Notable Dividend Flow: UNIVERSAL INSURANCE HOLDINGS INC (NYSE:UVE) dividends of $0.27 are projected for the near future; this is why.

Notable Dividend Flow: UNIVERSAL INSURANCE HOLDINGS INC (NYSE:UVE) dividends of $0.27 are projected for the near future; this is why.

UNIVERSAL INSURANCE HOLDINGS INC (NYSE:UVE) is expected to pay $0.27 on Dec 12, 2016. The indicated annual dividend is $0.56. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on UNIVERSAL INSURANCE HOLDINGS INC’s current price of $25.15, the dividend is 1.07%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 16, 2016. The stock decreased 0.98% or $0.25 on November 25, hitting $25.15. Universal Insurance Holdings, Inc. (NYSE:UVE) has risen 48.55% since April 25, 2016 and is uptrending. It has outperformed by 42.54% the S&P500.

Universal Insurance Holdings, Inc. is a private personal residential homeowners insurance firm in Florida. The company has a market cap of $872.54 million. The Firm performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. It has a 7.81 P/E ratio. The Firm writes personal residential homeowners insurance policies, predominantly in Florida.

Insitutional Activity: The institutional sentiment increased to 1.47 in 2016 Q2. Its up 0.63, from 0.84 in 2016Q1. The ratio is positive, as 22 funds sold all Universal Insurance Holdings, Inc. shares owned while 55 reduced positions. 18 funds bought stakes while 47 increased positions. They now own 24.96 million shares or 4.05% less from 26.02 million shares in 2016Q1.
Zurcher Kantonalbank (Zurich Cantonalbank) last reported 0% of its portfolio in the stock. Martingale Asset Management Ltd Partnership holds 0.01% or 38,844 shares in its portfolio. Allianz Asset Management Ag, a Germany-based fund reported 1.14M shares. Teachers Incorporated holds 0.02% or 466,971 shares in its portfolio. Credit Suisse Ag holds 85,769 shares or 0% of its portfolio. Guggenheim Capital Ltd Liability Corp has 156,284 shares for 0.01% of their US portfolio. Metropolitan Life Insur Ny has 25,177 shares for 0% of their US portfolio. Northern Trust last reported 0% of its portfolio in the stock. Schroder Mgmt Grp has 1.25M shares for 0.05% of their US portfolio. Clinton last reported 0.03% of its portfolio in the stock. Capstone Asset has invested 0.01% of its portfolio in Universal Insurance Holdings, Inc. (NYSE:UVE). Brown Brothers Harriman And Co accumulated 2,000 shares or 0% of the stock. Systematic Fincl Management Lp has 0.07% invested in the company for 270,830 shares. Thrivent For Lutherans last reported 15,650 shares in the company. Nationwide Fund Advsr holds 0% or 20,771 shares in its portfolio.

Insider Transactions: Since June 13, 2016, the stock had 1 buying transaction, and 1 insider sale for $119,567 net activity. DOWNES SEAN P had bought 5,300 shares worth $98,633. Another trade for 10,000 shares valued at $218,200 was made by Callahan Scott P. on Tuesday, August 16.

More notable recent Universal Insurance Holdings, Inc. (NYSE:UVE) news were published by: Fool.com which released: “Why Shares of Universal Insurance Holdings, Inc. are Dropping Today” on October 06, 2016, also Prnewswire.com with their article: “Universal Insurance Holdings, Inc. Launches Universal Direct(SM) In Florida …” published on September 26, 2016, Prnewswire.com published: “Universal Insurance Holdings, Inc. Launches Universal Direct(SM) In Delaware …” on September 08, 2016. More interesting news about Universal Insurance Holdings, Inc. (NYSE:UVE) were released by: Prnewswire.com and their article: “Universal Insurance Holdings, Inc. Announces Third Quarter 2016 Earnings …” published on October 18, 2016 as well as Prnewswire.com‘s news article titled: “Universal Insurance Holdings, Inc. Launches Universal Direct(SM) in …” with publication date: November 16, 2016.

UVE Company Profile

Universal Insurance Holdings, Inc. (UVE), incorporated on November 13, 1990, is a private personal residential homeowners insurance firm in Florida. The Firm performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Firm writes personal residential homeowners insurance policies, predominantly in Florida. The Firm also writes homeowners insurance policies in Delaware, Georgia, Hawaii, Indiana, Maryland, Massachusetts, Minnesota, North Carolina, Pennsylvania and South Carolina. The Firm is also licensed to issue policies in Alabama, Michigan, New Hampshire, Virginia and West Virginia. It has a distribution network of approximately 7,800 licensed independent agents. Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC, and together with UPCIC, the Insurance Entities) are its insurance operating subsidiaries.

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