News headlines about Universal Insurance (NYSE:UVE) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Universal Insurance earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 46.2855980103983 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern’s rankings:

Shares of UVE traded up $0.60 during mid-day trading on Friday, hitting $46.15. 234,468 shares of the company’s stock were exchanged, compared to its average volume of 182,517. The stock has a market capitalization of $1.59 billion, a PE ratio of 12.24 and a beta of 1.79. Universal Insurance has a fifty-two week low of $15.07 and a fifty-two week high of $46.26. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.71 and a current ratio of 0.71.

Universal Insurance (NYSE:UVE) last issued its quarterly earnings results on Wednesday, July 25th. The insurance provider reported $1.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.25. The business had revenue of $209.79 million for the quarter. Universal Insurance had a net margin of 16.71% and a return on equity of 29.16%.

Several research analysts have weighed in on UVE shares. Keefe, Bruyette & Woods lowered shares of Universal Insurance from an “outperform” rating to a “market perform” rating and increased their target price for the stock from $39.00 to $44.00 in a research note on Friday, July 27th. ValuEngine raised shares of Universal Insurance from a “hold” rating to a “buy” rating in a research note on Thursday, July 26th.

In other news, Director Michael Pietrangelo sold 10,000 shares of the stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of $44.53, for a total transaction of $445,300.00. Following the sale, the director now owns 70,763 shares of the company’s stock, valued at $3,151,076.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jon Springer sold 7,000 shares of the stock in a transaction dated Tuesday, July 10th. The stock was sold at an average price of $35.52, for a total transaction of $248,640.00. Following the sale, the insider now directly owns 489,725 shares in the company, valued at approximately $17,395,032. The disclosure for this sale can be found here. Insiders have sold 150,705 shares of company stock worth $6,329,449 in the last three months. Corporate insiders own 10.60% of the company’s stock.

Universal Insurance Company Profile

Universal Insurance Holdings, Inc, together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company primarily offers personal residential homeowner's insurance. It also underwrites homeowner's multi-peril insurance; and fire, commercial multi-peril, and other liability lines of business.

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Insider Buying and Selling by Quarter for Universal Insurance (NYSE:UVE)

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