Janney Montgomery Scott LLC Has $730,000 Stake in Univest Financial Co. (NASDAQ:UVSP)

Janney Montgomery Scott LLC grew its stake in Univest Financial Co. (NASDAQ:UVSP) by 2.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,724 shares of the financial services provider’s stock after buying an additional 488 shares during the period. Janney Montgomery Scott LLC owned approximately 0.09% of Univest Financial worth $730,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Capital Performance Advisors LLP acquired a new position in shares of Univest Financial during the 3rd quarter worth about $25,000. International Assets Investment Management LLC increased its position in Univest Financial by 2,713.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,463 shares of the financial services provider’s stock worth $41,000 after buying an additional 1,411 shares during the period. CWM LLC lifted its holdings in shares of Univest Financial by 66.1% during the third quarter. CWM LLC now owns 6,196 shares of the financial services provider’s stock worth $174,000 after buying an additional 2,465 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Univest Financial during the third quarter worth approximately $79,000. Finally, Empowered Funds LLC boosted its position in shares of Univest Financial by 5.3% in the third quarter. Empowered Funds LLC now owns 93,691 shares of the financial services provider’s stock valued at $2,636,000 after acquiring an additional 4,690 shares during the period. Institutional investors own 75.07% of the company’s stock.

Univest Financial Price Performance

Shares of NASDAQ:UVSP opened at $30.89 on Friday. The firm has a market capitalization of $897.05 million, a PE ratio of 11.93 and a beta of 0.89. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.17. Univest Financial Co. has a 1-year low of $18.41 and a 1-year high of $32.75. The business’s 50 day moving average is $30.25 and its 200-day moving average is $28.90.

Univest Financial (NASDAQ:UVSP) last posted its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.08. Univest Financial had a net margin of 15.17% and a return on equity of 8.51%. Sell-side analysts predict that Univest Financial Co. will post 2.36 earnings per share for the current year.

Univest Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.72%. The ex-dividend date is Wednesday, February 5th. Univest Financial’s dividend payout ratio (DPR) is presently 32.43%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Piper Sandler boosted their target price on shares of Univest Financial from $24.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Stephens restated an “equal weight” rating and set a $31.00 price objective on shares of Univest Financial in a report on Thursday, January 23rd.

Univest Financial Profile

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.