News articles about Universal Insurance Holdings (NYSE:UVE) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Universal Insurance Holdings earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the insurance provider an impact score of 46.1423066042823 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
UVE has been the subject of a number of research analyst reports. ValuEngine lowered Universal Insurance Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 18th. BidaskClub lowered Universal Insurance Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $29.00 price target on shares of Universal Insurance Holdings in a research note on Friday.
Shares of Universal Insurance Holdings (UVE) traded up 2.20% during mid-day trading on Friday, reaching $23.20. The company had a trading volume of 139,072 shares. Universal Insurance Holdings has a 1-year low of $18.07 and a 1-year high of $29.20. The firm has a 50-day moving average price of $24.00 and a 200-day moving average price of $24.74. The stock has a market capitalization of $808.43 million, a price-to-earnings ratio of 8.22 and a beta of 1.82.
About Universal Insurance Holdings
Universal Insurance Holdings, Inc (UVE) is a private personal residential homeowners insurance company in Florida. The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company’s subsidiaries include Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC).
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