Marquette Asset Management LLC acquired a new stake in shares of Unifi, Inc. (NYSE:UFI – Free Report) in the second quarter, HoldingsChannel reports. The firm acquired 78,778 shares of the textile maker’s stock, valued at approximately $374,000.
Several other large investors have also recently made changes to their positions in UFI. Vanguard Group Inc. lifted its position in shares of Unifi by 3.0% in the third quarter. Vanguard Group Inc. now owns 730,812 shares of the textile maker’s stock worth $3,479,000 after buying an additional 21,195 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in shares of Unifi by 11.1% during the 4th quarter. Neuberger Berman Group LLC now owns 270,880 shares of the textile maker’s stock worth $948,000 after acquiring an additional 27,158 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Unifi by 386.9% during the 4th quarter. Jane Street Group LLC now owns 58,311 shares of the textile maker’s stock valued at $204,000 after acquiring an additional 46,336 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of Unifi in the fourth quarter valued at $116,000. Finally, Goldman Sachs Group Inc. bought a new stake in Unifi in the first quarter worth $96,000. 67.67% of the stock is owned by institutional investors.
Analysts Set New Price Targets
UFI has been the topic of a number of recent research reports. Wall Street Zen raised shares of Unifi to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings upgraded shares of Unifi from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, July 10th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Unifi has an average rating of “Sell”.
Unifi Stock Performance
NYSE:UFI opened at $6.97 on Tuesday. The firm has a market capitalization of $129.57 million, a PE ratio of -15.49, a PEG ratio of 6.66 and a beta of 0.69. The stock’s fifty day moving average is $5.33 and its 200 day moving average is $4.38. Unifi, Inc. has a fifty-two week low of $2.96 and a fifty-two week high of $7.38. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.59 and a current ratio of 3.12.
About Unifi
Unifi, Inc (NYSE: UFI) is a global manufacturer of polyester and nylon textured yarns and fibers, specializing in both virgin and recycled synthetic materials. Headquartered in Greensboro, North Carolina, the company serves a diverse range of end markets including apparel, athleisure, home furnishings, automotive and industrial applications. Unifi’s vertically integrated operations encompass polymer extrusion, spinning, texturing, and finishing processes designed to meet the performance and aesthetic requirements of its customers.
A key differentiator for Unifi is its REPREVE® brand, a family of certified recycled performance fibers made from post‐consumer plastic bottles and other waste streams.
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