Voya Boosts Holdings in Universal Insurance Holdings, Inc. (UVE) as Strategy Delivers Returns

Universal Insurance Holdings, Inc. (NYSE:UVE) is among the best low-priced growth stocks to buy now. During the first quarter, Voya Investment Management LLC raised its position in Universal Insurance Holdings, Inc. (NYSE:UVE) by 42.9%. Following the acquisition of 13,177 shares, the institutional asset manager now owns 43,862 shares of the company’s stock, translating to an investment of $1,040,000 and an ownership of 0.16%.

Time and time again, Universal Insurance Holdings, Inc. (NYSE:UVE) has highlighted its focus on two strategies: providing top-tier customer experiences and generating strong shareholder returns. In carrying out these strategies, the company uses various tactics, including disciplined underwriting, sustaining a solid balance sheet, innovating across all its segments, and developing its digital platform, Clovered.com.

From Florida to the East Coast and now the upper Midwest, Universal Insurance Holdings, Inc. (NYSE:UVE) is definitely on a growth streak. This will not stop here, as the company has room to keep growing since it currently maintains a presence across merely 19 states.

Universal Insurance Holdings, Inc. (NYSE:UVE) is a Florida-based integrated insurance holding company offering insurance products, allied lines, and coverage for other structures. Founded in 1990, the company is committed to being the insurance carrier of choice.

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