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Anne Vazquez, a director at Univest Financial Corp (NASDAQ:UVSP), recently acquired 1,250 shares of the company’s common stock. The shares were purchased at an average price of $28.63 per share, totaling approximately $35,787. Following this transaction, Vazquez’s direct ownership in Univest Financial amounts to 6,250 shares. The $840M market cap financial institution currently trades at a P/E ratio of 11.17 and offers a 2.95% dividend yield, having maintained dividend payments for 47 consecutive years. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value model.
This transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission, providing investors with insight into the trading activities of company insiders. InvestingPro subscribers can access additional insights through comprehensive Pro Research Reports, which include detailed analysis of UVSP’s financial health, valuation metrics, and growth prospects among 1,400+ top US stocks.
In other recent news, Univest Financial Corporation reported its fourth-quarter 2024 earnings, exceeding analyst expectations with an earnings per share (EPS) of $0.65, compared to the forecast of $0.55. The company’s revenue also surpassed projections, reaching $76.8 million against an anticipated $73.45 million. Univest demonstrated strong loan and deposit growth, with loans increasing by $95.8 million and consumer and commercial deposits growing by $104 million. Despite these positive results, Univest’s stock experienced a slight decline. The company continues to benefit from its diversified business model, with non-interest income rising by 14.6% year-over-year. Looking forward, Univest anticipates loan growth of 3% to 5% in 2025, along with expected net interest income growth between 5% and 7%. The company’s management has expressed optimism about future prospects, with expectations of a moderate economic environment in the coming year.
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