Univest FinancialUVSP
Market Cap: $833M
About: Univest Financial Corp is engaged in domestic banking services for individuals, businesses, municipalities and non-profit organizations. The bank has three operating segments; Banking segment provides financial services including a full range of banking services such as deposit taking, loan origination, and servicing, mortgage banking, other general banking services, and equipment lease financing, Wealth Management segment offers investment advisory, financial planning, trust and brokerage services, and The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, employee benefits solutions, personal insurance lines and human resources consulting. It generates majority of its revenue from the banking segment.
Employees: 979
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
7% more capital invested
Capital invested by funds: $462M [Q1] → $495M (+$33M) [Q2]
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% more funds holding
Funds holding: 138 [Q1] → 139 (+1) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
1.02% less ownership
Funds ownership: 75.18% [Q1] → 74.16% (-1.02%) [Q2]
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Piper Sandler Frank Schiraldi 70% 1-year accuracy 16 / 23 met price target | 16%downside $24 | Neutral Maintained | 26 Jul 2024 |
Keefe, Bruyette & Woods Timothy Switzer 82% 1-year accuracy 9 / 11 met price target | 2%upside $29 | Market Perform Reiterated | 26 Jul 2024 |