Univest Financial (UVSP)

• Market cap: $865M
• 1 day: 0.30%
• 5 days: -6.56%
• 1 month: -2.20%
• 3 months: 4.60%
• 6 months: 39.03%
• Year to date: 35.43%
• 1 year: 38.00%
• 5 years: 9.40%
• 10 years: 48.90%
• Sector: Financials
• Industry: State Commercial Banks

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 Q3 regulatory filings by fund managers ($100M+ AUM)

131% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 13

25% more capital invested

Capital invested by funds: $501M [Q2] → $627M (+$126M) [Q3]

12% more funds holding

Funds holding: 139 [Q2] → 156 (+17) [Q3]

1.4% more ownership

Funds ownership: 74.95% [Q2] → 76.35% (+1.4%) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 51

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $27 9% downside
• Avg. target: $27 9% downside
• High target: $27 9% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Piper Sandler Frank Schiraldi 65% 1-year accuracy 17 / 26 met price target

9% downside $27

Neutral Maintained

25 Oct 2024