CNA Financial Corp Has $727,000 Stake in Universal Corporation (UVV)
CNA Financial Corp maintained its stake in shares of Universal Corporation (NYSE:UVV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,240 shares of the company’s stock at the close of the 2nd quarter. CNA Financial Corp’s holdings in Universal Corporation were worth $727,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in UVV. Hartford Investment Management Co. acquired a new stake in Universal Corporation in the 2nd quarter valued at $232,000. Trust Co. of Virginia VA increased its holdings in Universal Corporation by 4.0% in the 2nd quarter. Trust Co. of Virginia VA now owns 4,678 shares of the company’s stock valued at $302,000 after purchasing an additional 178 shares in the last quarter. SG Americas Securities LLC increased its holdings in Universal Corporation by 107.7% in the 2nd quarter. SG Americas Securities LLC now owns 6,608 shares of the company’s stock valued at $428,000 after purchasing an additional 3,427 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in Universal Corporation by 59.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 10,405 shares of the company’s stock valued at $673,000 after purchasing an additional 3,874 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in Universal Corporation by 122.2% in the 2nd quarter. Sei Investments Co. now owns 11,841 shares of the company’s stock valued at $766,000 after purchasing an additional 6,513 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.
In related news, insider James A. Huffman sold 3,107 shares of Universal Corporation stock in a transaction on Monday, August 21st. The shares were sold at an average price of $58.35, for a total value of $181,293.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO David C. Moore sold 6,335 shares of Universal Corporation stock in a transaction on Monday, June 19th. The shares were sold at an average price of $66.61, for a total transaction of $421,974.35. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,053 shares of company stock valued at $704,731. 2.30% of the stock is owned by company insiders.
Several brokerages recently issued reports on UVV. BidaskClub upgraded Universal Corporation from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. TheStreet downgraded Universal Corporation from an “a” rating to a “c+” rating in a report on Tuesday, May 23rd.
Shares of Universal Corporation (NYSE:UVV) traded up 0.09% during mid-day trading on Wednesday, reaching $57.15. The company had a trading volume of 1,710 shares. The company’s 50-day moving average is $58.94 and its 200 day moving average is $66.07. The stock has a market capitalization of $1.45 billion, a P/E ratio of 41.65 and a beta of 1.43. Universal Corporation has a 52-week low of $52.40 and a 52-week high of $83.35.
Universal Corporation (NYSE:UVV) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.14 earnings per share (EPS) for the quarter. Universal Corporation had a net margin of 5.60% and a return on equity of 14.36%. The business had revenue of $284.62 million during the quarter. Analysts anticipate that Universal Corporation will post $3.70 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 6th. Investors of record on Tuesday, October 10th will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend is Friday, October 6th. Universal Corporation’s payout ratio is presently 163.64%.
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Universal Corporation Profile
Universal Corporation is a leaf tobacco supplier. The Company is engaged in procuring, financing, processing, packing, storing and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The Company’s segments include North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental and Special Services.
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