First National Bank of Omaha Purchases Shares of 10,431 UFP Technologies, Inc. $UFPT

First National Bank of Omaha acquired a new position in UFP Technologies, Inc. (NASDAQ:UFPT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,431 shares of the industrial products company’s stock, valued at approximately $2,082,000. First National Bank of Omaha owned about 0.14% of UFP Technologies as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Guidance Capital Inc. grew its holdings in UFP Technologies by 8.6% during the third quarter. Guidance Capital Inc. now owns 2,274 shares of the industrial products company’s stock worth $457,000 after buying an additional 180 shares in the last quarter. Vanguard Group Inc. boosted its holdings in UFP Technologies by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 527,621 shares of the industrial products company’s stock worth $105,313,000 after acquiring an additional 3,583 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of UFP Technologies by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,124 shares of the industrial products company’s stock worth $3,019,000 after acquiring an additional 2,389 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in shares of UFP Technologies by 20.7% in the third quarter. Public Sector Pension Investment Board now owns 30,119 shares of the industrial products company’s stock valued at $6,012,000 after purchasing an additional 5,174 shares during the last quarter. Finally, Illinois Municipal Retirement Fund raised its holdings in shares of UFP Technologies by 1.2% in the third quarter. Illinois Municipal Retirement Fund now owns 3,977 shares of the industrial products company’s stock valued at $794,000 after purchasing an additional 49 shares during the last quarter. Institutional investors own 87.28% of the company’s stock.

UFP Technologies Stock Performance

NASDAQ UFPT opened at $245.83 on Thursday. The company has a market capitalization of $1.90 billion, a PE ratio of 28.49 and a beta of 1.11. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.36 and a current ratio of 2.41. UFP Technologies, Inc. has a 52-week low of $178.26 and a 52-week high of $275.81. The company has a 50-day simple moving average of $245.34 and a 200 day simple moving average of $222.56.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on UFPT. Wall Street Zen cut shares of UFP Technologies from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Zacks Research upgraded UFP Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, UFP Technologies has a consensus rating of “Hold” and an average price target of $289.00.

UFP Technologies Company Profile

UFP Technologies, Inc (NASDAQ: UFPT) is a global designer and manufacturer of custom-engineered products using plastics, foams and adhesives. The company partners with customers to develop application-specific solutions through a range of in-house processes, including foam fabrication, die cutting, sheet processing, lamination, machining and assembly services. Its components find use in industries requiring precise material properties, such as medical devices, aerospace, defense, electronics and transportation.

Building on its origins as a specialty foam converter, UFP Technologies has expanded its capabilities to include advanced material technologies, such as thermal management and electromagnetic interference (EMI) shielding solutions.