Hanseatic Management Services Inc. Invests $891,000 in Ubiquiti Inc. $UI

Hanseatic Management Services Inc. acquired a new stake in shares of Ubiquiti Inc. (NYSE:UI) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,128 shares of the company’s stock, valued at approximately $891,000.

Other hedge funds have also made changes to their positions in the company. Wealthspire Advisors LLC increased its stake in Ubiquiti by 3.3% during the fourth quarter. Wealthspire Advisors LLC now owns 506 shares of the company’s stock valued at $280,000 after acquiring an additional 16 shares during the period. Stratos Wealth Partners LTD. raised its holdings in Ubiquiti by 3.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 659 shares of the company’s stock valued at $365,000 after acquiring an additional 19 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of 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 acquiring an additional 20 shares during the period. Blue Trust Inc. lifted its position in shares of Ubiquiti by 87.5% in the 4th quarter. Blue Trust Inc. now owns 45 shares of the company’s stock worth $25,000 after acquiring an additional 21 shares during the period. Finally, Valeo Financial Advisors LLC grew its holdings in shares of Ubiquiti by 2.0% during 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. Institutional investors own 4.00% of the company’s stock.

Ubiquiti Trading Up 0.3%

UI stock opened at $545.69 on Friday. Ubiquiti Inc. has a 1-year low of $380.00 and a 1-year high of $1,099.99. The business’s 50 day moving average is $576.75 and its 200-day moving average is $690.20. The firm has a market cap of $33.03 billion, a P/E ratio of 35.07 and a beta of 1.31.

Ubiquiti (NYSE:UI) last posted its earnings results on Friday, May 8th. The company reported $3.88 EPS 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 the consensus estimate of $814.30 million. Ubiquiti had a return on equity of 95.62% and a net margin of 30.43%.The business’s revenue was up 18.7% on a year-over-year basis. Sell-side analysts forecast that Ubiquiti Inc. will post 14.82 EPS for the current year.

Ubiquiti Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Monday, May 18th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.6%. Ubiquiti’s dividend payout ratio (DPR) is presently 20.57%.

Analyst Ratings Changes

A number of research firms have recently issued reports on UI. BWS Financial restated a “buy” rating and set a $980.00 price objective on shares of Ubiquiti in a research report on Wednesday, July 8th. Barclays raised their target price on Ubiquiti from $527.00 to $672.00 and gave the stock an “underweight” rating in a research report on Monday, May 11th. Wall Street Zen lowered shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings lowered shares of Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Finally, Zacks Research upgraded shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $750.67.

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.