Mutual of America Capital Management LLC Purchases 184 Shares of Universal Co. (NYSE:UVV)

Mutual of America Capital Management LLC increased its position in Universal Co. (NYSE:UVVGet Rating) by 5.5% during the first quarter, Holdings Channel reports. The firm owned 3,546 shares of the company’s stock after buying an additional 184 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Universal were worth $206,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of UVV. Pacer Advisors Inc. bought a new stake in shares of Universal in the 4th quarter valued at about $6,165,000. Invesco Ltd. raised its holdings in shares of Universal by 11.2% in the 4th quarter. Invesco Ltd. now owns 1,015,640 shares of the company’s stock valued at $55,779,000 after purchasing an additional 102,197 shares during the period. SG Americas Securities LLC raised its holdings in shares of Universal by 159.5% in the 4th quarter. SG Americas Securities LLC now owns 87,976 shares of the company’s stock valued at $4,832,000 after purchasing an additional 54,073 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of Universal in the 4th quarter valued at about $2,877,000. Finally, Teacher Retirement System of Texas acquired a new position in Universal in the 4th quarter valued at about $1,463,000. 80.38% of the stock is owned by institutional investors.

Insider Activity at Universal

In related news, Director Robert C. Sledd sold 2,000 shares of the company’s stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $63.82, for a total value of $127,640.00. Following the transaction, the director now owns 12,288 shares in the company, valued at approximately $784,220.16. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Universal news, Director Robert C. Sledd sold 2,000 shares of the stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $63.82, for a total transaction of $127,640.00. Following the transaction, the director now owns 12,288 shares in the company, valued at approximately $784,220.16. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Preston Douglas Wigner sold 4,000 shares of the stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $63.23, for a total transaction of $252,920.00. Following the transaction, the vice president now owns 50,799 shares in the company, valued at approximately $3,212,020.77. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,000 shares of company stock worth $605,640. Insiders own 2.80% of the company’s stock.

Universal Stock Down 2.0 %

Shares of UVV opened at $55.09 on Wednesday. Universal Co. has a 52 week low of $46.24 and a 52 week high of $64.13. The firm has a market cap of $1.35 billion, a P/E ratio of 15.88 and a beta of 0.57. The firm’s 50-day simple moving average is $58.41 and its 200 day simple moving average is $57.23. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 3.37.

Universal (NYSE:UVVGet Rating) last announced its quarterly earnings results on Wednesday, May 25th. The company reported $1.03 EPS for the quarter. Universal had a net margin of 4.12% and a return on equity of 6.97%. The business had revenue of $646.97 million for the quarter.

Universal Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 1st. Investors of record on Monday, July 11th were paid a $0.79 dividend. The ex-dividend date of this dividend was Friday, July 8th. This represents a $3.16 dividend on an annualized basis and a yield of 5.74%. This is a positive change from Universal’s previous quarterly dividend of $0.78. Universal’s dividend payout ratio is 91.07%.

Universal Company Profile

(Get Rating)

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.

Further Reading

Want to see what other hedge funds are holding UVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Co. (NYSE:UVVGet Rating).

Institutional Ownership by Quarter for Universal (NYSE:UVV)

Receive News & Ratings for Universal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal and related companies with MarketBeat.com's FREE daily email newsletter.