UniFirst Corp (NYSE:UNF) VP William Masters Ross sold 131 shares of the company’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $155.25, for a total transaction of $20,337.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
William Masters Ross also recently made the following trade(s):
- On Wednesday, February 7th, William Masters Ross sold 119 shares of UniFirst stock. The stock was sold at an average price of $153.00, for a total value of $18,207.00.
- On Monday, January 8th, William Masters Ross sold 125 shares of UniFirst stock. The stock was sold at an average price of $171.70, for a total value of $21,462.50.
Shares of UniFirst Corp (UNF) traded down $1.25 during trading hours on Wednesday, hitting $159.40. The stock had a trading volume of 33,652 shares, compared to its average volume of 64,176. The stock has a market cap of $3,287.83, a PE ratio of 43.19, a P/E/G ratio of 3.00 and a beta of 0.68. UniFirst Corp has a 1-year low of $131.50 and a 1-year high of $176.15.
UniFirst (NYSE:UNF) last released its quarterly earnings results on Wednesday, January 3rd. The textile maker reported $1.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.19. The firm had revenue of $415.80 million during the quarter, compared to analysts’ expectations of $404.60 million. UniFirst had a return on equity of 7.72% and a net margin of 4.69%. UniFirst’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.38 EPS. equities analysts predict that UniFirst Corp will post 5.41 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 9th will be issued a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.09%. The ex-dividend date is Thursday, March 8th. UniFirst’s dividend payout ratio is presently 4.03%.
A number of analysts have recently issued reports on the company. Zacks Investment Research cut UniFirst from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. ValuEngine upgraded UniFirst from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $180.00.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UNF. Strs Ohio boosted its holdings in UniFirst by 100.0% in the 4th quarter. Strs Ohio now owns 800 shares of the textile maker’s stock worth $131,000 after acquiring an additional 400 shares during the period. Robecosam AG purchased a new position in UniFirst in the 4th quarter worth approximately $144,000. Sei Investments Co. boosted its holdings in UniFirst by 26,600.0% in the 3rd quarter. Sei Investments Co. now owns 1,068 shares of the textile maker’s stock worth $162,000 after acquiring an additional 1,064 shares during the period. CIBC Asset Management Inc purchased a new position in UniFirst in the 4th quarter worth approximately $235,000. Finally, Xact Kapitalforvaltning AB purchased a new position in UniFirst in the 4th quarter worth approximately $293,000. Hedge funds and other institutional investors own 73.95% of the company’s stock.
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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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