Quadrature Capital Ltd Has $1.08 Million Stake in Universal Co. (NYSE:UVV)

Quadrature Capital Ltd boosted its holdings in Universal Co. (NYSE:UVV) by 17.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,089 shares of the company’s stock after purchasing an additional 2,397 shares during the quarter. Quadrature Capital Ltd owned 0.07% of Universal worth $1,083,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quadrant Capital Group LLC raised its stake in Universal by 242.0% in the 4th quarter. Quadrant Capital Group LLC now owns 383 shares of the company’s stock worth $26,000 after purchasing an additional 271 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in Universal in the 4th quarter worth about $31,000. CWM LLC raised its position in shares of Universal by 71.9% in the 4th quarter. CWM LLC now owns 655 shares of the company’s stock valued at $44,000 after buying an additional 274 shares in the last quarter. Gladius Capital Management LP raised its position in shares of Universal by 57.5% in the 3rd quarter. Gladius Capital Management LP now owns 712 shares of the company’s stock valued at $34,000 after buying an additional 260 shares in the last quarter. Finally, Blue Trust Inc. raised its position in shares of Universal by 81.3% in the 4th quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $49,000 after buying an additional 325 shares in the last quarter. Institutional investors and hedge funds own 81.00% of the company’s stock.

Universal Price Performance

Shares of NYSE:UVV opened at $46.76 on Thursday. The firm has a 50 day moving average of $50.02 and a 200-day moving average of $53.91. The stock has a market capitalization of $1.15 billion, a PE ratio of 9.80 and a beta of 0.81. The company has a current ratio of 2.96, a quick ratio of 1.18 and a debt-to-equity ratio of 0.42. Universal Co. has a 12 month low of $44.40 and a 12 month high of $67.80.

Universal (NYSE:UVV) last issued its earnings results on Wednesday, May 22nd. The company reported $1.79 EPS for the quarter. The company had revenue of $770.86 million during the quarter. Universal had a net margin of 4.35% and a return on equity of 8.81%.

Universal Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 5th. Investors of record on Monday, July 8th will be issued a dividend of $0.81 per share. The ex-dividend date of this dividend is Monday, July 8th. This is a positive change from Universal’s previous quarterly dividend of $0.80. This represents a $3.24 annualized dividend and a dividend yield of 6.93%. Universal’s payout ratio is 67.09%.

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.