Victory Capital Management Inc. Trims Holdings in Univest Corporation of Pennsylvania (UVSP)

Victory Capital Management Inc. trimmed its stake in Univest Corporation of Pennsylvania (NASDAQ:UVSP) by 9.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,400 shares of the financial services provider’s stock after selling 6,019 shares during the quarter. Victory Capital Management Inc. owned about 0.22% of Univest Corporation of Pennsylvania worth $1,901,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of UVSP. Aberdeen Asset Management PLC UK grew its holdings in Univest Corporation of Pennsylvania by 20.9% in the second quarter. Aberdeen Asset Management PLC UK now owns 2,035,854 shares of the financial services provider’s stock worth $60,974,000 after purchasing an additional 352,368 shares during the period. Bank of New York Mellon Corp grew its holdings in Univest Corporation of Pennsylvania by 149.8% in the second quarter. Bank of New York Mellon Corp now owns 501,929 shares of the financial services provider’s stock worth $15,033,000 after purchasing an additional 300,970 shares during the period. FMR LLC grew its holdings in Univest Corporation of Pennsylvania by 30.3% in the second quarter. FMR LLC now owns 1,088,107 shares of the financial services provider’s stock worth $32,589,000 after purchasing an additional 252,935 shares during the period. Dimensional Fund Advisors LP grew its holdings in Univest Corporation of Pennsylvania by 10.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,165,290 shares of the financial services provider’s stock worth $30,181,000 after purchasing an additional 113,436 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Univest Corporation of Pennsylvania by 8.4% in the first quarter. Vanguard Group Inc. now owns 1,063,838 shares of the financial services provider’s stock worth $27,552,000 after purchasing an additional 82,471 shares during the period. Institutional investors and hedge funds own 60.77% of the company’s stock.



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Univest Corporation of Pennsylvania (UVSP) opened at $29.00 on Monday. The stock has a market cap of $773.85, a PE ratio of 17.79 and a beta of 0.62. Univest Corporation of Pennsylvania has a twelve month low of $25.65 and a twelve month high of $32.35. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.57.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last issued its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). The business had revenue of $51.00 million for the quarter. Univest Corporation of Pennsylvania had a net margin of 18.71% and a return on equity of 8.35%. sell-side analysts anticipate that Univest Corporation of Pennsylvania will post 1.74 EPS for the current fiscal year.

UVSP has been the subject of a number of research reports. Piper Jaffray Companies restated a “buy” rating and issued a $33.00 price target on shares of Univest Corporation of Pennsylvania in a report on Friday, October 27th. ValuEngine upgraded shares of Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Keefe, Bruyette & Woods restated a “buy” rating and issued a $33.00 price target on shares of Univest Corporation of Pennsylvania in a report on Thursday, July 27th. BidaskClub upgraded shares of Univest Corporation of Pennsylvania from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Finally, Sandler O’Neill cut shares of Univest Corporation of Pennsylvania from a “buy” rating to a “hold” rating and set a $33.00 price objective for the company. in a report on Monday, September 25th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $32.67.

Univest Corporation of Pennsylvania 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.

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

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