PFG Advisors Buys Shares of 1,056 Ubiquiti Inc. $UI

PFG Advisors bought a new stake in shares of Ubiquiti Inc. (NYSE:UI) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,056 shares of the company’s stock, valued at approximately $698,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Diversify Advisory Services LLC boosted its holdings in Ubiquiti by 28.4% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,676 shares of the company’s stock valued at $1,107,000 after acquiring an additional 371 shares during the period. Jefferies Financial Group Inc. purchased a new stake in Ubiquiti in the third quarter worth $443,000. Blair William & Co. IL increased its stake in Ubiquiti by 50.5% in the third quarter. Blair William & Co. IL now owns 1,117 shares of the company’s stock worth $738,000 after purchasing an additional 375 shares during the period. First Trust Advisors LP lifted its position in shares of Ubiquiti by 9.4% during the third quarter. First Trust Advisors LP now owns 33,729 shares of the company’s stock worth $22,281,000 after purchasing an additional 2,893 shares during the last quarter. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of Ubiquiti during the third quarter worth $253,000. 4.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on UI shares. Weiss Ratings restated a “hold (c+)” rating on shares of Ubiquiti in a report on Monday, December 29th. Barclays lifted their price objective on shares of Ubiquiti from $455.00 to $527.00 and gave the company an “underweight” rating in a report on Friday, February 6th. BWS Financial restated a “buy” rating and issued a $720.00 target price on shares of Ubiquiti in a research note on Monday, February 9th. Wall Street Zen raised shares of Ubiquiti from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. Finally, Zacks Research raised shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ubiquiti presently has a consensus rating of “Moderate Buy” and an average target price of $615.67.

Ubiquiti Price Performance

UI stock opened at $750.14 on Friday. The business has a 50-day moving average price of $648.98 and a 200 day moving average price of $629.60. The company has a market capitalization of $45.40 billion, a P/E ratio of 51.10 and a beta of 1.33. Ubiquiti Inc. has a 1-year low of $255.00 and a 1-year high of $803.59.

Ubiquiti (NYSE:UI) last released its quarterly earnings data on Friday, February 6th. The company reported $3.88 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.80. The company had revenue of $814.87 million during the quarter, compared to analyst estimates of $716.95 million. Ubiquiti had a net margin of 29.90% and a return on equity of 113.21%. The firm’s revenue for the quarter was up 35.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.28 earnings per share. On average, analysts anticipate that Ubiquiti Inc. will post 7.21 earnings per share for the current fiscal year.

Ubiquiti Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th were paid a dividend of $0.80 per share. The ex-dividend date was Tuesday, February 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.4%. Ubiquiti’s dividend payout ratio (DPR) is currently 21.80%.

Ubiquiti Company Profile

Ubiquiti Inc (NYSE: UI) is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti’s offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.