Universal Corp (NYSE:UVV) insider James A. Huffman sold 1,745 shares of the stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of $60.50, for a total transaction of $105,572.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
James A. Huffman also recently made the following trade(s):
- On Thursday, May 30th, James A. Huffman sold 1,862 shares of Universal stock. The shares were sold at an average price of $57.10, for a total transaction of $106,320.20.
UVV traded down $1.00 during midday trading on Wednesday, hitting $59.28. 206,075 shares of the company traded hands, compared to its average volume of 171,403. The company has a quick ratio of 3.50, a current ratio of 6.26 and a debt-to-equity ratio of 0.27. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 13.51 and a beta of 0.70. Universal Corp has a 52-week low of $50.67 and a 52-week high of $76.98.
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 5th. Stockholders of record on Monday, July 8th will be paid a $0.76 dividend. This is an increase from Universal’s previous quarterly dividend of $0.75. This represents a $3.04 annualized dividend and a dividend yield of 5.13%. The ex-dividend date is Friday, July 5th.
Large investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA lifted its stake in shares of Universal by 65.4% in the first quarter. BNP Paribas Arbitrage SA now owns 7,685 shares of the company’s stock worth $443,000 after buying an additional 3,040 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Universal by 1,266.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 57,548 shares of the company’s stock worth $3,317,000 after purchasing an additional 53,336 shares during the last quarter. GAM Holding AG increased its position in Universal by 100.8% during the fourth quarter. GAM Holding AG now owns 12,805 shares of the company’s stock worth $702,000 after purchasing an additional 6,428 shares during the last quarter. HRT Financial LLC acquired a new stake in Universal during the fourth quarter worth about $406,000. Finally, Blueshift Asset Management LLC acquired a new stake in Universal during the fourth quarter worth about $659,000. 82.84% of the stock is currently owned by hedge funds and other institutional investors.
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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