Centiva Capital LP Increases Holdings in Universal Co. (NYSE:UVV)

Centiva Capital LP lifted its position in Universal Co. (NYSE:UVV) by 40.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,883 shares of the company’s stock after purchasing an additional 1,990 shares during the quarter. Centiva Capital LP’s holdings in Universal were worth $377,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Sterling Capital Management LLC raised its stake in shares of Universal by 828.9% in the fourth quarter. Sterling Capital Management LLC now owns 771 shares of the company’s stock worth $42,000 after purchasing an additional 688 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in Universal during the fourth quarter valued at approximately $56,000. US Bancorp DE raised its position in Universal by 325.7% during the fourth quarter. US Bancorp DE now owns 1,758 shares of the company’s stock valued at $96,000 after acquiring an additional 1,345 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Universal during the fourth quarter valued at approximately $111,000. Finally, PNC Financial Services Group Inc. raised its position in 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 acquiring an additional 1,242 shares in the last quarter. 81.00% of the stock is currently owned by hedge funds and other institutional investors.

Universal Stock Down 0.6%

Shares of UVV stock opened at $58.09 on Monday. The stock has a 50 day moving average of $54.93 and a 200 day moving average of $54.10. The company has a current ratio of 2.60, a quick ratio of 0.96 and a debt-to-equity ratio of 0.43. The stock has a market cap of $1.44 billion, a P/E ratio of 11.95 and a beta of 0.71. Universal Co. has a twelve month low of $45.19 and a twelve month high of $59.83.

Universal (NYSE:UVV) last announced its quarterly earnings results on Monday, April 21st. The company reported $2.37 earnings per share for the quarter. The company had revenue of $937.19 million during the quarter. Universal had a return on equity of 8.92% and a net margin of 4.31%.

About Universal

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.