News articles about Universal Insurance (NYSE:UVE) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Universal Insurance earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the insurance provider an impact score of 46.0023336773088 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

Several analysts have recently issued reports on UVE shares. ValuEngine raised shares of Universal Insurance from a “hold” rating to a “buy” rating in a research report on Thursday, July 26th. Keefe, Bruyette & Woods lowered shares of Universal Insurance from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $39.00 to $44.00 in a research report on Friday, July 27th.

Shares of NYSE UVE traded up $0.15 during midday trading on Friday, hitting $45.45. The company’s stock had a trading volume of 188,651 shares, compared to its average volume of 195,148. Universal Insurance has a one year low of $20.25 and a one year high of $46.26. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.02. The firm has a market cap of $1.55 billion, a P/E ratio of 11.96 and a beta of 1.79.

Universal Insurance (NYSE:UVE) last posted its quarterly earnings results on Wednesday, July 25th. The insurance provider reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.25. Universal Insurance had a net margin of 16.71% and a return on equity of 29.16%. The company had revenue of $209.79 million for the quarter.

In related news, Director Michael Pietrangelo sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 31st. The shares were sold at an average price of $44.53, for a total transaction of $445,300.00. Following the sale, the director now owns 70,763 shares of the company’s stock, valued at approximately $3,151,076.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jon Springer sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, September 10th. The stock was sold at an average price of $44.68, for a total transaction of $312,760.00. Following the sale, the insider now directly owns 449,325 shares in the company, valued at approximately $20,075,841. The disclosure for this sale can be found here. Insiders have sold a total of 157,705 shares of company stock worth $6,642,209 in the last ninety days. 10.60% of the stock is currently owned by insiders.

About Universal Insurance

Universal Insurance Holdings, Inc, together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company primarily offers personal residential homeowner's insurance. It also underwrites homeowner's multi-peril insurance; and fire, commercial multi-peril, and other liability lines of business.

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

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