Universal Corp (UVV) Stake Decreased by Bailard Inc.

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Bailard Inc. lessened its stake in shares of Universal Corp (NYSE:UVV) by 9.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,100 shares of the company’s stock after selling 800 shares during the quarter. Bailard Inc.’s holdings in Universal were worth $439,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of UVV. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Universal by 20.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,771 shares of the company’s stock worth $96,000 after buying an additional 304 shares during the last quarter. Bank of Montreal Can raised its position in Universal by 27.9% during the 4th quarter. Bank of Montreal Can now owns 1,907 shares of the company’s stock worth $104,000 after buying an additional 416 shares during the last quarter. Quantamental Technologies LLC purchased a new position in Universal during the 4th quarter worth $119,000. Tower Research Capital LLC TRC raised its position in Universal by 71.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the company’s stock worth $132,000 after buying an additional 844 shares during the last quarter. Finally, Jackson Financial Management purchased a new position in Universal during the 3rd quarter worth $260,000. Institutional investors and hedge funds own 88.39% of the company’s stock.

Shares of Universal stock opened at $56.69 on Thursday. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 12.34 and a beta of 0.91. The company has a quick ratio of 2.07, a current ratio of 4.70 and a debt-to-equity ratio of 0.27. Universal Corp has a one year low of $46.10 and a one year high of $76.98.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 6th. Shareholders of record on Monday, April 8th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Friday, April 5th. This represents a $3.00 dividend on an annualized basis and a yield of 5.29%.

In other Universal news, insider James A. Huffman sold 3,112 shares of the company’s stock in a transaction on Friday, November 16th. The shares were sold at an average price of $67.23, for a total transaction of $209,219.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.50% of the stock is currently owned by corporate insiders.

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About Universal

Universal Corporation engages in the supply of leaf tobacco products worldwide. The company operates through North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental, and Special Services segments. It is involved in procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.

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Institutional Ownership by Quarter for Universal (NYSE:UVV)

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