Dimensional Fund Advisors LP Has $93.54 Million Stock Holdings in Universal Co. (NYSE:UVV)

Dimensional Fund Advisors LP trimmed its position in Universal Co. (NYSE:UVV) by 0.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,941,121 shares of the company’s stock after selling 7,556 shares during the period. Dimensional Fund Advisors LP owned approximately 7.87% of Universal worth $93,542,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Boston Partners bought a new stake in shares of Universal during the first quarter valued at approximately $12,273,000. O Shaughnessy Asset Management LLC increased its stake in Universal by 183.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 53,600 shares of the company’s stock valued at $2,772,000 after purchasing an additional 34,659 shares in the last quarter. Trexquant Investment LP acquired a new position in Universal during the fourth quarter worth $1,644,000. ProShare Advisors LLC raised its holdings in Universal by 17.6% during the first quarter. ProShare Advisors LLC now owns 161,589 shares of the company’s stock worth $8,357,000 after buying an additional 24,156 shares during the last quarter. Finally, Capstone Investment Advisors LLC bought a new position in shares of Universal in the first quarter valued at $903,000. 81.00% of the stock is owned by institutional investors and hedge funds.

Universal Trading Down 0.2 %

NYSE:UVV opened at $52.44 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.60 and a quick ratio of 0.96. Universal Co. has a one year low of $44.40 and a one year high of $67.80. The company has a market cap of $1.29 billion, a PE ratio of 10.99 and a beta of 0.78. The firm has a 50-day moving average of $52.47 and a 200-day moving average of $50.68.

Universal (NYSE:UVV) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.01 EPS for the quarter. Universal had a return on equity of 8.92% and a net margin of 4.31%. The firm had revenue of $597.05 million during the quarter.

Universal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 4th. Shareholders of record on Monday, October 14th will be paid a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a yield of 6.18%. The ex-dividend date is Friday, October 11th. Universal’s dividend payout ratio (DPR) is presently 67.92%.

Universal Company Profile

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.