Univest Corp. of Pennsylvania (NASDAQ:UVSP) EVP Roger S. Deacon sold 13,000 shares of the business’s stock in a transaction on Tuesday, November 29th. The shares were sold at an average price of $28.49, for a total transaction of $370,370.00. Following the sale, the executive vice president now directly owns 83,449 shares in the company, valued at approximately $2,377,462.01. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Univest Corp. of Pennsylvania (NASDAQ:UVSP) traded up 1.25% during midday trading on Tuesday, reaching $28.30. 88,903 shares of the company’s stock were exchanged. The stock has a market cap of $752.04 million, a price-to-earnings ratio of 30.59 and a beta of 0.64. The firm has a 50 day moving average of $24.79 and a 200-day moving average of $22.44. Univest Corp. of Pennsylvania has a one year low of $18.42 and a one year high of $28.75.

Insider Buying and Selling by Quarter for Univest Corp. of Pennsylvania (NASDAQ:UVSP)

The company also recently declared a quarterly dividend, which will be paid on Monday, January 2nd. Stockholders of record on Wednesday, December 7th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Monday, December 5th. Univest Corp. of Pennsylvania’s payout ratio is 79.21%.

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Large investors have recently bought and sold shares of the stock. Neuberger Berman Group LLC boosted its stake in Univest Corp. of Pennsylvania by 2.1% in the second quarter. Neuberger Berman Group LLC now owns 220,448 shares of the financial services provider’s stock worth $4,634,000 after buying an additional 4,628 shares during the last quarter. Aberdeen Asset Management PLC UK boosted its stake in Univest Corp. of Pennsylvania by 51.2% in the second quarter. Aberdeen Asset Management PLC UK now owns 738,505 shares of the financial services provider’s stock worth $15,523,000 after buying an additional 249,980 shares during the last quarter. Nomura Holdings Inc. purchased a new stake in Univest Corp. of Pennsylvania during the second quarter worth approximately $1,079,000. State Board of Administration of Florida Retirement System boosted its stake in Univest Corp. of Pennsylvania by 1.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 11,684 shares of the financial services provider’s stock worth $246,000 after buying an additional 135 shares during the last quarter. Finally, Emerald Acquisition Ltd. purchased a new stake in Univest Corp. of Pennsylvania during the second quarter worth approximately $893,000. Hedge funds and other institutional investors own 53.80% of the company’s stock.

About Univest Corp. of Pennsylvania

Univest Corporation of Pennsylvania is a bank holding company. The Company owns all of the capital stock of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Bank is engaged in the general commercial banking business and provides a range of banking and trust services to its customers.

5 Day Chart for NASDAQ:UVSP

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