UniFirst Corp (NYSE:UNF) VP William Masters Ross sold 119 shares of the stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $153.00, for a total transaction of $18,207.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
William Masters Ross also recently made the following trade(s):
- On Monday, January 8th, William Masters Ross sold 125 shares of UniFirst stock. The shares were sold at an average price of $171.70, for a total transaction of $21,462.50.
Shares of UniFirst Corp (UNF) traded up $0.17 during midday trading on Wednesday, reaching $153.52. 6,138 shares of the company traded hands, compared to its average volume of 79,374. The company has a market capitalization of $3,131.61, a price-to-earnings ratio of 28.06, a PEG ratio of 2.85 and a beta of 0.64. UniFirst Corp has a fifty-two week low of $124.85 and a fifty-two week high of $176.15.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 9th will be paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.10%. The ex-dividend date is Thursday, March 8th. UniFirst’s dividend payout ratio is presently 4.03%.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Strs Ohio boosted its stake in UniFirst by 100.0% during the fourth quarter. Strs Ohio now owns 800 shares of the textile maker’s stock worth $131,000 after acquiring an additional 400 shares in the last quarter. Sei Investments Co. lifted its stake in shares of UniFirst by 26,600.0% in the third quarter. Sei Investments Co. now owns 1,068 shares of the textile maker’s stock valued at $162,000 after buying an additional 1,064 shares in the last quarter. Shelton Capital Management bought a new position in shares of UniFirst in the second quarter valued at $216,000. CIBC Asset Management Inc bought a new position in shares of UniFirst in the fourth quarter valued at $235,000. Finally, Amalgamated Bank lifted its stake in shares of UniFirst by 2.0% in the second quarter. Amalgamated Bank now owns 2,086 shares of the textile maker’s stock valued at $294,000 after buying an additional 40 shares in the last quarter. 72.97% of the stock is currently owned by institutional investors and hedge funds.
UNF has been the topic of several research analyst reports. Zacks Investment Research lowered shares of UniFirst from a “hold” rating to a “strong sell” rating in a research note on Saturday, October 21st. Northcoast Research reissued a “neutral” rating on shares of UniFirst in a research note on Thursday, October 19th. Finally, Robert W. Baird increased their target price on shares of UniFirst from $163.00 to $171.00 and gave the stock an “outperform” rating in a research note on Thursday, October 19th.
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UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments.
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