Ubiquiti Inc. $UI Shares Acquired by Capital Impact Advisors LLC

Capital Impact Advisors LLC grew its holdings in Ubiquiti Inc. (NYSE:UIFree Report) by 59.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,934 shares of the company’s stock after purchasing an additional 15,228 shares during the period. Ubiquiti makes up 1.8% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 28th largest position. Capital Impact Advisors LLC owned 0.07% of Ubiquiti worth $22,651,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Blue Trust Inc. lifted its stake in shares of Ubiquiti by 87.5% in the 4th quarter. Blue Trust Inc. now owns 45 shares of the company’s stock valued at $25,000 after purchasing an additional 21 shares during the last quarter. Cherry Tree Wealth Management LLC acquired a new position in shares of Ubiquiti in the 3rd quarter valued at $33,000. Quarry LP acquired a new position in shares of Ubiquiti in the 3rd quarter valued at $34,000. CIBC Private Wealth Group LLC lifted its stake in shares of Ubiquiti by 238.1% in the 4th quarter. CIBC Private Wealth Group LLC now owns 71 shares of the company’s stock valued at $39,000 after purchasing an additional 50 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its stake in shares of Ubiquiti by 216.0% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 79 shares of the company’s stock valued at $44,000 after purchasing an additional 54 shares during the last quarter. Institutional investors and hedge funds own 4.00% of the company’s stock.

Ubiquiti Trading Up 0.7%

UI opened at $562.09 on Thursday. The stock’s 50-day moving average price is $768.74 and its 200 day moving average price is $694.57. Ubiquiti Inc. has a 12-month low of $368.42 and a 12-month high of $1,099.99. The firm has a market cap of $34.02 billion, a price-to-earnings ratio of 36.12 and a beta of 1.29.

Ubiquiti (NYSE:UIGet Free Report) last posted its earnings results on Friday, May 8th. The company reported $3.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.29 by ($0.41). Ubiquiti had a return on equity of 95.62% and a net margin of 30.43%.The firm had revenue of $788.20 million for the quarter, compared to analyst estimates of $814.30 million. Ubiquiti’s revenue for the quarter was up 18.7% on a year-over-year basis. On average, research analysts forecast that Ubiquiti Inc. will post 14.82 earnings per share for the current year.

Ubiquiti Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 18th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $3.20 annualized dividend and a yield of 0.6%. Ubiquiti’s dividend payout ratio is presently 20.57%.

Analyst Ratings Changes

Several equities analysts have recently commented on UI shares. BWS Financial reaffirmed a “buy” rating and issued a $980.00 price target on shares of Ubiquiti in a research note on Monday, May 11th. Wall Street Zen lowered Ubiquiti from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Barclays upped their price target on Ubiquiti from $527.00 to $672.00 and gave the company an “underweight” rating in a research note on Monday, May 11th. Zacks Research lowered Ubiquiti from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings lowered Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ubiquiti presently has an average rating of “Hold” and an average target price of $750.67.

Check Out Our Latest Stock Analysis on Ubiquiti

About Ubiquiti

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Ubiquiti (NYSE:UI)

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