Wisconsin Capital Management LLC Purchases Shares of 1,000 Ubiquiti Inc. $UI

Wisconsin Capital Management LLC purchased a new stake in shares of Ubiquiti Inc. (NYSE:UI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,000 shares of the company’s stock, valued at approximately $553,000.

A number of other large investors have also made changes to their positions in UI. Blue Trust Inc. grew its stake in shares of Ubiquiti by 87.5% during the 4th quarter. Blue Trust Inc. now owns 45 shares of the company’s stock valued at $25,000 after purchasing an additional 21 shares during the period. Cherry Tree Wealth Management LLC bought a new stake in shares of Ubiquiti during the 3rd quarter valued at about $33,000. Quarry LP bought a new stake in shares of Ubiquiti during the 3rd quarter valued at about $34,000. Flagship Harbor Advisors LLC bought a new stake in shares of Ubiquiti during the 4th quarter valued at about $65,000. Finally, Westside Investment Management Inc. grew its stake in shares of Ubiquiti by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 102 shares of the company’s stock valued at $69,000 after purchasing an additional 51 shares during the period. 4.00% of the stock is currently owned by institutional investors.

Ubiquiti Trading Up 0.1%

Shares of NYSE:UI opened at $624.13 on Monday. The stock has a 50 day moving average of $862.64 and a 200 day moving average of $702.66. The company has a market cap of $37.77 billion, a PE ratio of 40.11 and a beta of 1.46. Ubiquiti Inc. has a 12-month low of $368.42 and a 12-month high of $1,099.99.

Ubiquiti (NYSE:UI) last announced its quarterly earnings data on Friday, May 8th. The company reported $3.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.41). Ubiquiti had a net margin of 30.43% and a return on equity of 95.62%. The company had revenue of $788.20 million for the quarter, compared to the consensus estimate of $814.30 million. The company’s revenue was up 18.7% on a year-over-year basis. Equities research analysts predict that Ubiquiti Inc. will post 14.04 earnings per share for the current fiscal year.

Ubiquiti Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Monday, May 18th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $3.20 dividend on an annualized basis and a yield of 0.5%. Ubiquiti’s payout ratio is currently 20.57%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Weiss Ratings upgraded Ubiquiti from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. Barclays boosted their price objective on Ubiquiti from $527.00 to $672.00 and gave the company an “underweight” rating in a research note on Monday, May 11th. Wall Street Zen downgraded Ubiquiti from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Zacks Research downgraded Ubiquiti from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, BWS Financial reiterated a “buy” rating and set a $980.00 price objective on shares of Ubiquiti in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Ubiquiti currently has an average rating of “Hold” and a consensus target price of $750.67.

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.