Univest Co. of Pennsylvania (NASDAQ:UVSP) declared a quarterly dividend on Tuesday, December 5th, Wall Street Journal reports. Stockholders of record on Monday, December 18th will be paid a dividend of 0.20 per share by the financial services provider on Tuesday, January 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend is Friday, December 15th.

Shares of Univest Co. of Pennsylvania (NASDAQ UVSP) traded up $0.40 during mid-day trading on Tuesday, hitting $28.65. The stock had a trading volume of 135,900 shares, compared to its average volume of 92,655. Univest Co. of Pennsylvania has a one year low of $25.65 and a one year high of $32.35. The firm has a market capitalization of $818.81, a price-to-earnings ratio of 17.33 and a beta of 0.59. 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 Co. of Pennsylvania (NASDAQ:UVSP) last issued its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). Univest Co. of Pennsylvania had a return on equity of 8.35% and a net margin of 18.71%. The business had revenue of $51.00 million for the quarter. equities analysts expect that Univest Co. of Pennsylvania will post 1.66 EPS for the current fiscal year.

UVSP has been the subject of a number of recent research reports. BidaskClub lowered Univest Co. of Pennsylvania from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. ValuEngine upgraded Univest Co. of Pennsylvania from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Sandler O’Neill lowered Univest Co. of Pennsylvania from a “buy” rating to a “hold” rating and set a $33.00 target price for the company. in a research note on Monday, September 25th. Keefe, Bruyette & Woods lowered Univest Co. of Pennsylvania from an “outperform” rating to a “market perform” rating and cut their target price for the company from $33.00 to $32.00 in a research note on Tuesday, October 3rd. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $33.00 target price on shares of Univest Co. of Pennsylvania in a research note on Friday, October 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $32.67.

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About Univest Co. of Pennsylvania

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.

Dividend History for Univest Co. of Pennsylvania (NASDAQ:UVSP)

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