Universal Corp (UVV) : Lvm Capital Management Ltdmi reduced its stake in Universal Corp by 12.84% during the most recent quarter end. The investment management company now holds a total of 19,345 shares of Universal Corp which is valued at $1 Million after selling 2,850 shares in Universal Corp according to a report filed by the company on Apr 4, 2016 with the SEC.Universal Corp makes up approximately 0.32% of Lvm Capital Management Ltdmi’s portfolio.
Universal Corp closed down -1.06 points or -1.99% at $52.33 with 2,25,237 shares getting traded on Monday. Post opening the session at $53.03, the shares hit an intraday low of $52.33 and an intraday high of $53.53 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Universal Corporation is a global leaf tobacco supplier. The Company is engaged in procuring financing processing packing storing and shipping flue-cured and burley leaf tobacco for manufacturers of consumer tobacco products. The Company’s operating segment includes North America South America Africa Europe Asia Dark Air-Cured Oriental and Special Services. North America South America Africa Europe and Asia are involved in flue-cured and/or burley leaf tobacco operations for supply to cigarette manufacturers. The Dark Air-Cured group supplies dark air-cured tobacco to manufacturers of cigars pipe tobacco and smokeless tobacco products. The Oriental business supplies oriental tobacco to cigarette manufacturers. Special Services includes the Company’s laboratory services business which provides physical and chemical product testing and smoke testing for customers as well as its liquid nicotine joint venture and its food and vegetable ingredients business.