Louisiana State Employees Retirement System Sells 500 Shares of Universal Co. (NYSE:UVV)

Louisiana State Employees Retirement System decreased its stake in Universal Co. (NYSE:UVV) by 4.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,900 shares of the company’s stock after selling 500 shares during the period. Louisiana State Employees Retirement System’s holdings in Universal were worth $632,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UVV. Boston Partners bought a new position in Universal in the 1st quarter valued at approximately $12,273,000. ProShare Advisors LLC raised its stake in shares of Universal by 69.1% during the second quarter. ProShare Advisors LLC now owns 273,280 shares of the company’s stock valued at $13,169,000 after acquiring an additional 111,691 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of Universal by 183.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 53,600 shares of the company’s stock valued at $2,772,000 after acquiring an additional 34,659 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Universal during the first quarter valued at $534,000. Finally, Freestone Capital Holdings LLC bought a new position in shares of Universal during the first quarter valued at $465,000. Institutional investors own 81.00% of the company’s stock.

Universal Price Performance

UVV stock opened at $52.26 on Wednesday. The company has a fifty day moving average price of $51.83 and a 200-day moving average price of $50.87. The company has a market capitalization of $1.29 billion, a P/E ratio of 10.75 and a beta of 0.77. Universal Co. has a 52-week low of $45.19 and a 52-week high of $67.80. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.96 and a current ratio of 2.60.

Universal (NYSE:UVV) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $597.05 million during the quarter. Universal had a net margin of 4.31% and a return on equity of 8.92%.

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.