Univest Corp. (UVSP) Declares $.20 Quarterly Dividend; 2.8% Yield

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Univest Corporation of Pennsylvania (UVSP) PT Lowered to $31 at Piper Jaffray Following Equity Raise

December 5, 2017 6:58 AM EST

Piper Jaffray lowered its price target on Univest Corporation of Pennsylvania (NASDAQ: UVSP) to $31.00 (from $32.00) while maintaining a Overweight rating following the company's $75M equity raise. From conversations with the management team, the proceeds will be used for additional loan growth as... More

Univest Corp. (UVSP) Prices 2.3M Common Stock Offering at $28.25/Share

November 30, 2017 9:05 AM EST

Univest Corporation of Pennsylvania (NASDAQ: UVSP) (Univest or the Corporation), parent company of Univest Bank and Trust Co. (the Bank), today announced the pricing of an underwritten public offering of 2,300,000 shares of its common stock at a price to the public of $28.25 per share. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately... More