Universal Corp Director Thomas H. Johnson Sells 2,000 Shares (UVV)

Source from:  American Banking and Marketing News 08/18/2015

Universal Corp (NYSE:UVV) Director Thomas H. Johnson sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $49.06, for a total transaction of $98,120.00. Following the completion of the transaction, the director now owns 13,559 shares of the company's stock, valued at approximately $665,204.54. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Universal Corp (NYSE:UVV) traded up 0.14% during trading on Monday, hitting $49.19. 61,537 shares of the stock traded hands. The firm has a 50-day moving average of $55.73 and a 200-day moving average of $50.17. Universal Corp has a 1-year low of $38.30 and a 1-year high of $58.89. The firm has a market capitalization of $1.12 billion and a price-to-earnings ratio of 12.80.

Universal Corp (NYSE:UVV) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($0.43) earnings per share (EPS) for the quarter. The firm had revenue of $275.40 million for the quarter, compared to the consensus estimate of $271.50 million. On average, equities analysts forecast that Universal Corp will post $3.70 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be distributed on Monday, November 9th. Shareholders of record on Tuesday, October 13th will be given a dividend of $0.52 per share. The ex-dividend date is Thursday, October 8th. This represents a $2.08 annualized dividend and a yield of 4.23%.

Universal Corporation is a leaf tobacco merchant and processor. The Company is focused on agri-products. Universal conducts business in over 30 countries. Universal's business includes selecting, buying, shipping, processing, packing, storing and financing of leaf tobacco in tobacco growing countries for marketing to, or for the account of, manufacturers of tobacco products throughout the world. The Company markets various kinds of tobacco, including flue-cured and burley tobaccos, and oriental tobaccos, which are ingredients in American blend cigarettes. Universal also operates in dark tobacco markets around the world. Its dark tobacco operations are located in the various countries, including the United States, the Dominican Republic, Indonesia and Brazil, and in other markets. Enditem