Endeavour Capital Advisors Inc. Has $7.14 Million Stake in Univest Financial Co. (NASDAQ:UVSP)

Endeavour Capital Advisors Inc. trimmed its position in shares of Univest Financial Co. (NASDAQ:UVSP) by 11.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 242,084 shares of the financial services provider’s stock after selling 31,105 shares during the quarter. Univest Financial accounts for approximately 2.3% of Endeavour Capital Advisors Inc.’s investment portfolio, making the stock its 16th largest holding. Endeavour Capital Advisors Inc.’s holdings in Univest Financial were worth $7,144,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Univest Financial in the third quarter valued at approximately $79,000. PNC Financial Services Group Inc. raised its stake in Univest Financial by 14.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,796 shares of the financial services provider’s stock worth $142,000 after buying an additional 617 shares during the period. Centiva Capital LP bought a new position in shares of Univest Financial during the 3rd quarter valued at about $209,000. Trexquant Investment LP acquired a new position in shares of Univest Financial in the fourth quarter valued at approximately $290,000. Finally, AlphaQuest LLC increased its holdings in Univest Financial by 93.1% during the 4th quarter. AlphaQuest LLC now owns 14,571 shares of the financial services provider’s stock worth $430,000 after purchasing an additional 7,024 shares in the last quarter. 75.07% of the stock is currently owned by institutional investors.

Univest Financial Stock Performance

NASDAQ UVSP opened at $28.73 on Wednesday. The firm has a market capitalization of $833.23 million, a P/E ratio of 11.09 and a beta of 0.89. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.17. The firm’s fifty day moving average price is $29.78 and its two-hundred day moving average price is $29.53. Univest Financial Co. has a 1 year low of $18.41 and a 1 year high of $32.75.

Univest Financial (NASDAQ:UVSP) last issued its earnings results on Wednesday, January 22nd. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.08. Univest Financial had a net margin of 15.17% and a return on equity of 8.51%. As a group, research analysts anticipate that Univest Financial Co. will post 2.36 EPS for the current year.

Univest Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were given a $0.21 dividend. The ex-dividend date was Wednesday, February 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.92%. Univest Financial’s payout ratio is 32.43%.

Analyst Upgrades and Downgrades

Separately, Stephens reaffirmed an “equal weight” rating and set a $31.00 price target on shares of Univest Financial in a research report on Thursday, January 23rd.

Insider Transactions at Univest Financial

In other Univest Financial news, Director Anne Vazquez purchased 1,250 shares of the business’s stock in a transaction on Wednesday, March 19th. The stock was acquired at an average price of $28.63 per share, with a total value of $35,787.50. Following the acquisition, the director now directly owns 6,250 shares of the company’s stock, valued at $178,937.50. This trade represents a 25.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.70% of the stock is currently owned by corporate insiders.

About Univest Financial

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.