Univest of Pennsylvania (UVSP) Forms $27.50 Double Bottom; Anglogold Ashanti Limited (AU) Shorts Increased By 37.61%

June 30, 2018 - By Martha Paddon

Univest Corporation of Pennsylvania (NASDAQ:UVSP) Logo

Univest Corporation of Pennsylvania (UVSP) formed double bottom with $26.40 target or 4.00% below today’s $27.50 share price. Univest Corporation of Pennsylvania (UVSP) has $808.69 million valuation. The stock decreased 1.26% or $0.35 during the last trading session, reaching $27.5. About 94,778 shares traded. Univest Corporation of Pennsylvania (NASDAQ:UVSP) has risen 3.85% since June 30, 2017 and is uptrending. It has underperformed by 8.72% the S&P500. Some Historical UVSP News: 10/04/2018 – Univest Closes Above 50-Day Moving Average: Technicals; 21/05/2018 – Univest Corporation Declares Second Quarter Dividend; 29/05/2018 – Report: Exploring Fundamental Drivers Behind Vivint Solar, Peapack-Gladstone Financial, Madrigal Pharmaceuticals, Univest Corpo; 22/03/2018 Univest Closes Below 50-Day Moving Average: Technicals; 22/04/2018 – DJ Univest Corporation of Pennsylvania, Inst Holders, 1Q 2018 (UVSP); 25/04/2018 – Univest Corp Pennsylvania 1Q EPS 44c; 11/05/2018 – Maltese Capital Management LLC Exits Position in Univest

Anglogold Ashanti Limited (NYSE:AU) had an increase of 37.61% in short interest. AU’s SI was 4.70M shares in June as released by FINRA. Its up 37.61% from 3.42M shares previously. With 3.46 million avg volume, 1 days are for Anglogold Ashanti Limited (NYSE:AU)’s short sellers to cover AU’s short positions. The SI to Anglogold Ashanti Limited’s float is 1.17%. The stock increased 4.45% or $0.35 during the last trading session, reaching $8.21. About 3.45M shares traded. AngloGold Ashanti Limited (NYSE:AU) has declined 25.75% since June 30, 2017 and is downtrending. It has underperformed by 38.32% the S&P500. Some Historical AU News: 15/03/2018 – ANGLOGOLD SAYS MINING INDUSTRY READY FOR ENGAGEMENT W/ DRC GOVT; 02/04/2018 – IGNORE: ANGLOGOLD ASHANTI STATEMENT ON DRC RELEASED MARCH 29; 21/05/2018 – Anglogold Ashanti Limited Notice In Terms Of Section 45(5)(a) Of The Companies Act 71 Of 2008, As Amended; 08/03/2018 – ANGLOGOLD: MEETING TO CLARIFY SOME ASPECTS OF NEW MINING CODE; 16/04/2018 – Vedanta turns to AngloGold for new chief executive; 08/05/2018 – EXCLUSIVE-SOUTH AFRICA’S NUM UNION SEEKS UP TO 37 PCT PAY HIKE FROM GOLD PRODUCERS OVER TWO YEARS – DOCUMENT; 27/04/2018 – PURE GOLD MINING – EACH UNIT WILL CONSIST OF 1 COMMON SHARE OF CO AND ONE-HALF OF 1 COMMON SHARE PURCHASE WARRANT; 14/05/2018 – Congo mining regulations committee completes work, miners say; 08/05/2018 – Correct: AngloGold Ashanti 1Q Gross Profit $233M; 16/04/2018 – ANGLOGOLD SAYS GLOBAL SEARCH FOR NEW CEO IS UNDERWAY

AngloGold Ashanti Limited operates as a gold mining and exploration company. The company has market cap of $3.54 billion. The firm also produces silver, uranium oxide, copper, and sulphuric acid. It currently has negative earnings. The Company’s portfolio includes 17 mines in South Africa, Continental Africa, Australasia, and the Americas.

Analysts await Univest Corporation of Pennsylvania (NASDAQ:UVSP) to report earnings on July, 25. They expect $0.47 earnings per share, up 6.82% or $0.03 from last year’s $0.44 per share. UVSP’s profit will be $13.82 million for 14.63 P/E if the $0.47 EPS becomes a reality. After $0.44 actual earnings per share reported by Univest Corporation of Pennsylvania for the previous quarter, Wall Street now forecasts 6.82% EPS growth.

Investors sentiment decreased to 1.36 in 2018 Q1. Its down 0.03, from 1.39 in 2017Q4. It is negative, as 12 investors sold Univest Corporation of Pennsylvania shares while 27 reduced holdings. 15 funds opened positions while 38 raised stakes. 17.52 million shares or 3.13% more from 16.99 million shares in 2017Q4 were reported. Stifel Corp reported 50,961 shares. Bluemountain Cap Management Ltd accumulated 14,212 shares or 0.01% of the stock. Fj Capital Mgmt Lc reported 748,500 shares. Banc Funds Lc, Illinois-based fund reported 189,452 shares. Goldman Sachs reported 0% stake. Art Limited Liability Corp owns 0.01% invested in Univest Corporation of Pennsylvania (NASDAQ:UVSP) for 12,100 shares. Bancorp Of America De holds 43,909 shares or 0% of its portfolio. Bank Of Montreal Can holds 2,057 shares or 0% of its portfolio. Swiss National Bank holds 0% of its portfolio in Univest Corporation of Pennsylvania (NASDAQ:UVSP) for 50,278 shares. Nbt Comml Bank N A invested in 0.05% or 11,812 shares. Bridgeway Cap holds 29,679 shares. Credit Suisse Ag accumulated 0% or 36,218 shares. 566,889 are owned by Renaissance Technologies Limited Liability. Brandywine Glob Invest Limited Company, Pennsylvania-based fund reported 9,026 shares. The New York-based Citigroup has invested 0% in Univest Corporation of Pennsylvania (NASDAQ:UVSP).

Since March 22, 2018, it had 3 insider purchases, and 1 insider sale for $502,981 activity. Zimmerman Charles H had bought 500 shares worth $13,569 on Monday, March 26. The insider PETRO THOMAS M sold $586,000. $42,000 worth of stock was bought by Wonderling Robert C on Thursday, March 22.

Among 3 analysts covering Univest Corporation Of Pennsylvania (NASDAQ:UVSP), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Univest Corporation Of Pennsylvania had 3 analyst reports since January 25, 2018 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of UVSP in report on Thursday, January 25 with “Hold” rating. Sandler O’Neill maintained the shares of UVSP in report on Monday, March 26 with “Hold” rating. On Tuesday, January 30 the stock rating was maintained by Piper Jaffray with “Buy”.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) Institutional Positions Chart