Nordea Financial investment Management AB cut its holdings in Universal Insurance coverage Holdings, Inc. ( NYSE: UVE— Nordea Financial investment Management AB cut its holdings in Universal Insurance coverage Holdings, Inc. ( NYSE: UVE— Get Ranking) by 4.0% in the 4th quarter, according to the business in its latest Kind 13F filing with the Securities & & Exchange Commission. The fund owned 184,003 shares of the insurance coverage service provider’s stock after offering 7,645 shares throughout the duration. Nordea Financial Investment Management AB owned 0.60% of Universal Insurance coverage worth $1,912,000 at the end of the most current quarter.
A variety of other hedge funds likewise just recently made modifications to their positions in UVE. Consultant Group Holdings Inc. raised its position in shares of Universal Insurance coverage by 36.2% in the very first quarter. Consultant Group Holdings Inc. now owns 30,515 shares of the insurance coverage service provider’s stock valued at $411,000 after purchasing an extra 8,118 shares throughout the last quarter. Swiss National Bank raised its position in shares of Universal Insurance coverage by 7.3% in the very first quarter. Swiss National Bank now owns 66,400 shares of the insurance coverage service provider’s stock valued at $896,000 after purchasing an extra 4,500 shares throughout the last quarter. Bank of New York City Mellon Corp raised its position in shares of Universal Insurance coverage by 2.9% in the very first quarter. Bank of New York City Mellon Corp now owns 412,217 shares of the insurance coverage service provider’s stock valued at $5,561,000 after purchasing an extra 11,696 shares throughout the last quarter. Citigroup Inc. raised its position in shares of Universal Insurance coverage by 13.9% in the very first quarter. Citigroup Inc. now owns 25,660 shares of the insurance coverage service provider’s stock valued at $346,000 after purchasing an extra 3,126 shares throughout the last quarter. Lastly, MetLife Financial investment Management LLC raised its position in shares of Universal Insurance coverage by 55.1% in the very first quarter. MetLife Financial investment Management LLC now owns 14,719 shares of the insurance coverage service provider’s stock valued at $199,000 after purchasing an extra 5,231 shares throughout the last quarter. 66.85% of the stock is owned by institutional financiers and hedge funds.
Experts Location Their Bets
In other Universal Insurance coverage news, Director Sean P. Downes offered 20,000 shares of the company’s stock in a deal on Wednesday, May 10th. The stock was cost a typical cost of $16.02, for an overall deal of $320,400.00. Following the deal, the director now owns 1,345,591 shares in the business, valued at around $21,556,367.82. The deal was divulged in a filing with the SEC, which is readily available through this link In other news, Director Sean P. Downes offered 10,000 shares of Universal Insurance coverage stock in a deal on Wednesday, March 29th. The stock was cost a typical cost of $18.83, for an overall worth of $188,300.00. Following the deal, the director now owns 1,348,209 shares in the business, valued at around $25,386,775.47. The sale was divulged in a filing with the SEC, which is readily available at the SEC site Likewise, Director Sean P. Downes offered 20,000 shares of Universal Insurance coverage stock in a deal on Wednesday, May 10th. The shares were cost a typical cost of $16.02, for an overall worth of $320,400.00. Following the conclusion of the deal, the director now owns 1,345,591 shares in the business, valued at around $21,556,367.82. The disclosure for this sale can be discovered here Experts have actually offered an overall of 31,151 shares of business stock worth $529,476 in the last 90 days. Business experts own 16.10% of the business’s stock.
Universal Insurance Coverage Cost Efficiency
Universal Insurance coverage stock opened at $15.57 on Friday. The stock’s fifty day moving typical cost is $18.06 and its two-hundred day moving typical cost is $13.84. Universal Insurance Coverage Holdings, Inc. has a one year low of $8.39 and a one year high of $20.15. The business has a debt-to-equity ratio of 0.32, an existing ratio of 0.59 and a fast ratio of 0.59. The company has a market cap of $473.95 million, a PE ratio of -30.53 and a beta of 0.91.
Universal Insurance Coverage ( NYSE: UVE— Get Ranking) last published its quarterly profits information on Thursday, February 23rd. The insurance coverage service provider reported $0.72 EPS for the quarter, topping experts’ agreement price quotes of ($ 0.28) by $1.00. Universal Insurance coverage had an unfavorable return on equity of 2.69% and an unfavorable net margin of 1.25%. The company had profits of $330.36 million for the quarter, compared to expert price quotes of $319.59 million. As a group, research study experts anticipate that Universal Insurance coverage Holdings, Inc. will publish 2 EPS for the existing .
Universal Insurance Coverage Announces Dividend
Business likewise just recently divulged a quarterly dividend, which will be paid on Friday, May 19th. Investors of record on Friday, May 12th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Thursday, May 11th. This represents a $0.64 dividend on an annualized basis and a yield of 4.11%. Universal Insurance coverage’s dividend payment ratio (DPR) is currently -125.49%.
Expert Rankings Modifications
A variety of experts have actually just recently released reports on the business. Piper Sandler raised their cost goal on Universal Insurance coverage from $20.00 to $23.00 in a research study report on Monday, Might 1st. TheStreet updated Universal Insurance coverage from a “d+” ranking to a “c-” ranking in a research study note on Wednesday, January 25th. Lastly, StockNews.com decreased Universal Insurance coverage from a “strong-buy” ranking to a “purchase” ranking in a research study note on Saturday, Might sixth.
Universal Insurance Provider Profile
( Get Ranking)
Universal Insurance Coverage Holdings, Inc takes part in using home and casualty insurance coverage and value-added insurance coverage services. It establishes, markets and finances insurance coverage items for customers in the individual property property owner’s industries and carry out significantly all other insurance-related services for main insurance coverage entities, consisting of danger management, declares management, and circulation.
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