Tudor Investment Corp ET AL Grows Stock Holdings in Ubiquiti Inc. $UI

Tudor Investment Corp ET AL raised its holdings in Ubiquiti Inc. (NYSE:UI) by 2,268.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 20,271 shares of the company’s stock after acquiring an additional 19,415 shares during the period. Tudor Investment Corp ET AL’s holdings in Ubiquiti were worth $13,391,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Cherry Tree Wealth Management LLC acquired a new stake in shares of Ubiquiti during the third quarter worth $33,000. Quarry LP acquired a new position in Ubiquiti in the third quarter valued at $34,000. Exchange Traded Concepts LLC lifted its position in Ubiquiti by 31.0% during the third quarter. Exchange Traded Concepts LLC now owns 76 shares of the company’s stock worth $50,000 after buying an additional 18 shares during the period. Westside Investment Management Inc. boosted its stake in Ubiquiti by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 102 shares of the company’s stock worth $69,000 after buying an additional 51 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Ubiquiti by 31.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 142 shares of the company’s stock worth $94,000 after buying an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Wall Street Analysts Forecast Growth

UI has been the subject of several recent analyst reports. Barclays lifted their price target on Ubiquiti from $455.00 to $527.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Zacks Research raised shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Ubiquiti in a report on Monday, December 29th. BWS Financial reaffirmed a “buy” rating and set a $720.00 price target on shares of Ubiquiti in a research note on Monday, February 9th. Finally, Wall Street Zen raised shares of Ubiquiti from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $615.67.

Ubiquiti Price Performance

Shares of NYSE:UI opened at $766.68 on Friday. The business has a 50-day moving average of $674.82 and a two-hundred day moving average of $640.73. The firm has a market capitalization of $46.40 billion, a PE ratio of 52.23 and a beta of 1.33. Ubiquiti Inc. has a 12 month low of $255.00 and a 12 month high of $810.00.

Ubiquiti (NYSE:UI) last released its quarterly earnings data on Friday, February 6th. The company reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.80. Ubiquiti had a return on equity of 113.21% and a net margin of 29.90%.The business had revenue of $814.87 million for the quarter, compared to analyst estimates of $716.95 million. During the same period in the previous year, the company posted $2.28 EPS. The company’s revenue was up 35.8% compared to the same quarter last year. As a group, research analysts anticipate that Ubiquiti Inc. will post 7.21 earnings per share for the current year.

Ubiquiti Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, February 23rd. Shareholders of record on Tuesday, February 17th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, February 17th. Ubiquiti’s payout ratio is 21.80%.

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.