Swiss National Bank Boosts Holdings in Universal Co. (NYSE:UVV)

Swiss National Bank raised its stake in shares of Universal Co. (NYSE:UVV – Get Rating) by 2.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,400 shares of the company’s stock after purchasing an additional 1,200 shares during the period. Swiss National Bank owned 0.24% of Universal worth $3,137,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UVV. Lazard Asset Management LLC lifted its holdings in Universal by 114.6% during the third quarter. Lazard Asset Management LLC now owns 880 shares of the company’s stock valued at $40,000 after purchasing an additional 470 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Universal by 155.2% during the fourth quarter. Parallel Advisors LLC now owns 832 shares of the company’s stock valued at $44,000 after purchasing an additional 506 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Universal in the second quarter worth about $60,000. PNC Financial Services Group Inc. lifted its stake in shares of Universal by 18.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,475 shares of the company’s stock worth $85,000 after buying an additional 230 shares in the last quarter. Finally, Sittner & Nelson LLC lifted its stake in shares of Universal by 98.6% in the fourth quarter. Sittner & Nelson LLC now owns 3,021 shares of the company’s stock worth $160,000 after buying an additional 1,500 shares in the last quarter. 80.02% of the stock is owned by hedge funds and other institutional investors.

Universal Trading Up 0.8 %

Shares of UVV stock opened at $53.40 on Tuesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.46 and a current ratio of 3.26. The stock has a market capitalization of $1.31 billion, a P/E ratio of 13.87 and a beta of 0.75. The company has a 50 day moving average price of $52.89 and a 200 day moving average price of $53.44. Universal Co. has a fifty-two week low of $43.64 and a fifty-two week high of $64.13.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Universal in a research note on Thursday, May 18th. They set a “hold” rating on the stock.

Universal Company Profile

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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.