Universal Co. (NYSE:UVV) Stock Position Lowered by Taylor Hoffman Capital Management LLC

Taylor Hoffman Capital Management LLC lessened its position in Universal Co. (NYSE:UVV) by 21.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 6,459 shares of the company’s stock after selling 1,713 shares during the quarter. Taylor Hoffman Capital Management LLC’s holdings in Universal were worth $354,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of UVV. Barclays PLC raised its stake in shares of Universal by 341.2% in the 3rd quarter. Barclays PLC now owns 40,565 shares of the company’s stock worth $2,155,000 after buying an additional 31,370 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Universal by 14.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 20,553 shares of the company’s stock worth $1,127,000 after acquiring an additional 2,648 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Universal by 6.5% in the 4th quarter. SG Americas Securities LLC now owns 9,166 shares of the company’s stock worth $503,000 after acquiring an additional 556 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Universal by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 14,322 shares of the company’s stock worth $785,000 after acquiring an additional 360 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Universal by 30.4% in the 4th quarter. Blue Trust Inc. now owns 3,303 shares of the company’s stock worth $175,000 after acquiring an additional 770 shares during the last quarter. Institutional investors own 81.00% of the company’s stock.

Universal Stock Performance

Shares of NYSE UVV opened at $58.69 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 2.60 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 12.08 and a beta of 0.71. The stock’s fifty day simple moving average is $55.34 and its 200 day simple moving average is $54.40. Universal Co. has a 52-week low of $45.19 and a 52-week high of $59.83.

Universal (NYSE:UVV) last issued its quarterly earnings results on Monday, April 21st. The company reported $2.37 earnings per share for the quarter. Universal had a return on equity of 8.92% and a net margin of 4.31%. The business had revenue of $937.19 million for the quarter.

Universal Profile

Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.