Somewhat Favorable News Coverage Extremely Likely to Effect Univest Co. of Pennsylvania (UVSP) Share Price

Media coverage about Univest Co. of Pennsylvania (NASDAQ:UVSP) has trended somewhat positive this week, according to AlphaOne Sentiment. The research group, a subsidiary of Accern, identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Univest Co. of Pennsylvania earned a news sentiment score of 0.10 on AlphaOne’s scale. AlphaOne also gave headlines about the financial services provider an impact score of 96 out of 100, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the near future.

Separately, Sandler O’Neill started coverage on shares of Univest Co. of Pennsylvania in a research note on Wednesday. They issued a “buy” rating on the stock.

Shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) traded down 0.093% during midday trading on Wednesday, hitting $26.775. 43,004 shares of the stock traded hands. The stock has a 50 day moving average of $27.05 and a 200 day moving average of $27.14. The company has a market capitalization of $712.32 million, a P/E ratio of 31.875 and a beta of 0.73. Univest Co. of Pennsylvania has a 1-year low of $19.11 and a 1-year high of $31.50.

The firm also recently declared a quarterly dividend, which was paid on Monday, April 3rd. Investors of record on Wednesday, March 8th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend was Monday, March 6th. Univest Co. of Pennsylvania’s dividend payout ratio (DPR) is presently 88.89%.

In other Univest Co. of Pennsylvania news, insider Kevin Brian Norris purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 16th. The shares were acquired at an average price of $28.53 per share, for a total transaction of $28,530.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Roger H. Ballou sold 11,000 shares of the stock in a transaction on Monday, January 30th. The shares were sold at an average price of $28.42, for a total value of $312,620.00. Following the completion of the sale, the director now owns 19,913 shares in the company, valued at approximately $565,927.46. The disclosure for this sale can be found here. 4.96% of the stock is currently owned by corporate insiders.

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Univest Co. of Pennsylvania Company Profile

Univest Corporation of Pennsylvania is a bank holding company. The Company owns all of the capital stock of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Bank is engaged in the general commercial banking business and provides a range of banking and trust services to its customers.

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