Univest Co. of Pennsylvania (NASDAQ:UVSP) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Friday.

Other analysts also recently issued research reports about the company. ValuEngine upgraded Univest Co. of Pennsylvania from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $34.00 price objective on shares of Univest Co. of Pennsylvania in a research report on Friday, December 22nd. Piper Jaffray Companies reiterated a “buy” rating and issued a $33.00 price objective on shares of Univest Co. of Pennsylvania in a research report on Friday, October 27th. Finally, Sandler O’Neill cut Univest Co. of Pennsylvania from a “buy” rating to a “hold” rating and set a $33.00 target price on the stock. in a research note on Monday, September 25th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $33.33.

Shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) traded up $0.50 during mid-day trading on Friday, reaching $28.30. The company’s stock had a trading volume of 166,008 shares, compared to its average volume of 136,675. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.57. Univest Co. of Pennsylvania has a 12-month low of $25.65 and a 12-month high of $32.35. The company has a market capitalization of $807.21, a P/E ratio of 18.50 and a beta of 0.60.

Univest Co. of Pennsylvania (NASDAQ:UVSP) last announced its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.42 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.02). Univest Co. of Pennsylvania had a net margin of 18.71% and a return on equity of 8.35%. The company had revenue of $51.00 million during the quarter. equities analysts forecast that Univest Co. of Pennsylvania will post 1.66 EPS for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of UVSP. Aberdeen Asset Management PLC UK increased its stake in shares of Univest Co. of Pennsylvania by 20.9% during the second quarter. Aberdeen Asset Management PLC UK now owns 2,035,854 shares of the financial services provider’s stock valued at $60,974,000 after buying an additional 352,368 shares during the period. Bank of New York Mellon Corp grew its stake in Univest Co. 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 stake in Univest Co. 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 stake in Univest Co. of Pennsylvania by 5.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,229,488 shares of the financial services provider’s stock worth $36,824,000 after purchasing an additional 64,198 shares during the period. Finally, Asset Management One Co. Ltd. purchased a new stake in Univest Co. of Pennsylvania in the third quarter worth $1,652,000. 58.15% of the stock is currently owned by hedge funds and other institutional investors.

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Univest Co. of Pennsylvania Company 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.

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