Mutual of America Capital Management LLC Takes Position in Universal Co. (NYSE:UVV)

Mutual of America Capital Management LLC acquired a new stake in Universal Co. (NYSE:UVV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 3,741 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in Universal during the 3rd quarter valued at $48,000. KBC Group NV boosted its position in Universal by 57.8% during the 3rd quarter. KBC Group NV now owns 1,141 shares of the company’s stock valued at $61,000 after buying an additional 418 shares during the period. Blue Trust Inc. boosted its position in Universal by 30.4% during the 4th quarter. Blue Trust Inc. now owns 3,303 shares of the company’s stock valued at $175,000 after buying an additional 770 shares during the period. Sunbelt Securities Inc. boosted its position in Universal by 39.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,783 shares of the company’s stock valued at $201,000 after buying an additional 1,078 shares during the period. Finally, Versor Investments LP purchased a new stake in Universal during the 4th quarter valued at $214,000. Hedge funds and other institutional investors own 81.00% of the company’s stock.

Universal Stock Down 1.1 %

Shares of NYSE UVV opened at $54.22 on Tuesday. The company has a current ratio of 2.60, a quick ratio of 0.96 and a debt-to-equity ratio of 0.43. Universal Co. has a 12 month low of $45.19 and a 12 month high of $59.13. The firm has a market capitalization of $1.34 billion, a PE ratio of 11.16 and a beta of 0.79. The firm has a fifty day simple moving average of $52.79 and a two-hundred day simple moving average of $53.20.

Universal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 14th will be issued a $0.81 dividend. The ex-dividend date of this dividend is Monday, April 14th. This represents a $3.24 annualized dividend and a yield of 5.98%. Universal’s dividend payout ratio (DPR) 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.