Capital World Investors Boosts Stock Position in Ubiquiti Inc. $UI

Capital World Investors increased its stake in Ubiquiti Inc. (NYSE:UI) by 16.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 100,056 shares of the company’s stock after buying an additional 13,970 shares during the period. Capital World Investors owned 0.17% of Ubiquiti worth $55,366,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Los Angeles Capital Management LLC grew its stake in shares of Ubiquiti by 1,066.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 10,010 shares of the company’s stock worth $5,539,000 after buying an additional 9,152 shares during the last quarter. Havemeyer Place LP purchased a new stake in shares of Ubiquiti in the 4th quarter worth approximately $67,000. Vise Technologies Inc. grew its stake in shares of Ubiquiti by 55.3% in the 4th quarter. Vise Technologies Inc. now owns 747 shares of the company’s stock worth $413,000 after buying an additional 266 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of Ubiquiti by 2.7% in the 4th quarter. CIBC Asset Management Inc now owns 1,964 shares of the company’s stock worth $1,087,000 after buying an additional 52 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Ubiquiti by 10.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 60,087 shares of the company’s stock valued at $33,249,000 after acquiring an additional 5,688 shares in the last quarter. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on UI shares. BWS Financial reaffirmed a “buy” rating and issued a $980.00 price objective on shares of Ubiquiti in a research report on Monday, May 11th. Weiss Ratings cut Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Zacks Research cut Ubiquiti from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Wall Street Zen cut Ubiquiti from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Barclays upped their price objective on Ubiquiti from $527.00 to $672.00 and gave the company an “underweight” rating in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $750.67.

Ubiquiti Stock Performance

Shares of Ubiquiti stock opened at $564.23 on Wednesday. Ubiquiti Inc. has a one year low of $368.42 and a one year high of $1,099.99. The stock’s fifty day moving average is $797.57 and its 200 day moving average is $693.89. The stock has a market cap of $34.15 billion, a P/E ratio of 36.26 and a beta of 1.29.

Ubiquiti (NYSE:UI) last announced its earnings results on Friday, May 8th. The company reported $3.88 EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 95.62% and a net margin of 30.43%.The firm’s quarterly revenue was up 18.7% on a year-over-year basis. Analysts predict that Ubiquiti Inc. will post 14.82 EPS for the current year.

Ubiquiti Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 18th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, May 18th. Ubiquiti’s dividend payout ratio is currently 20.57%.

About Ubiquiti

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.