Victory Capital Management Inc. Buys 28,016 Shares of Universal Co. (NYSE:UVV)

Victory Capital Management Inc. raised its stake in Universal Co. (NYSE:UVV) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 378,376 shares of the company’s stock after acquiring an additional 28,016 shares during the quarter. Victory Capital Management Inc. owned about 1.54% of Universal worth $25,472,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Exchange Traded Concepts LLC grew its stake in shares of Universal by 0.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 27,331 shares of the company’s stock valued at $1,840,000 after acquiring an additional 215 shares in the last quarter. Gladius Capital Management LP increased its holdings in shares of Universal by 57.5% during the third quarter. Gladius Capital Management LP now owns 712 shares of the company’s stock worth $34,000 after purchasing an additional 260 shares during the period. CWM LLC raised its position in shares of Universal by 71.9% in the fourth quarter. CWM LLC now owns 655 shares of the company’s stock valued at $44,000 after buying an additional 274 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Universal by 81.3% in the fourth quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $49,000 after buying an additional 325 shares during the period. Finally, HighTower Advisors LLC grew its position in Universal by 4.3% during the third quarter. HighTower Advisors LLC now owns 8,478 shares of the company’s stock worth $409,000 after buying an additional 350 shares in the last quarter. 81.00% of the stock is owned by institutional investors.

Universal Trading Up 1.0 %

Shares of Universal stock opened at $53.50 on Thursday. The firm’s 50-day moving average price is $50.64 and its two-hundred day moving average price is $54.32. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 10.08 and a beta of 0.79. The company has a quick ratio of 1.29, a current ratio of 3.22 and a debt-to-equity ratio of 0.42. Universal Co. has a 12-month low of $44.40 and a 12-month high of $67.80.

Universal (NYSE:UVV) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $2.16 earnings per share (EPS) for the quarter. Universal had a net margin of 4.98% and a return on equity of 7.46%. The business had revenue of $821.51 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com downgraded Universal from a “buy” rating to a “hold” rating in a research report on Saturday, February 10th.

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.