Daiwa Securities Group Inc. Has $446,000 Stake in Universal Co. (NYSE:UVV)

Daiwa Securities Group Inc. decreased its stake in Universal Co. (NYSE:UVV) by 4.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,136 shares of the company’s stock after selling 407 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Universal were worth $446,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Jane Street Group LLC boosted its stake in Universal by 30.4% in the 3rd quarter. Jane Street Group LLC now owns 49,849 shares of the company’s stock valued at $2,647,000 after buying an additional 11,612 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Universal in the 3rd quarter valued at $697,000. State Street Corp boosted its stake in Universal by 6.3% in the 3rd quarter. State Street Corp now owns 1,218,793 shares of the company’s stock valued at $64,730,000 after buying an additional 71,773 shares in the last quarter. Barclays PLC boosted its stake in Universal by 341.2% in the 3rd quarter. Barclays PLC now owns 40,565 shares of the company’s stock valued at $2,155,000 after buying an additional 31,370 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Universal by 85.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 22,020 shares of the company’s stock valued at $1,169,000 after buying an additional 10,155 shares in the last quarter. Institutional investors and hedge funds own 81.00% of the company’s stock.

Universal Price Performance

Shares of UVV stock opened at $55.30 on Monday. The stock’s fifty day simple moving average is $52.77 and its 200 day simple moving average is $53.20. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.60 and a quick ratio of 0.96. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 11.38 and a beta of 0.79. Universal Co. has a one year low of $45.19 and a one year high of $59.13.

Universal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 14th will be given a $0.81 dividend. The ex-dividend date of this dividend is Monday, April 14th. This represents a $3.24 annualized dividend and a yield of 5.86%. Universal’s payout ratio is 66.67%.

Universal Company Profile

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.