Lesa Sroufe Co Lowers stake in Universal Corp (UVV)

Universal Corp (UVV) : Lesa Sroufe Co reduced its stake in Universal Corp by 1.05% during the most recent quarter end. The investment management company now holds a total of 87,308 shares of Universal Corp which is valued at $5,175,618 after selling 923 shares in Universal Corp , the firm said in a disclosure report filed with the SEC on Jul 21, 2016.Universal Corp makes up approximately 4.31% of Lesa Sroufe Co’s portfolio.

Other Hedge Funds, Including , Jolley Asset Management sold out all of its stake in UVV during the most recent quarter. The investment firm sold 100 shares of UVV which is valued $5,928.Meritage Portfolio Management reduced its stake in UVV by selling 4,350 shares or 4.22% in the most recent quarter. The Hedge Fund company now holds 98,765 shares of UVV which is valued at $5,854,789. Universal Corp makes up approx 0.64% of Meritage Portfolio Management’s portfolio.Davenport Co reduced its stake in UVV by selling 3,981 shares or 3.13% in the most recent quarter. The Hedge Fund company now holds 123,140 shares of UVV which is valued at $7,398,251. Universal Corp makes up approx 0.11% of Davenport Co’s portfolio.

Universal Corp closed down -0.12 points or -0.21% at $58.35 with 1,14,971 shares getting traded on Thursday. Post opening the session at $58.46, the shares hit an intraday low of $58.34 and an intraday high of $58.76 and the price fluctuated in this range throughout the day.Shares ended Thursday 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.

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