Insight Folios Inc Grows Stake in Universal Co. (NYSE:UVV)

Insight Folios Inc grew its stake in shares of Universal Co. (NYSE:UVV) by 7.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 123,842 shares of the company’s stock after acquiring an additional 8,222 shares during the period. Universal comprises 2.3% of Insight Folios Inc’s investment portfolio, making the stock its 25th biggest position. Insight Folios Inc’s holdings in Universal were worth $6,577,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. GAMMA Investing LLC lifted its stake in Universal by 82.6% in the third quarter. GAMMA Investing LLC now owns 672 shares of the company’s stock valued at $36,000 after purchasing an additional 304 shares during the last quarter. AlphaMark Advisors LLC lifted its position in shares of Universal by 41.7% during the 2nd quarter. AlphaMark Advisors LLC now owns 850 shares of the company’s stock valued at $41,000 after buying an additional 250 shares during the last quarter. nVerses Capital LLC purchased a new position in shares of Universal during the 2nd quarter valued at $43,000. Canada Pension Plan Investment Board bought a new position in shares of Universal during the 2nd quarter worth $48,000. Finally, Blue Trust Inc. increased its holdings in Universal by 145.2% in the 2nd quarter. Blue Trust Inc. now owns 1,030 shares of the company’s stock worth $53,000 after acquiring an additional 610 shares during the last quarter. Hedge funds and other institutional investors own 81.00% of the company’s stock.

Universal Price Performance

NYSE UVV opened at $49.90 on Monday. 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 company has a market cap of $1.23 billion, a PE ratio of 10.27 and a beta of 0.77. Universal Co. has a 52 week low of $44.40 and a 52 week high of $67.80. The firm’s 50-day simple moving average is $52.18 and its two-hundred day simple moving average is $50.81.

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 company had revenue of $597.05 million during the quarter.

Universal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 4th. Investors 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 yield of 6.49%. Universal’s dividend payout ratio (DPR) is 66.67%.

Universal Company 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.