Charles Schwab Investment Management Inc. Has $31.54 Million Stock Holdings in Universal Co. (NYSE:UVV)

Charles Schwab Investment Management Inc. increased its position in Universal Co. (NYSE:UVV) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 575,128 shares of the company’s stock after buying an additional 32,445 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Universal were worth $31,540,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UVV. State Street Corp grew its stake in shares of Universal by 6.3% in the 3rd quarter. State Street Corp now owns 1,218,793 shares of the company’s stock valued at $64,730,000 after buying an additional 71,773 shares during the period. Barclays PLC grew its stake in shares of Universal by 341.2% in the 3rd quarter. Barclays PLC now owns 40,565 shares of the company’s stock valued at $2,155,000 after buying an additional 31,370 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Universal by 7.6% in the 4th quarter. Bank of New York Mellon Corp now owns 386,913 shares of the company’s stock valued at $21,218,000 after buying an additional 27,480 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Universal in the 3rd quarter valued at about $697,000. Finally, Jane Street Group LLC grew its stake in shares of Universal by 30.4% in the 3rd quarter. Jane Street Group LLC now owns 49,849 shares of the company’s stock valued at $2,647,000 after buying an additional 11,612 shares during the period. 81.00% of the stock is currently owned by institutional investors and hedge funds.

Universal Stock Performance

Shares of UVV opened at $55.30 on Monday. The company has a market cap of $1.37 billion, a PE ratio of 11.38 and a beta of 0.79. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.60 and a quick ratio of 0.96. Universal Co. has a one year low of $45.19 and a one year high of $59.13. The stock has a 50-day moving average of $52.77 and a 200-day moving average of $53.20.

Universal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 14th will be paid a dividend of $0.81 per share. The ex-dividend date of this dividend is Monday, April 14th. This represents a $3.24 dividend on an annualized basis and a yield of 5.86%. Universal’s dividend payout ratio (DPR) is currently 66.67%.

About Universal

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.