Univest Corporation of Pennsylvania (NASDAQ:UVSP) Upgraded to "Hold" at Zacks Research

Univest Corporation of Pennsylvania (NASDAQ:UVSP - Get Free Report) was upgraded by investment analysts at Zacks Research to a "hold" rating in a research note issued to investors on Thursday,Zacks.com reports.Several other equities research analysts have also recently weighed in on the stock. Weiss Ratings restated a "buy (b)" rating on shares of Univest Corporation of Pennsylvania in a research report on Monday. Keefe, Bruyette & Woods increased their price target on shares of Univest Corporation of Pennsylvania from $33.00 to $34.00 and gave the company a "market perform" rating in a research note on Friday, October 24th. Finally, Piper Sandler initiated coverage on shares of Univest Corporation of Pennsylvania in a research report on Wednesday. They issued a "neutral" rating and a $34.00 price objective for the company. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $33.00.Get Our Latest Stock Analysis on UVSPUnivest Corporation of Pennsylvania Trading Up 0.1%Shares of UVSP opened at $33.46 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $952.94 million, a price-to-earnings ratio of 11.15 and a beta of 0.70. The stock has a fifty day moving average price of $30.37 and a two-hundred day moving average price of $30.39. Univest Corporation of Pennsylvania has a 52-week low of $22.83 and a 52-week high of $33.66. Univest Corporation of Pennsylvania (NASDAQ:UVSP - Get Free Report) last announced its earnings results on Tuesday, February 8th. The financial services provider reported $0.52 earnings per share for the quarter. Univest Corporation of Pennsylvania had a return on equity of 9.55% and a net margin of 16.94%.The company had revenue of $62.30 million during the quarter. Analysts predict that Univest Corporation of Pennsylvania will post 2.36 EPS for the current fiscal year. Institutional Trading of Univest Corporation of PennsylvaniaInstitutional investors have recently bought and sold shares of the business. XTX Topco Ltd acquired a new position in shares of Univest Corporation of Pennsylvania in the 1st quarter valued at $221,000. PNC Financial Services Group Inc. increased its holdings in Univest Corporation of Pennsylvania by 22.4% in the first quarter. PNC Financial Services Group Inc. now owns 5,872 shares of the financial services provider's stock valued at $167,000 after purchasing an additional 1,076 shares during the last quarter. Vanguard Group Inc. lifted its stake in Univest Corporation of Pennsylvania by 4.3% in the first quarter. Vanguard Group Inc. now owns 1,695,235 shares of the financial services provider's stock valued at $48,077,000 after buying an additional 69,462 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Univest Corporation of Pennsylvania by 8.4% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 26,792 shares of the financial services provider's stock worth $760,000 after buying an additional 2,070 shares during the last quarter. Finally, Nuveen LLC bought a new position in Univest Corporation of Pennsylvania during the first quarter worth about $3,384,000. Institutional investors and hedge funds own 75.07% of the company's stock. Univest Corporation of Pennsylvania Company Profile (Get Free Report)Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.Featured ArticlesFive stocks we like better than Univest Corporation of PennsylvaniaHow to Effectively Use the MarketBeat Ratings ScreenerRocket Lab’s Big Rebound? Analysts Suggest the Dip's a GiftWhen to Sell a Stock for Profit or LossMeta’s AI Moment? New SAM 3 Model Has Wall Street Turning BullishWhat is a Low P/E Ratio and What Does it Tell Investors?Snowflake Stock: The Dip That Smart Investors Are Buying Right NowThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Univest Corporation of Pennsylvania Right Now?Before you consider Univest Corporation of Pennsylvania, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Univest Corporation of Pennsylvania wasn't on the list.While Univest Corporation of Pennsylvania currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here