Heritage Wealth Advisors Purchases 189 Shares of Universal Co. (NYSE:UVV)

Heritage Wealth Advisors lifted its position in shares of Universal Co. (NYSE:UVV) by 0.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,605 shares of the company’s stock after buying an additional 189 shares during the quarter. Heritage Wealth Advisors owned approximately 0.11% of Universal worth $1,459,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in UVV. Wilmington Savings Fund Society FSB bought a new position in Universal during the 3rd quarter worth about $48,000. Jones Financial Companies Lllp bought a new stake in Universal during the fourth quarter valued at about $56,000. US Bancorp DE grew its stake in Universal by 325.7% in the fourth quarter. US Bancorp DE now owns 1,758 shares of the company’s stock valued at $96,000 after purchasing an additional 1,345 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Universal in the fourth quarter worth about $111,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of Universal by 68.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,052 shares of the company’s stock valued at $167,000 after buying an additional 1,242 shares during the last quarter. Hedge funds and other institutional investors own 81.00% of the company’s stock.

Universal Stock Down 1.3 %

Shares of Universal stock opened at $53.64 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 2.60 and a debt-to-equity ratio of 0.43. The company has a market cap of $1.32 billion, a P/E ratio of 11.04 and a beta of 0.79. The firm’s 50 day moving average price is $53.26 and its 200-day moving average price is $53.26. Universal Co. has a 52-week low of $45.19 and a 52-week high of $59.13.

Universal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 14th will be paid a dividend of $0.81 per share. The ex-dividend date is Monday, April 14th. This represents a $3.24 dividend on an annualized basis and a yield of 6.04%. Universal’s payout ratio is 66.67%.

Universal 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.