Strategic Global Advisors LLC Has $4.12 Million Stock Holdings in Ubiquiti Inc. $UI

Strategic Global Advisors LLC grew its position in Ubiquiti Inc. (NYSE:UI) by 81.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,453 shares of the company’s stock after purchasing an additional 3,339 shares during the period. Strategic Global Advisors LLC’s holdings in Ubiquiti were worth $4,124,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its holdings in Ubiquiti by 11.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 183,464 shares of the company’s stock worth $101,520,000 after purchasing an additional 19,504 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Ubiquiti by 244.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 155,916 shares of the company’s stock worth $88,815,000 after purchasing an additional 110,632 shares during the period. Morgan Stanley raised its holdings in Ubiquiti by 7.7% in the fourth quarter. Morgan Stanley now owns 102,022 shares of the company’s stock worth $56,454,000 after purchasing an additional 7,338 shares during the period. Capital World Investors raised its holdings in Ubiquiti by 16.2% in the fourth quarter. Capital World Investors now owns 100,056 shares of the company’s stock worth $55,366,000 after purchasing an additional 13,970 shares during the period. Finally, M&T Bank Corp raised its holdings in Ubiquiti by 7,845.7% in the fourth quarter. M&T Bank Corp now owns 98,527 shares of the company’s stock worth $54,520,000 after purchasing an additional 97,287 shares during the period. 4.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UI has been the topic of several analyst reports. Wall Street Zen lowered shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Monday, April 27th. BWS Financial reissued a “buy” rating and set a $980.00 price objective on shares of Ubiquiti in a research report on Monday, May 11th. Zacks Research downgraded shares of Ubiquiti from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Barclays increased their price objective on shares of Ubiquiti from $527.00 to $672.00 and gave the stock an “underweight” rating in a research report on Monday, May 11th. Finally, Weiss Ratings downgraded shares of Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Two equities research 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 MarketBeat.com, Ubiquiti has a consensus rating of “Hold” and an average price target of $750.67.

Ubiquiti Price Performance

Ubiquiti stock opened at $587.70 on Monday. The firm has a 50-day moving average of $785.14 and a 200-day moving average of $694.75. Ubiquiti Inc. has a one year low of $368.42 and a one year high of $1,099.99. The company has a market cap of $35.57 billion, a price-to-earnings ratio of 37.77 and a beta of 1.30.

Ubiquiti (NYSE:UI) last announced its quarterly earnings data on Friday, May 8th. The company reported $3.88 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.41). The company had revenue of $788.20 million during 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 revenue for the quarter was up 18.7% on a year-over-year basis. As a group, sell-side analysts expect that Ubiquiti Inc. will post 14.82 earnings per share for the current year.

Ubiquiti Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Monday, May 18th were issued a $0.80 dividend. The ex-dividend date was Monday, May 18th. This represents a $3.20 annualized dividend and a dividend yield of 0.5%. Ubiquiti’s dividend payout ratio (DPR) is presently 20.57%.

Ubiquiti 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.