Impact Partnership Wealth LLC Makes New $1.22 Million Investment in Ubiquiti Inc. $UI

Impact Partnership Wealth LLC bought a new position in Ubiquiti Inc. (NYSE:UI) in the fourth quarter, HoldingsChannel reports. The fund bought 2,206 shares of the company’s stock, valued at approximately $1,221,000.

A number of other hedge funds have also bought and sold shares of UI. Goldman Sachs Group Inc. raised its position in Ubiquiti by 33.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,836 shares of the company’s stock worth $10,494,000 after buying an additional 8,551 shares during the last quarter. Woodline Partners LP raised its position in Ubiquiti by 22.1% in the 1st quarter. Woodline Partners LP now owns 1,214 shares of the company’s stock worth $377,000 after buying an additional 220 shares during the last quarter. Jane Street Group LLC raised its position in Ubiquiti by 12.9% in the 1st quarter. Jane Street Group LLC now owns 13,768 shares of the company’s stock worth $4,270,000 after buying an additional 1,570 shares during the last quarter. Cetera Investment Advisers purchased a new position in Ubiquiti in the 2nd quarter worth about $312,000. Finally, Legal & General Group Plc raised its position in Ubiquiti by 23.2% in the 2nd quarter. Legal & General Group Plc now owns 792 shares of the company’s stock worth $326,000 after buying an additional 149 shares during the last quarter. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on UI shares. BWS Financial reissued a “buy” rating and issued a $980.00 target price on shares of Ubiquiti in a research report on Monday, May 11th. Zacks Research lowered Ubiquiti from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings raised Ubiquiti from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, May 14th. Wall Street Zen lowered Ubiquiti from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Barclays boosted their target price on Ubiquiti from $527.00 to $672.00 and gave the stock an “underweight” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Ubiquiti has an average rating of “Hold” and a consensus price target of $750.67.

Ubiquiti Stock Down 2.1%

Ubiquiti stock opened at $582.22 on Friday. The business has a 50-day simple moving average of $829.09 and a two-hundred day simple moving average of $692.22. The company has a market cap of $35.24 billion, a P/E ratio of 37.42 and a beta of 1.46. Ubiquiti Inc. has a 52-week low of $368.42 and a 52-week high of $1,099.99.

Ubiquiti (NYSE:UI) last released its quarterly earnings results on Friday, May 8th. The company reported $3.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.41). The firm had revenue of $788.20 million for the quarter, compared to the consensus estimate of $814.30 million. Ubiquiti had a net margin of 30.43% and a return on equity of 95.62%. The business’s quarterly revenue was up 18.7% on a year-over-year basis. Research analysts anticipate that Ubiquiti Inc. will post 14.04 EPS for the current fiscal year.

Ubiquiti Announces Dividend

The business also recently disclosed 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 was Monday, May 18th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.5%. Ubiquiti’s payout ratio is 20.57%.

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.