Universal Forest Products, Inc. (NASDAQ:UFPI) VP Charles Scott Greene sold 3,000 shares of Universal Forest Products stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $38.05, for a total value of $114,150.00. Following the completion of the sale, the vice president now owns 9,894 shares of the company’s stock, valued at $376,466.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Charles Scott Greene also recently made the following trade(s):

  • On Thursday, November 30th, Charles Scott Greene sold 3,000 shares of Universal Forest Products stock. The stock was sold at an average price of $39.05, for a total value of $117,150.00.

Universal Forest Products, Inc. (NASDAQ UFPI) traded down $0.25 during trading on Tuesday, hitting $38.06. The stock had a trading volume of 167,200 shares, compared to its average volume of 365,276. The firm has a market cap of $2,343.58, a price-to-earnings ratio of 21.56, a P/E/G ratio of 2.05 and a beta of 1.83. Universal Forest Products, Inc. has a 52 week low of $25.93 and a 52 week high of $39.58. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.62 and a quick ratio of 1.40.

Universal Forest Products (NASDAQ:UFPI) last posted its earnings results on Tuesday, October 17th. The construction company reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.03. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $984.99 million. Universal Forest Products had a return on equity of 12.05% and a net margin of 2.85%. The company’s revenue for the quarter was up 27.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.45 EPS. equities research analysts expect that Universal Forest Products, Inc. will post 1.87 EPS for the current fiscal year.

The business also recently announced a semiannual dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.17 per share. This is a positive change from Universal Forest Products’s previous semiannual dividend of $0.15. This represents a dividend yield of 0.31%. The ex-dividend date of this dividend is Thursday, November 30th. Universal Forest Products’s payout ratio is presently 19.14%.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its position in shares of Universal Forest Products by 2.6% during the 2nd quarter. BlackRock Inc. now owns 3,268,039 shares of the construction company’s stock worth $285,334,000 after buying an additional 82,962 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Universal Forest Products by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 1,821,981 shares of the construction company’s stock valued at $159,077,000 after purchasing an additional 49,058 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Universal Forest Products by 2.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,596,582 shares of the construction company’s stock valued at $156,719,000 after purchasing an additional 38,595 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Universal Forest Products by 10.8% during the 2nd quarter. Franklin Resources Inc. now owns 549,212 shares of the construction company’s stock valued at $47,952,000 after purchasing an additional 53,700 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its holdings in shares of Universal Forest Products by 166.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 468,674 shares of the construction company’s stock valued at $46,005,000 after purchasing an additional 292,650 shares in the last quarter. Institutional investors own 26.71% of the company’s stock.

UFPI has been the subject of a number of research reports. Zacks Investment Research upgraded Universal Forest Products from a “hold” rating to a “strong-buy” rating and set a $41.67 price objective for the company in a research report on Monday, October 23rd. BMO Capital Markets began coverage on Universal Forest Products in a research report on Tuesday, October 17th. They set a “market perform” rating and a $36.67 target price for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. Universal Forest Products currently has a consensus rating of “Hold” and an average target price of $39.17.

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Universal Forest Products Company Profile

Universal Forest Products, Inc is a holding company. The Company, through its subsidiaries, supplies wood, wood composite and other products to three primary markets, such as retail, construction and industrial. Its segments include North, South, West, Alternative Materials, International, idX Holdings, Inc (idX) and Corporate divisions.

Insider Buying and Selling by Quarter for Universal Forest Products (NASDAQ:UFPI)

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