Ieq Capital LLC Buys Shares of 13,056 Universal Insurance Holdings Inc $UVE

Posted by Stanley Muller on Aug 29th, 2026

Ieq Capital LLC purchased a new stake in shares of Universal Insurance Holdings Inc (NYSE:UVE – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 13,056 shares of the insurance provider’s stock, valued at approximately $540,000.

A number of other hedge funds have also modified their holdings of UVE. BlackRock Inc. acquired a new stake in Universal Insurance during the second quarter valued at $111,007,000. Vanguard Group Inc. increased its position in Universal Insurance by 2.8% in the 4th quarter. Vanguard Group Inc. now owns 2,007,725 shares of the insurance provider’s stock worth $67,861,000 after purchasing an additional 54,004 shares during the last quarter. Geode Capital Management LLC increased its position in Universal Insurance by 19.8% in the 4th quarter. Geode Capital Management LLC now owns 815,484 shares of the insurance provider’s stock worth $27,566,000 after purchasing an additional 134,805 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Universal Insurance by 9.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 805,199 shares of the insurance provider’s stock worth $19,083,000 after purchasing an additional 69,289 shares in the last quarter. Finally, Donald Smith & CO. Inc. purchased a new stake in shares of Universal Insurance during the 2nd quarter worth about $29,849,000. 66.61% of the stock is owned by institutional investors and hedge funds.

Universal Insurance Trading Up 0.4%

Universal Insurance stock opened at $43.54 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.57 and a quick ratio of 0.57. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 5.74 and a beta of 0.72. Universal Insurance Holdings Inc has a one year low of $24.09 and a one year high of $45.15. The company’s fifty day moving average price is $42.01 and its two-hundred day moving average price is $37.91.

Universal Insurance (NYSE:UVE – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The insurance provider reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.27. The company had revenue of $419.38 million during the quarter, compared to analysts’ expectations of $614.62 million. Universal Insurance had a return on equity of 37.67% and a net margin of 13.49%. On average, analysts forecast that Universal Insurance Holdings Inc will post 4.85 earnings per share for the current fiscal year.

Universal Insurance Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 31st were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, July 31st. Universal Insurance’s payout ratio is 8.44%.

Insider Transactions at Universal Insurance

In other Universal Insurance news, Chairman Sean P. Downes sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $44.27, for a total transaction of $885,400.00. Following the completion of the sale, the chairman owned 1,104,645 shares of the company’s stock, valued at $48,902,634.15. This represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 15.00% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on UVE shares. Zacks Research cut Universal Insurance from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Wall Street Zen lowered shares of Universal Insurance from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 9th. Piper Sandler lifted their target price on shares of Universal Insurance from $44.00 to $45.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Finally, Weiss Ratings raised shares of Universal Insurance from a “buy (b)” rating to a “buy (a-)” rating in a research report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Check Out Our Latest Stock Analysis on Universal Insurance

About Universal Insurance

(Free Report)

Universal Insurance Holdings, Inc (NYSE: UVE) is a property and casualty insurance holding company headquartered in Jacksonville, Florida. The company underwrites homeowners and other residential property insurance products to protect against natural catastrophes such as hurricanes, windstorms and fires. It distributes policies primarily through a network of independent agents and brokers, offering coverage for primary residences, secondary homes, condominiums, vacant dwellings and rental properties across its service territory.

In addition to personal lines, Universal provides commercial property and casualty insurance tailored to small businesses and institutional clients.