TrueMark Investments LLC Makes New $1.63 Million Investment in Universal Co. (NYSE:UVV)

TrueMark Investments LLC bought a new position in Universal Co. (NYSE:UVV) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 29,729 shares of the company’s stock, valued at approximately $1,630,000. TrueMark Investments LLC owned 0.12% of Universal at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. State Street Corp boosted its position in Universal by 6.3% during the 3rd quarter. State Street Corp now owns 1,218,793 shares of the company’s stock valued at $64,730,000 after acquiring an additional 71,773 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Universal by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 2,913,551 shares of the company’s stock valued at $159,779,000 after purchasing an additional 38,940 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Universal by 6.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 575,128 shares of the company’s stock valued at $31,540,000 after purchasing an additional 32,445 shares in the last quarter. Barclays PLC grew its stake in Universal by 341.2% in the third quarter. Barclays PLC now owns 40,565 shares of the company’s stock worth $2,155,000 after purchasing an additional 31,370 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Universal by 7.6% in the fourth quarter. Bank of New York Mellon Corp now owns 386,913 shares of the company’s stock worth $21,218,000 after purchasing an additional 27,480 shares in the last quarter. Institutional investors own 81.00% of the company’s stock.

Universal Stock Performance

Shares of UVV stock opened at $53.64 on Wednesday. The company’s fifty day moving average price is $53.26 and its 200-day moving average price is $53.26. The stock has a market cap of $1.32 billion, a PE ratio of 11.04 and a beta of 0.79. The company has a current ratio of 2.60, a quick ratio of 0.96 and a debt-to-equity ratio of 0.43. Universal Co. has a 12 month low of $45.19 and a 12 month high of $59.13.

Universal Dividend Announcement

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

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.