Susquehanna Bancshares Inc Reiterates Positive Rating for Universal Display Corporation (NASDAQ:OLED)

Claudine Rigal
Juillet 18, 2017

The stock had a trading volume of 206,174 shares.

Universal Corporation is a leaf tobacco supplier. Hedge funds and other institutional investors own 70.39% of the company's stock. BlackRock Inc. boosted its position in shares of Universal Display Corporation by 82,293.2% in the first quarter. Inc. now owns 5,400 shares of the semiconductor company's stock worth $465,000 after buying an additional 200 shares during the period. Prudential Financial Inc.'s holdings in Universal Display Corporation were worth $397,000 at the end of the most recent quarter. Invictus RG acquired a new stake in shares of Universal Display Corporation during the first quarter worth about $152,000. State Board of Administration of Florida Retirement System now owns 24,648 shares of the semiconductor company's stock worth $1,388,000 after buying an additional 140 shares during the last quarter. Finally, Foundry Partners LLC bought a new stake in Universal Display Corporation during the first quarter worth $208,000. Dimensional Fund Advisors LP boosted its position in Universal Display Corporation by 1.5% in the fourth quarter.

The stock's 50 day moving average is 67.23 and its 200 day moving average is 68.87. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 99.29 and a beta of 1.03. Universal Corporation has a one year low of $52.40 and a one year high of $83.35.

Universal Display Corporation (NASDAQ:OLED) last announced its earnings results on Thursday, May 4th. As of the end of the quarter Marshwinds Advisory Co had bought 9 shares growing its holdings by 0.1%. The company had revenue of $55.60 million during the quarter, compared to analysts' expectations of $33.53 million. Universal Display Corporation had a return on equity of 10.85% and a net margin of 25.13%. The firm's quarterly revenue was up 87.2% compared to the same quarter a year ago.

Universal Corporation was upgraded to "hold" by analysts at Jefferson Research.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Thursday, June 15th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.10%. The ex-dividend date of this dividend was Tuesday, June 13th. Universal Display Corporation's dividend payout ratio (DPR) is 10.00%.

ILLEGAL ACTIVITY NOTICE: "Universal Display Corporation (OLED) Position Reduced by Teachers Advisors LLC" was first reported by Stock Observer and is the sole property of of Stock Observer. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of USA & worldwide trademark & copyright law. The legal version of this piece can be accessed at https://www.themarketsdaily.com/2017/07/17/universal-display-corporation-nasdaqoled-earning-somewhat-positive-news-coverage-accern-reports.html.

A number of other research analysts have also recently issued reports on the company. BidaskClub raised shares of Universal Display Corporation from a "buy" rating to a "strong-buy" rating in a research note on Friday, June 9th.

Universal Display Corporation (NASDAQ:OLED) was up 3.50% at $119.65 on Friday, in a 52-week range of $47.88 to $130.65 and with a consensus analyst target price of $128.40. Susquehanna Bancshares Inc reiterated a "positive" rating on shares of Universal Display Corporation in a research note on Thursday.

05/05/2017 - Universal Display Corporation had its " rating reiterated by analysts at Cowen.

UVV has been the subject of several analyst reports.

Receive Universal Display Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Display Corporation with MarketBeat.com's FREE daily email newsletter. The shares were sold at an average price of $113.30, for a total transaction of $2,039,400.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Steven V. Abramson sold 18,000 shares of the company's stock in a transaction on Monday, May 8th. The stock was sold at an average price of $112.82, for a total value of $1,909,365.68. Preston Douglas Wigner, VP, General Counsel & Secy disclosed the sale of 1,000 shares of UVV stock. Over the last 90 days, insiders have sold 77,278 shares of company stock valued at $8,783,289. FMR LLC now owns 325,005 shares of the semiconductor company's stock worth $27,983,000 after buying an additional 214,324 shares during the last quarter.

D'autres rapports CampDesrEcrues

Discuter de cet article

SUIVRE NOTRE JOURNAL