Virtu Financial LLC Invests $597,000 in Ubiquiti Inc. $UI

Virtu Financial LLC acquired a new stake in Ubiquiti Inc. (NYSE:UIFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,079 shares of the company’s stock, valued at approximately $597,000.

Other hedge funds also recently bought and sold shares of the company. Tudor Investment Corp ET AL grew its position in shares of Ubiquiti by 2,268.1% during the 3rd quarter. Tudor Investment Corp ET AL now owns 20,271 shares of the company’s stock valued at $13,391,000 after purchasing an additional 19,415 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Ubiquiti by 7,845.7% in the fourth 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. Jupiter Asset Management Ltd. purchased a new stake in shares of Ubiquiti in the third quarter worth $1,127,000. Vanguard Group Inc. raised its position in shares of Ubiquiti by 10.8% in the third quarter. Vanguard Group Inc. now owns 95,561 shares of the company’s stock worth $63,126,000 after buying an additional 9,282 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Ubiquiti by 244.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 155,916 shares of the company’s stock valued at $88,815,000 after buying an additional 110,632 shares during the period. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on UI

Ubiquiti Stock Performance

NYSE UI opened at $579.70 on Tuesday. Ubiquiti Inc. has a 52-week low of $370.34 and a 52-week high of $1,099.99. The company has a market capitalization of $35.08 billion, a P/E ratio of 37.26 and a beta of 1.30. The company has a fifty day moving average of $751.04 and a 200-day moving average of $694.95.

Ubiquiti (NYSE:UIGet Free Report) last released its earnings results on Friday, May 8th. The company reported $3.88 EPS for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.41). The firm had revenue of $788.20 million during the quarter, compared to the consensus estimate of $814.30 million. Ubiquiti had a net margin of 30.43% and a return on equity of 95.62%. Ubiquiti’s revenue was up 18.7% compared to the same quarter last year. As a group, analysts forecast that Ubiquiti Inc. will post 14.82 EPS for the current fiscal year.

Ubiquiti Announces Dividend

The company 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. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, May 18th. Ubiquiti’s dividend payout ratio is presently 20.57%.

Ubiquiti Profile

(Free Report)

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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Institutional Ownership by Quarter for Ubiquiti (NYSE:UI)

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