Universal Co. (NYSE:UVV) Shares Purchased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. raised its position in Universal Co. (NYSE:UVV – Get Rating) by 11.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,559 shares of the company’s stock after buying an additional 1,338 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.05% of Universal worth $663,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of UVV. BlackRock Inc. boosted its stake in shares of Universal by 0.9% in the first quarter. BlackRock Inc. now owns 3,957,625 shares of the company’s stock worth $229,820,000 after acquiring an additional 35,047 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Universal by 1.0% in the third quarter. Vanguard Group Inc. now owns 2,907,688 shares of the company’s stock valued at $133,869,000 after buying an additional 28,806 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Universal by 2.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,804,983 shares of the company’s stock worth $83,103,000 after buying an additional 39,920 shares in the last quarter. State Street Corp boosted its position in Universal by 0.5% during the third quarter. State Street Corp now owns 1,521,449 shares of the company’s stock worth $70,048,000 after acquiring an additional 7,077 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Universal by 0.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 601,337 shares of the company’s stock valued at $27,685,000 after acquiring an additional 3,632 shares in the last quarter. 80.02% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Universal Stock Up 1.0 %

Shares of UVV opened at $53.92 on Wednesday. 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 $1.32 billion, a PE ratio of 14.01 and a beta of 0.75. The company’s 50-day simple moving average is $52.93 and its 200-day simple moving average is $53.44. Universal Co. has a 1 year low of $43.64 and a 1 year high of $64.13.

Universal Profile

(Get Rating)

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.