Universal Co. (NYSE:UVV) Shares Acquired by Keene & Associates Inc.

Keene & Associates Inc. boosted its holdings in Universal Co. (NYSE:UVV) by 3.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,005 shares of the company’s stock after buying an additional 220 shares during the quarter. Keene & Associates Inc.’s holdings in Universal were worth $338,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of UVV. Dimensional Fund Advisors LP boosted its stake in shares of Universal by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,906,609 shares of the company’s stock worth $128,353,000 after acquiring an additional 10,875 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Universal by 1.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 483,175 shares of the company’s stock valued at $32,527,000 after purchasing an additional 5,930 shares during the last quarter. Boston Partners acquired a new position in shares of Universal in the 1st quarter valued at $12,273,000. ProShare Advisors LLC increased its stake in Universal by 17.6% in the 1st quarter. ProShare Advisors LLC now owns 161,589 shares of the company’s stock worth $8,357,000 after purchasing an additional 24,156 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in Universal by 3.8% during the 1st quarter. Principal Financial Group Inc. now owns 132,768 shares of the company’s stock worth $6,867,000 after buying an additional 4,826 shares during the period. Institutional investors own 81.00% of the company’s stock.

Universal Price Performance

UVV stock opened at $52.45 on Monday. Universal Co. has a one year low of $44.40 and a one year high of $67.80. The firm has a 50-day moving average of $51.88 and a two-hundred day moving average of $50.53. The firm has a market capitalization of $1.29 billion, a PE ratio of 11.00 and a beta of 0.78. The company has a current ratio of 2.60, a quick ratio of 0.96 and a debt-to-equity ratio of 0.43.

Universal (NYSE:UVV) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.01 earnings per share (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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 4th. Stockholders of record on Monday, October 14th will be issued a dividend of $0.81 per share. The ex-dividend date is Friday, October 11th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 6.18%. Universal’s dividend payout ratio is 67.92%.

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.