Capital Impact Advisors LLC lifted its holdings in shares of Ubiquiti Inc. (NYSE:UI – Free Report) by 11.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 25,706 shares of the company’s stock after acquiring an additional 2,650 shares during the period. Ubiquiti makes up about 3.8% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Capital Impact Advisors LLC’s holdings in Ubiquiti were worth $16,981,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in UI. Long Walk Management LP acquired a new position in Ubiquiti in the second quarter worth about $28,480,000. Capital World Investors lifted its stake in Ubiquiti by 315.9% during the third quarter. Capital World Investors now owns 86,086 shares of the company’s stock worth $56,867,000 after purchasing an additional 65,386 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Ubiquiti by 47.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 163,960 shares of the company’s stock valued at $108,309,000 after purchasing an additional 52,744 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Ubiquiti by 1,709.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 45,284 shares of the company’s stock valued at $30,423,000 after purchasing an additional 42,781 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of Ubiquiti by 380.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 53,158 shares of the company’s stock valued at $21,882,000 after purchasing an additional 42,092 shares during the period. 4.00% of the stock is currently owned by institutional investors and hedge funds.
Ubiquiti Price Performance
Shares of UI opened at $756.72 on Friday. The company has a market capitalization of $45.80 billion, a P/E ratio of 51.55 and a beta of 1.33. Ubiquiti Inc. has a one year low of $255.00 and a one year high of $803.59. The business’s 50 day simple moving average is $652.80 and its 200-day simple moving average is $631.91.
Ubiquiti Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th were paid a $0.80 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.4%. Ubiquiti’s dividend payout ratio (DPR) is 21.80%.
Analyst Ratings Changes
UI has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Ubiquiti in a report on Monday, December 29th. Wall Street Zen upgraded Ubiquiti from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. BWS Financial reiterated a “buy” rating and set a $720.00 price objective on shares of Ubiquiti in a research note on Monday, February 9th. Barclays lifted their price objective on Ubiquiti from $455.00 to $527.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Finally, Zacks Research upgraded shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $615.67.
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.
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