First Trust Advisors LP Purchases 52,400 Shares of Universal Co. (NYSE:UVV)

First Trust Advisors LP lifted its position in shares of Universal Co. (NYSE:UVV – Get Rating) by 35.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 200,181 shares of the company’s stock after buying an additional 52,400 shares during the quarter. First Trust Advisors LP owned approximately 0.82% of Universal worth $10,572,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in Universal by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,849,221 shares of the company’s stock worth $97,656,000 after purchasing an additional 44,238 shares in the last quarter. Citigroup Inc. grew its stake in Universal by 20.2% during the fourth quarter. Citigroup Inc. now owns 16,737 shares of the company’s stock valued at $884,000 after acquiring an additional 2,817 shares in the last quarter. HighTower Advisors LLC purchased a new position in Universal during the fourth quarter valued at $425,000. Raymond James & Associates increased its holdings in Universal by 23.8% in the 4th quarter. Raymond James & Associates now owns 9,970 shares of the company’s stock valued at $527,000 after acquiring an additional 1,916 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of Universal by 11.9% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 12,559 shares of the company’s stock valued at $663,000 after purchasing an additional 1,338 shares in the last quarter. 80.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Universal in a research note on Thursday, May 18th. They set a “hold” rating for the company.

Universal Trading Down 0.5 %

UVV stock opened at $53.65 on Thursday. The firm has a fifty day moving average price of $52.97 and a 200 day moving average price of $53.44. Universal Co. has a fifty-two week low of $43.64 and a fifty-two week high of $64.13. The firm has a market cap of $1.32 billion, a PE ratio of 13.94 and a beta of 0.75. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.46 and a current ratio of 3.26.

Universal Company Profile

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Universal Corp. is a business-to-business agro-products supplier to consumer product manufacturers that sources and processes leaf tobacco and plant-based ingredients. It operates through the following segments: Tobacco Operations and Ingredients Operations. The Tobacco Operations segment includes selecting, procuring, processing, packing, storing, shipping, and financing leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products throughout the world.