Strategic Global Advisors LLC Purchases 3,339 Shares of Ubiquiti Inc. $UI

Strategic Global Advisors LLC increased its position in Ubiquiti Inc. (NYSE:UI) by 81.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,453 shares of the company’s stock after purchasing an additional 3,339 shares during the quarter. Strategic Global Advisors LLC’s holdings in Ubiquiti were worth $4,124,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Wealthspire Advisors LLC raised its holdings in shares of Ubiquiti by 3.3% in the 4th quarter. Wealthspire Advisors LLC now owns 506 shares of the company’s stock valued at $280,000 after purchasing an additional 16 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Ubiquiti by 7.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 256 shares of the company’s stock valued at $169,000 after purchasing an additional 17 shares during the period. Stratos Wealth Partners LTD. raised its holdings in shares of 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 purchasing an additional 19 shares during the period. Dimensional Fund Advisors LP raised its holdings 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 valued at $1,700,000 after purchasing an additional 20 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of 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 purchasing an additional 21 shares during the period. 4.00% of the stock is owned by institutional investors.

Ubiquiti Stock Down 0.2%

Shares of Ubiquiti stock opened at $587.70 on Monday. Ubiquiti Inc. has a twelve month low of $368.42 and a twelve month high of $1,099.99. The company has a 50-day simple moving average of $785.14 and a two-hundred day simple moving average of $694.75. The stock has a market capitalization of $35.57 billion, a price-to-earnings ratio of 37.77 and a beta of 1.30.

Ubiquiti (NYSE:UI) last issued 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 firm had revenue of $788.20 million during the quarter, compared to analyst estimates of $814.30 million. Ubiquiti had a net margin of 30.43% and a return on equity of 95.62%. The business’s revenue was up 18.7% on a year-over-year basis. 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 disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 18th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, May 18th. Ubiquiti’s dividend payout ratio is currently 20.57%.

Wall Street Analyst Weigh In

UI has been the subject of several research analyst reports. Zacks Research downgraded shares of Ubiquiti from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Wall Street Zen downgraded shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings downgraded shares of Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. BWS Financial reiterated a “buy” rating and issued a $980.00 price objective on shares of Ubiquiti in a research note on Monday, May 11th. Finally, Barclays lifted their price objective on shares of Ubiquiti from $527.00 to $672.00 and gave the stock an “underweight” rating in a research note on Monday, May 11th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Ubiquiti presently 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.