separately, Piper Jaffray Cos. assumed coverage on shares of Univest Corp. of Pennsylvania in a research report on Thursday, July 14th. They set an “overweight” rating and a $24.00 price target for the company.
The firm has a market capitalization of $619.79 million and a P/E ratio of 16.78. The stock’s 50 day moving average is $21.95 and its 200 day moving average is $20.33.
Univest Corp. of Pennsylvania (NASDAQ:UVSP) last issued its quarterly earnings data on Wednesday, July 27th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.08. Equities analysts expect that Univest Corp. of Pennsylvania will post $1.54 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Wednesday, September 7th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend is Friday, September 2nd.
In other Univest Corp. of Pennsylvania news, Director Michael L. Turner sold 2,000 shares of the firm’s stock in a transaction on Friday, June 10th. The shares were 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 of the company’s stock, valued at approximately $583,145.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
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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