Capital Impact Advisors LLC Raises Holdings in Ubiquiti Inc. $UI

Capital Impact Advisors LLC boosted its stake in shares of Ubiquiti Inc. (NYSE:UI) by 59.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,934 shares of the company’s stock after purchasing an additional 15,228 shares during the quarter. Ubiquiti makes up 1.8% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. Capital Impact Advisors LLC’s holdings in Ubiquiti were worth $22,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of UI. Wealth Enhancement Advisory Services LLC increased its holdings in Ubiquiti by 244.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 155,916 shares of the company’s stock worth $88,815,000 after purchasing an additional 110,632 shares during the period. M&T Bank Corp increased its holdings in Ubiquiti by 7,845.7% during the 4th quarter. M&T Bank Corp now owns 98,527 shares of the company’s stock worth $54,520,000 after purchasing an additional 97,287 shares during the period. Capital World Investors increased its holdings in Ubiquiti by 315.9% during the 3rd 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 increased its holdings in Ubiquiti by 47.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 163,960 shares of the company’s stock worth $108,309,000 after purchasing an additional 52,744 shares during the period. Finally, Norges Bank purchased a new stake in Ubiquiti during the 4th quarter worth about $28,527,000. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Analysts Set New Price Targets

UI has been the topic of several recent research reports. Zacks Research downgraded Ubiquiti from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. BWS Financial restated a “buy” rating and set a $980.00 price target on shares of Ubiquiti in a report on Monday, May 11th. Barclays upped their price target on Ubiquiti from $527.00 to $672.00 and gave the stock an “underweight” rating in a report on Monday, May 11th. Weiss Ratings downgraded Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Finally, Wall Street Zen downgraded Ubiquiti from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ubiquiti currently has a consensus rating of “Hold” and an average target price of $750.67.

Ubiquiti Stock Performance

UI opened at $562.09 on Thursday. Ubiquiti Inc. has a one year low of $368.42 and a one year high of $1,099.99. The company has a market cap of $34.02 billion, a P/E ratio of 36.12 and a beta of 1.29. The business’s 50-day simple moving average is $768.74 and its 200-day simple moving average is $694.57.

Ubiquiti (NYSE:UI) last released its quarterly earnings data on Friday, May 8th. The company reported $3.88 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 business had revenue of $788.20 million during the quarter, compared to analysts’ expectations of $814.30 million. The company’s quarterly revenue was up 18.7% on a year-over-year basis. As a group, analysts predict that Ubiquiti Inc. will post 14.82 earnings per share for the current fiscal year.

Ubiquiti Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Monday, May 18th were issued a $0.80 dividend. The ex-dividend date was Monday, May 18th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.6%. Ubiquiti’s dividend payout ratio is presently 20.57%.

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.