Universal Co. (NYSE:UVV) Shares Bought by SteelPeak Wealth LLC

SteelPeak Wealth LLC grew its stake in shares of Universal Co. (NYSE:UVV) by 6.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,648 shares of the company’s stock after purchasing an additional 286 shares during the period. SteelPeak Wealth LLC’s holdings in Universal were worth $247,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in UVV. BNP Paribas Financial Markets boosted its position in shares of Universal by 80.1% during the 1st quarter. BNP Paribas Financial Markets now owns 12,034 shares of the company’s stock worth $622,000 after purchasing an additional 5,352 shares in the last quarter. Capstone Investment Advisors LLC purchased a new stake in shares of Universal during the 1st quarter worth $903,000. Daiwa Securities Group Inc. boosted its position in shares of Universal by 76.0% during the 1st quarter. Daiwa Securities Group Inc. now owns 6,417 shares of the company’s stock worth $332,000 after purchasing an additional 2,771 shares in the last quarter. Texas Permanent School Fund Corp boosted its position in shares of Universal by 1.4% during the 1st quarter. Texas Permanent School Fund Corp now owns 21,506 shares of the company’s stock worth $1,112,000 after purchasing an additional 290 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Universal during the 1st quarter worth $534,000. 81.00% of the stock is currently owned by hedge funds and other institutional investors.

Universal Price Performance

Shares of NYSE UVV opened at $51.10 on Friday. Universal Co. has a one year low of $44.80 and a one year high of $67.80. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.96 and a current ratio of 2.60. The company’s fifty day moving average is $51.93 and its two-hundred day moving average is $50.84. The firm has a market capitalization of $1.26 billion, a P/E ratio of 10.51 and a beta of 0.77.

Universal (NYSE:UVV) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.01 EPS for the quarter. Universal had a net margin of 4.31% and a return on equity of 8.92%. The business had revenue of $597.05 million for the quarter.

Universal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 4th. Investors of record on Monday, October 14th will be given a $0.81 dividend. The ex-dividend date of this dividend is Friday, October 11th. This represents a $3.24 annualized dividend and a dividend yield of 6.34%. Universal’s dividend payout ratio is presently 66.67%.

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.