Universal (UVV) Scheduled to Post Quarterly Earnings on Wednesday

Universal (NYSE:UVV – Get Rating) will issue its quarterly earnings data after the market closes on Wednesday, May 24th. Parties that wish to listen to the company’s conference call can do so using this link.

Universal Stock Performance

Shares of UVV opened at $53.00 on Monday. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 13.77 and a beta of 0.75. The company’s fifty day moving average is $52.84 and its 200-day moving average is $53.41. The company has a quick ratio of 1.46, a current ratio of 3.26 and a debt-to-equity ratio of 0.44. Universal has a 12 month low of $43.64 and a 12 month high of $64.13.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Universal in a research report on Thursday. They set a “hold” rating on the stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its position in shares of Universal by 2,841.9% in the first quarter. Envestnet Asset Management Inc. now owns 171,983 shares of the company’s stock valued at $39,000 after purchasing an additional 166,137 shares during the last quarter. State Street Corp grew its stake in shares of Universal by 8.2% in the second quarter. State Street Corp now owns 1,514,372 shares of the company’s stock worth $91,620,000 after acquiring an additional 114,160 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Universal by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,897,546 shares of the company’s stock worth $100,361,000 after acquiring an additional 48,325 shares during the period. Millennium Management LLC bought a new position in Universal during the fourth quarter worth $2,382,000. Finally, BlackRock Inc. raised its stake in Universal by 0.9% during the 1st quarter. BlackRock Inc. now owns 3,957,625 shares of the company’s stock valued at $229,820,000 after purchasing an additional 35,047 shares during the last quarter. 80.02% of the stock is owned by institutional investors.

About Universal

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Universal Corp. is a business-to-business agro-products supplier to consumer product manufacturers that sources and processes leaf tobacco and plant-based ingredients. It operates through the following segments: Tobacco Operations and Ingredients Operations. The Tobacco Operations segment includes selecting, procuring, processing, packing, storing, shipping, and financing leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products throughout the world.