Universal (UVV) Receiving Somewhat Positive Media Coverage, Study Shows

News stories about Universal (NYSE:UVV) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Universal earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.0432503003314 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of Universal (NYSE:UVV) opened at $51.65 on Tuesday. The company has a market capitalization of $1,297.16, a price-to-earnings ratio of 35.87 and a beta of 1.38. Universal has a 52-week low of $50.80 and a 52-week high of $83.35. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.18 and a current ratio of 5.60.

Universal (NYSE:UVV) last released its earnings results on Tuesday, November 7th. The company reported $1.02 earnings per share (EPS) for the quarter. The company had revenue of $488.25 million during the quarter. Universal had a return on equity of 14.16% and a net margin of 5.56%.

Universal announced that its board has initiated a share buyback plan on Tuesday, November 7th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 5th. Stockholders of record on Monday, January 8th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Friday, January 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.26%. This is a positive change from Universal’s previous quarterly dividend of $0.54. Universal’s dividend payout ratio is presently 152.78%.

In other news, Director Robert C. Sledd sold 1,755 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $55.26, for a total value of $96,981.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John B. Adams, Jr. sold 848 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $52.50, for a total value of $44,520.00. The disclosure for this sale can be found here. 2.30% of the stock is owned by corporate insiders.

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About Universal

Universal Corporation is a leaf tobacco supplier. The Company is engaged in procuring, financing, processing, packing, storing and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The Company’s segments include North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental and Special Services.

Insider Buying and Selling by Quarter for Universal (NYSE:UVV)

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