Univest Co. of Pennsylvania (UVSP) Stake Boosted by Aberdeen Asset Management PLC UK

Aberdeen Asset Management PLC UK increased its stake in Univest Co. of Pennsylvania (NASDAQ:UVSP) by 21.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,683,486 shares of the financial services provider’s stock after buying an additional 296,103 shares during the period. Aberdeen Asset Management PLC UK owned about 6.31% of Univest Co. of Pennsylvania worth $43,645,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Teachers Advisors LLC raised its position in Univest Co. of Pennsylvania by 1.9% in the fourth quarter. Teachers Advisors LLC now owns 46,227 shares of the financial services provider’s stock valued at $1,428,000 after buying an additional 873 shares during the period. Guggenheim Capital LLC raised its position in Univest Co. of Pennsylvania by 8.6% in the fourth quarter. Guggenheim Capital LLC now owns 11,673 shares of the financial services provider’s stock valued at $361,000 after buying an additional 921 shares during the period. Wells Fargo & Company MN raised its position in Univest Co. of Pennsylvania by 2.1% in the first quarter. Wells Fargo & Company MN now owns 101,306 shares of the financial services provider’s stock valued at $2,624,000 after buying an additional 2,073 shares during the period. Sei Investments Co. raised its position in Univest Co. of Pennsylvania by 236.0% in the third quarter. Sei Investments Co. now owns 5,429 shares of the financial services provider’s stock valued at $127,000 after buying an additional 3,813 shares during the period. Finally, First Manhattan Co. raised its position in Univest Co. of Pennsylvania by 7.2% in the first quarter. First Manhattan Co. now owns 59,642 shares of the financial services provider’s stock valued at $1,393,000 after buying an additional 3,997 shares during the period. 53.18% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) traded down 0.35% on Friday, hitting $28.15. The stock had a trading volume of 82,539 shares. The company has a market capitalization of $750.51 million, a price-to-earnings ratio of 30.33 and a beta of 0.73. The company has a 50-day moving average of $28.30 and a 200 day moving average of $28.18. Univest Co. of Pennsylvania has a 52 week low of $19.40 and a 52 week high of $31.50.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last issued its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by $0.01. The company had revenue of $49.25 million during the quarter. Univest Co. of Pennsylvania had a return on equity of 7.53% and a net margin of 10.68%. On average, equities research analysts predict that Univest Co. of Pennsylvania will post $1.73 EPS for the current year.

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Separately, Sandler O’Neill started coverage on Univest Co. of Pennsylvania in a research report on Wednesday, April 12th. They set a “buy” rating on the stock.

In related news, Director Michael L. Turner sold 3,000 shares of the stock in a transaction that occurred on Wednesday, March 29th. The stock was sold at an average price of $26.25, for a total transaction of $78,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.96% of the company’s stock.

Univest Co. of Pennsylvania Company Profile

Univest Corporation of Pennsylvania is the bank holding company of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Company’s business segments include Banking, Wealth Management and Insurance. The Banking segment provides financial services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.

5 Day Chart for NASDAQ:UVSP

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