Eurizon Capital SGR S.p.A. bought a new position in Ubiquiti Inc. (NYSE:UI – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 908 shares of the company’s stock, valued at approximately $502,000.
Several other institutional investors and hedge funds have also bought and sold shares of the company. PNC Financial Services Group Inc. lifted its stake in Ubiquiti by 7.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 256 shares of the company’s stock worth $169,000 after purchasing an additional 17 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in Ubiquiti by 3.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 659 shares of the company’s stock worth $365,000 after purchasing an additional 19 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Ubiquiti by 0.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,574 shares of the company’s stock worth $1,700,000 after purchasing an additional 20 shares in the last quarter. Blue Trust Inc. lifted its stake in Ubiquiti by 87.5% in the 4th quarter. Blue Trust Inc. now owns 45 shares of the company’s stock worth $25,000 after purchasing an additional 21 shares in the last quarter. Finally, Valeo Financial Advisors LLC lifted its stake in Ubiquiti by 2.0% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,046 shares of the company’s stock worth $579,000 after purchasing an additional 21 shares in the last quarter. 4.00% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
UI has been the topic of several recent analyst reports. Zacks Research cut shares of Ubiquiti from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Weiss Ratings cut shares of Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Barclays increased their target price on shares of Ubiquiti from $527.00 to $672.00 and gave the stock an “underweight” rating in a research note on Monday, May 11th. Wall Street Zen cut shares of Ubiquiti from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, BWS Financial restated a “buy” rating and set a $980.00 price objective on shares of Ubiquiti in a research report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Ubiquiti has a consensus rating of “Hold” and a consensus price target of $750.67.
Ubiquiti Stock Performance
Ubiquiti stock opened at $574.17 on Thursday. The firm’s fifty day moving average price is $816.46 and its 200-day moving average price is $693.06. The stock has a market cap of $34.75 billion, a P/E ratio of 36.90 and a beta of 1.29. Ubiquiti Inc. has a fifty-two week low of $368.42 and a fifty-two week high of $1,099.99.
Ubiquiti (NYSE:UI – Get Free Report) last posted 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 for the quarter, compared to analysts’ expectations 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. On average, analysts predict 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 given a dividend of $0.80 per share. The ex-dividend date was Monday, May 18th. This represents a $3.20 annualized dividend and a dividend yield of 0.6%. Ubiquiti’s dividend payout ratio (DPR) is 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.
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