Universal Corporation (NYSE:UVV) Issues Quarterly Earnings Results
Universal Corporation (NYSE:UVV) posted its quarterly earnings data on Thursday. The company reported $0.14 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Universal Corporation had a net margin of 5.13% and a return on equity of 13.96%.
Universal Corporation (NYSE:UVV) traded down 3.69% during trading on Friday, reaching $59.95. 434,142 shares of the company’s stock traded hands. The stock has a market cap of $1.52 billion, a P/E ratio of 68.12 and a beta of 1.41. The firm’s 50 day moving average price is $64.71 and its 200-day moving average price is $69.01. Universal Corporation has a one year low of $52.40 and a one year high of $83.35.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 6th. Shareholders of record on Tuesday, October 10th will be issued a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 3.60%. Universal Corporation’s payout ratio is 276.93%.
In other Universal Corporation news, CFO David C. Moore sold 6,335 shares of the business’s stock in a transaction on Monday, June 19th. The shares were sold at an average price of $66.61, for a total transaction of $421,974.35. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Preston Douglas Wigner sold 1,000 shares of the business’s stock in a transaction on Friday, June 16th. The stock was sold at an average price of $65.75, for a total transaction of $65,750.00. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by insiders.
Several equities analysts have issued reports on the stock. BidaskClub downgraded shares of Universal Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, June 23rd. TheStreet downgraded shares of Universal Corporation from an “a” rating to a “c+” rating in a report on Tuesday, May 23rd.
Universal Corporation Company Profile
Universal Corporation is a leaf tobacco supplier. The Company is engaged in procuring, financing, processing, packing, storing and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The Company’s segments include North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental and Special Services.
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