Hussman Strategic Advisors Inc. Purchases 4,200 Shares of Ubiquiti Inc. $UI

Hussman Strategic Advisors Inc. lifted its position in Ubiquiti Inc. (NYSE:UI) by 100.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,400 shares of the company’s stock after acquiring an additional 4,200 shares during the period. Ubiquiti accounts for approximately 1.1% of Hussman Strategic Advisors Inc.’s investment portfolio, making the stock its 3rd biggest holding. Hussman Strategic Advisors Inc.’s holdings in Ubiquiti were worth $4,648,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in UI. Wealth Enhancement Advisory Services LLC increased its position in shares of Ubiquiti by 244.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 155,916 shares of the company’s stock valued at $88,815,000 after acquiring an additional 110,632 shares during the period. M&T Bank Corp boosted its holdings in Ubiquiti by 7,845.7% in the fourth quarter. M&T Bank Corp now owns 98,527 shares of the company’s stock valued at $54,520,000 after purchasing an additional 97,287 shares during the last quarter. Capital World Investors boosted its holdings in Ubiquiti by 315.9% in the third quarter. Capital World Investors now owns 86,086 shares of the company’s stock valued at $56,867,000 after purchasing an additional 65,386 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Ubiquiti by 47.4% in 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 during the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in Ubiquiti by 380.4% in the second 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 last quarter. 4.00% of the stock is owned by institutional investors and hedge funds.

Ubiquiti Stock Performance

NYSE:UI opened at $1,022.07 on Friday. The firm’s fifty day moving average is $855.91 and its two-hundred day moving average is $698.71. Ubiquiti Inc. has a one year low of $335.40 and a one year high of $1,099.99. The firm has a market cap of $61.86 billion, a price-to-earnings ratio of 69.62 and a beta of 1.46.

Ubiquiti (NYSE:UI) last posted its earnings results on Friday, February 6th. The company reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.80. Ubiquiti had a net margin of 29.90% and a return on equity of 113.21%. 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 prior year, the company posted $2.28 EPS. The company’s revenue for the quarter was up 35.8% on a year-over-year basis. As a group, equities research analysts predict that Ubiquiti Inc. will post 14.04 earnings per share for the current fiscal year.

Ubiquiti Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, February 17th. Ubiquiti’s dividend payout ratio is presently 21.80%.

Wall Street Analyst Weigh In

UI has been the topic of several recent research reports. Zacks Research lowered shares of Ubiquiti from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. BWS Financial upped their price target on shares of Ubiquiti from $720.00 to $980.00 and gave the company a “buy” rating in a report on Monday, April 13th. Wall Street Zen lowered shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Barclays upped their price target on shares of Ubiquiti from $455.00 to $527.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Finally, Weiss Ratings raised shares of Ubiquiti from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Two investment 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’s stock. According to data from MarketBeat, Ubiquiti currently has an average rating of “Hold” and an average price target of $702.33.

Ubiquiti 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.