11,159 Shares in Ubiquiti Inc. $UI Purchased by Cvfg LLC

Cvfg LLC acquired a new position in shares of Ubiquiti Inc. (NYSE:UI) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 11,159 shares of the company’s stock, valued at approximately $8,819,000. Ubiquiti makes up approximately 1.1% of Cvfg LLC’s investment portfolio, making the stock its 22nd largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthspire Advisors LLC lifted its position in shares of Ubiquiti by 3.3% during the 4th quarter. Wealthspire Advisors LLC now owns 506 shares of the company’s stock worth $280,000 after buying an additional 16 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings 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 acquiring an additional 19 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Ubiquiti by 0.8% in the third 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. grew its stake in Ubiquiti by 87.5% in the 4th quarter. Blue Trust Inc. now owns 45 shares of the company’s stock valued at $25,000 after buying an additional 21 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its stake 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 valued at $579,000 after purchasing an additional 21 shares during the period. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Ubiquiti Price Performance

Shares of NYSE:UI opened at $524.42 on Wednesday. The company has a market capitalization of $31.74 billion, a PE ratio of 33.70 and a beta of 1.31. Ubiquiti Inc. has a 1-year low of $380.00 and a 1-year high of $1,099.99. The business has a fifty day moving average price of $645.62 and a 200-day moving average price of $692.51.

Ubiquiti (NYSE:UI) last posted its quarterly 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 firm 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 company’s revenue for the quarter was up 18.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Ubiquiti Inc. will post 14.82 earnings per share for the current fiscal year.

Ubiquiti Dividend Announcement

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

Ubiquiti Company 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.