Squarepoint Ops LLC Acquires New Shares in Universal Co. (NYSE:UVV)

Squarepoint Ops LLC acquired a new position in shares of Universal Co. (NYSE:UVV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,100 shares of the company’s stock, valued at approximately $246,000.

Several other large investors have also added to or reduced their stakes in UVV. Louisiana State Employees Retirement System grew its holdings in shares of Universal by 1.6% during the second quarter. Louisiana State Employees Retirement System now owns 12,400 shares of the company’s stock worth $598,000 after purchasing an additional 200 shares in the last quarter. Keene & Associates Inc. grew its stake in Universal by 3.2% in the 2nd quarter. Keene & Associates Inc. now owns 7,005 shares of the company’s stock worth $338,000 after buying an additional 220 shares in the last quarter. AlphaMark Advisors LLC increased its holdings in shares of Universal by 41.7% in the 2nd quarter. AlphaMark Advisors LLC now owns 850 shares of the company’s stock worth $41,000 after buying an additional 250 shares during the last quarter. Texas Permanent School Fund Corp raised its position in shares of Universal by 1.4% during the 1st quarter. Texas Permanent School Fund Corp now owns 21,506 shares of the company’s stock valued at $1,112,000 after buying an additional 290 shares in the last quarter. Finally, AE Wealth Management LLC lifted its holdings in shares of Universal by 9.5% during the 2nd quarter. AE Wealth Management LLC now owns 5,400 shares of the company’s stock worth $260,000 after acquiring an additional 467 shares during the last quarter. Institutional investors own 81.00% of the company’s stock.

Universal Stock Down 0.1 %

Shares of NYSE:UVV opened at $50.60 on Friday. The firm has a market capitalization of $1.25 billion, a PE ratio of 10.41 and a beta of 0.77. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.96 and a current ratio of 2.60. Universal Co. has a 52-week low of $44.40 and a 52-week high of $67.80. The firm has a fifty day moving average of $52.40 and a 200 day moving average of $50.81.

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

Universal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 4th. Investors of record on Monday, October 14th will be given a dividend of $0.81 per share. The ex-dividend date is Friday, October 11th. This represents a $3.24 annualized dividend and a dividend yield of 6.40%. Universal’s dividend payout ratio is presently 66.67%.

Universal 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.