Univest Co. of Pennsylvania (UVSP) Downgraded by ValuEngine to Sell

ValuEngine downgraded shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) from a hold rating to a sell rating in a research report report published on Wednesday.

A number of other equities analysts have also recently issued reports on the stock. BidaskClub raised shares of Univest Co. of Pennsylvania from a strong sell rating to a sell rating in a report on Thursday, November 1st. Zacks Investment Research cut shares of Univest Co. of Pennsylvania from a buy rating to a hold rating in a report on Thursday, October 4th.

NASDAQ UVSP traded down $0.22 during trading hours on Wednesday, reaching $25.74. The company’s stock had a trading volume of 76,277 shares, compared to its average volume of 121,197. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.39. Univest Co. of Pennsylvania has a 52 week low of $22.11 and a 52 week high of $31.20. The stock has a market capitalization of $753.39 million, a P/E ratio of 15.32 and a beta of 0.56.

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

Large investors have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new stake in shares of Univest Co. of Pennsylvania in the second quarter valued at approximately $101,000. SRS Capital Advisors Inc. acquired a new stake in shares of Univest Co. of Pennsylvania in the third quarter valued at approximately $153,000. First Capital Advisors Group LLC. acquired a new stake in shares of Univest Co. of Pennsylvania in the third quarter valued at approximately $209,000. Westbourne Investment Advisors Inc. acquired a new stake in shares of Univest Co. of Pennsylvania in the third quarter valued at approximately $254,000. Finally, UBS Group AG increased its stake in shares of Univest Co. of Pennsylvania by 78.8% in the first quarter. UBS Group AG now owns 9,990 shares of the financial services provider’s stock valued at $277,000 after purchasing an additional 4,404 shares during the period. Institutional investors own 67.00% of the company’s stock.

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.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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