Rhumbline Advisers Increases Stock Holdings in Universal Corp (NYSE:UVV)

Rhumbline Advisers lifted its position in Universal Corp (NYSE:UVV) by 7.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,621 shares of the company’s stock after purchasing an additional 4,456 shares during the quarter. Rhumbline Advisers owned about 0.26% of Universal worth $3,542,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in UVV. WINTON GROUP Ltd grew its holdings in shares of Universal by 196.3% in the second quarter. WINTON GROUP Ltd now owns 14,236 shares of the company’s stock valued at $865,000 after purchasing an additional 9,432 shares during the period. 6 Meridian lifted its position in Universal by 2.5% in the second quarter. 6 Meridian now owns 12,244 shares of the company’s stock valued at $744,000 after buying an additional 294 shares during the last quarter. First Hawaiian Bank lifted its position in Universal by 29.5% in the second quarter. First Hawaiian Bank now owns 9,093 shares of the company’s stock valued at $553,000 after buying an additional 2,074 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in Universal by 2.1% in the second quarter. Oregon Public Employees Retirement Fund now owns 9,871 shares of the company’s stock valued at $600,000 after buying an additional 200 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in Universal by 1.2% in the second quarter. Bessemer Group Inc. now owns 59,500 shares of the company’s stock valued at $3,616,000 after buying an additional 700 shares during the last quarter. 85.18% of the stock is owned by hedge funds and other institutional investors.

NYSE UVV opened at $55.78 on Friday. The firm’s 50-day moving average is $54.34 and its two-hundred day moving average is $55.68. Universal Corp has a 12 month low of $49.07 and a 12 month high of $76.98. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.51 and a quick ratio of 2.15. The stock has a market capitalization of $1.39 billion, a P/E ratio of 12.62 and a beta of 0.73.

Universal (NYSE:UVV) last posted its earnings results on Wednesday, August 7th. The company reported $0.19 EPS for the quarter. Universal had a net margin of 4.34% and a return on equity of 8.12%. The company had revenue of $296.92 million for the quarter.

Separately, TheStreet cut shares of Universal from a “b+” rating to a “c+” rating in a research report on Thursday, August 8th.

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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