Hancock Whitney Corp Grows Stock Position in Universal Corp (NYSE:UVV)

Hancock Whitney Corp increased its position in shares of Universal Corp (NYSE:UVV) by 54.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 46,705 shares of the company’s stock after purchasing an additional 16,462 shares during the quarter. Hancock Whitney Corp’s holdings in Universal were worth $2,065,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc raised its position in shares of Universal by 26.9% during the 1st quarter. Versant Capital Management Inc now owns 1,051 shares of the company’s stock valued at $46,000 after buying an additional 223 shares during the period. Parallel Advisors LLC raised its position in shares of Universal by 393.0% during the 1st quarter. Parallel Advisors LLC now owns 1,055 shares of the company’s stock valued at $46,000 after buying an additional 841 shares during the period. PSI Advisors LLC purchased a new stake in shares of Universal during the 4th quarter valued at approximately $65,000. Atticus Wealth Management LLC purchased a new stake in shares of Universal during the 4th quarter valued at approximately $68,000. Finally, PNC Financial Services Group Inc. raised its position in shares of Universal by 77.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,459 shares of the company’s stock valued at $83,000 after buying an additional 637 shares during the period. 84.41% of the stock is currently owned by hedge funds and other institutional investors.

Universal stock opened at $43.36 on Friday. Universal Corp has a fifty-two week low of $37.04 and a fifty-two week high of $63.18. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.06 and a current ratio of 5.83. The firm has a 50 day moving average price of $44.70 and a 200 day moving average price of $49.94. The company has a market capitalization of $1.06 billion, a PE ratio of 11.76 and a beta of 0.72.

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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