Universal Insurance Holdings Stock News

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UVE has exhibited 9%+ annual growth in direct premiums written over the past 10 years. Unusual hurricane seasons in the past few years have resulted in unusual losses.

Royal Bank of Canada increased its position in shares of Universal Insurance Holdings, Inc. (NYSE:UVE) by 3.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,579 shares of the insurance providers stock after purchasing an additional 3,003 shares during the period. Royal []

Zacks Investment Research upgraded shares of Universal Insurance (NYSE:UVE) from a hold rating to a buy rating in a research report report published on Wednesday morning, Zacks.com reports. The firm currently has $17.00 target price on the insurance providers stock. According to Zacks, Universal Insurance Holdings, Inc., through its wholly-owned subsidiary, Universal Property & Casualty []

CPLP, NMRK, UVE, and FCF have been selected as the breakout stocks for today.

CPLP, NMRK, UVE, and FCF have been selected as the breakout stocks for today.

Universal Insurance Holdings, Inc. (NYSE:UVE) was the target of a significant decline in short interest during the month of October. As of October 29th, there was short interest totalling 430,800 shares, a decline of 15.9% from the October 14th total of 512,400 shares. Based on an average daily volume of 129,600 shares, the short-interest ratio []

State Street Corp decreased its stake in shares of Universal Insurance Holdings, Inc. (NYSE:UVE) by 2.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 944,154 shares of the insurance providers stock after selling 24,000 shares during the quarter. State Street []

A sharp reduction in claims expenses has resulted in improved underwriting results as the insurer is sanguine that the launch of innovative products will propel future revenue growth. For the first month through September 2021, Universal Insurances underwriting profit-which is the difference between premium income and claims/underwriting expenses- increased by 49.58 percent to N1.10 billion from N738.02 million as at September 2020. Read on

Prudential Financial Inc. decreased its stake in shares of Universal Insurance Holdings, Inc. (NYSE:UVE) by 42.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140,611 shares of the insurance providers stock after selling 105,734 shares during the quarter. Prudential Financial []

Zacks Investment Research cut shares of Universal Insurance (NYSE:UVE) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning, Zacks.com reports. According to Zacks, Universal Insurance Holdings, Inc., through its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), is currently engaged in insurance underwriting, distribution and []

Zacks Investment Research upgraded shares of Universal Insurance (NYSE:UVE) from a hold rating to a buy rating in a report released on Wednesday, Zacks.com reports. The brokerage currently has $17.00 price target on the insurance providers stock. According to Zacks, Universal Insurance Holdings, Inc., through its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), []

Universal Insurance (UVE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Nuveen Asset Management LLC decreased its position in shares of Universal Insurance Holdings, Inc. (NYSE:UVE) by 6.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 348,959 shares of the insurance providers stock after selling 23,541 shares during the period. []

Universal Insurance (NYSE:UVE) was downgraded by Zacks Investment Research from a buy rating to a hold rating in a note issued to investors on Tuesday, Zacks.com reports. According to Zacks, Universal Insurance Holdings, Inc., through its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), is currently engaged in insurance underwriting, distribution and claims. UPCIC []