Girard Partners LTD. lowered its position in shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) by 50.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,294 shares of the financial services provider’s stock after selling 13,625 shares during the quarter. Girard Partners LTD.’s holdings in Univest Co. of Pennsylvania were worth $351,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Metropolitan Life Insurance Co. NY raised its stake in Univest Co. of Pennsylvania by 25.0% in the second quarter. Metropolitan Life Insurance Co. NY now owns 10,704 shares of the financial services provider’s stock valued at $294,000 after purchasing an additional 2,144 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Univest Co. of Pennsylvania by 26.6% in the first quarter. JPMorgan Chase & Co. now owns 10,452 shares of the financial services provider’s stock valued at $290,000 after purchasing an additional 2,195 shares in the last quarter. Univest Corp of Pennsylvania raised its stake in Univest Co. of Pennsylvania by 0.4% in the third quarter. Univest Corp of Pennsylvania now owns 584,936 shares of the financial services provider’s stock valued at $15,472,000 after purchasing an additional 2,525 shares in the last quarter. California State Teachers Retirement System raised its stake in Univest Co. of Pennsylvania by 6.3% in the first quarter. California State Teachers Retirement System now owns 43,501 shares of the financial services provider’s stock valued at $1,205,000 after purchasing an additional 2,572 shares in the last quarter. Finally, TD Asset Management Inc. raised its stake in Univest Co. of Pennsylvania by 9.7% in the second quarter. TD Asset Management Inc. now owns 35,019 shares of the financial services provider’s stock valued at $963,000 after purchasing an additional 3,100 shares in the last quarter. 65.55% of the stock is owned by institutional investors.

Shares of NASDAQ UVSP opened at $24.70 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $740.49 million, a price-to-earnings ratio of 14.70 and a beta of 0.56. Univest Co. of Pennsylvania has a 12 month low of $22.11 and a 12 month high of $31.20.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last issued its earnings results on Wednesday, October 24th. The financial services provider reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.01. The firm had revenue of $55.28 million during the quarter, compared to the consensus estimate of $54.80 million. Univest Co. of Pennsylvania had a return on equity of 8.09% and a net margin of 17.57%. On average, sell-side analysts predict that Univest Co. of Pennsylvania will post 1.61 earnings per share for the current year.

A number of research analysts recently commented on the company. ValuEngine downgraded Univest Co. of Pennsylvania from a “hold” rating to a “sell” rating in a research note on Tuesday, August 7th. Zacks Investment Research raised Univest Co. of Pennsylvania from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. Finally, BidaskClub downgraded Univest Co. of Pennsylvania from a “hold” rating to a “sell” rating in a research note on Saturday, September 15th.

WARNING: This report was reported by Daily Political and is the property of of Daily Political. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at https://www.dailypolitical.com/2018/11/21/girard-partners-ltd-reduces-stake-in-univest-co-of-pennsylvania-uvsp.html.

Univest Co. of Pennsylvania Company Profile

Univest Corporation of Pennsylvania operates as the holding company for Univest Bank and Trust Co that provides various commercial and consumer banking, and trust services to individuals, businesses, municipalities, and nonprofit organizations in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance.

See Also: What does the Dow Jones Industrial Average (DJIA) measure?

Want to see what other hedge funds are holding UVSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Univest Co. of Pennsylvania (NASDAQ:UVSP).

Institutional Ownership by Quarter for Univest Co. of Pennsylvania (NASDAQ:UVSP)

Receive News & Ratings for Univest Co. of Pennsylvania Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univest Co. of Pennsylvania and related companies with MarketBeat.com's FREE daily email newsletter.