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Profile - Universal Insurance Hldgs (OTC BB:UVIH.OB)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | SEC | Insider
Location
2875 N.E. 191 Street, Suite 400 A
Miami, FL 33180
Phone: (305) 792-4200
Fax: (305) 653-9884
Email: info@universalheights.com
Employees (last reported count): 59
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Insurance (Prop. & Casualty)
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 46%
·Over the last 6 months:
 · one insider buy; 23.0K shares (0.3% of insider shares)
·Institutional: 0% (0% of float)
(0 institutions)
·Net Inst. Selling: 1,000  shares
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Universal Insurance Holdings, Inc. (UIH), formerly Universal Heights, Inc., is a vertically integrated insurance holding company that, through its various subsidiaries, covers substantially all aspects of the insurance underwriting, distribution and claims process. In April 1997, the Company organized a subsidiary, Universal Property & Casualty Insurance Company (UPCIC), which participates in the transfer of homeowner insurance policies from the Florida Residential Property and Casualty Joint Underwriting Association (JUA). UPCIC's initial business and operations consisted of providing property and casualty coverage through homeowners' insurance policies acquired from the JUA. The insurance business acquired from the JUA provided a base for renewal premiums. The majority of these policies subsequently renewed with the Company. In an effort to further grow its insurance operations, in 1998, UPCIC also began to solicit business actively in the open market through independent agents.
More from Market Guide: Expanded Business Description

Financial Summary
Universal Insurance Holdings, Inc. is a property and casualty insurance co. through its subsidiary, UPCIC. UVIH established UPCIC in 1997, as part of its strategy to take advantage of potential business and growth opportunities in the marketplace. For the six months ended 6/30/01, revenues rose 65% to $8 million. Net income applicable to Common rose 41% to $990 thousand. Results reflect higher servicing of insurance, partially offset by higher frequency of claims.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Bradley Meier, 33
Pres, CEO, Assistant Sec.
$270K
James Lynch, 46
CFO, VP
132K
Irwin Kellner, 62
Sec., Director
--  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- OTC BB:UVIH.OBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 27-Mar-2001
$0.172
Recent Price$0.28 
52-Week High
on 29-Sep-2000
$0.875
Beta-0.36 
Daily Volume (3-month avg)12.9K
Daily Volume (10-day avg)6,000 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-50.3%
52-Week Change
relative to S&P500
-33.3%
Share-Related Items
Market Capitalization$4.92M
Shares Outstanding17.6M
Float9.50M
Dividends & Splits
Annual Dividendnone 
Last Split: 1 for 4 on 6-Dec-1994
Per-Share Data
Book Value (mrq)$0.53 
Earnings (ttm)-$0.09 
Earnings (mrq)-$0.03 
Sales (ttm)$0.82 
Cash (mrq)$0.71 
Valuation Ratios
Price/Book (mrq)0.53 
Price/EarningsN/A 
Price/Sales (ttm)0.34 
Income Statements
Sales (ttm)$12.3M
EBITDAN/A 
Income available to common (ttm)-$1.25M
Profitability
Profit Margin (ttm)-9.8%
Operating Margin (ttm)-9.8%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-4.10%
Return on Equity (ttm)-15.28%
Financial Strength
Current RatioN/A 
Debt/Equity (mrq)0.03 
Total Cash (mrq)$10.5M
Short Interest
As of 10-Nov-1997
Shares Short0 
Shares Short
(Prior Month)
2,000 
Daily Volume19.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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