Militia Capital Management LLC acquired a new position in Ubiquiti Inc. (NYSE:UI – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,000 shares of the company’s stock, valued at approximately $1,581,000.
Several other large investors have also recently bought and sold shares of UI. Blue Trust Inc. boosted its position in Ubiquiti by 87.5% in the 4th quarter. Blue Trust Inc. now owns 45 shares of the company’s stock valued at $25,000 after buying an additional 21 shares during the last quarter. Vision Retirement LLC bought a new stake in shares of Ubiquiti during the first quarter worth $25,000. Quarry LP bought a new stake in shares of Ubiquiti during the third quarter worth $34,000. CIBC Private Wealth Group LLC lifted its stake in shares of Ubiquiti by 238.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 71 shares of the company’s stock valued at $39,000 after acquiring an additional 50 shares during the period. Finally, Cherry Tree Wealth Management LLC boosted its holdings in Ubiquiti by 50.0% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 75 shares of the company’s stock valued at $42,000 after acquiring an additional 25 shares during the last quarter. Institutional investors and hedge funds own 4.00% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on UI. Weiss Ratings lowered Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Barclays upped their target price on shares of Ubiquiti from $527.00 to $672.00 and gave the company an “underweight” rating in a research report on Monday, May 11th. Zacks Research raised shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. BWS Financial reiterated a “buy” rating and set a $980.00 price target on shares of Ubiquiti in a research report on Wednesday, July 8th. Finally, Wall Street Zen downgraded shares of Ubiquiti from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $750.67.
Ubiquiti Stock Up 0.2%
NYSE:UI opened at $557.67 on Monday. Ubiquiti Inc. has a 12-month low of $380.00 and a 12-month high of $1,099.99. The stock’s fifty day simple moving average is $556.27 and its 200-day simple moving average is $689.15. The firm has a market capitalization of $33.75 billion, a P/E ratio of 35.84 and a beta of 1.31.
Ubiquiti (NYSE:UI – Get Free Report) 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 company had revenue of $788.20 million during the quarter, compared to the consensus estimate of $814.30 million. The company’s revenue was up 18.7% compared to the same quarter last year. As a group, equities research analysts expect that Ubiquiti Inc. will post 14.82 earnings per share for the current year.
Ubiquiti Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 18th were given 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 (DPR) is currently 20.57%.
About Ubiquiti
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.
Recommended Stories
- Five stocks we like better than Ubiquiti
- 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story
- AbbVie Quietly Solved Its Biggest Problem—Now What?
- Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade
- Strategy’s Structural Strength: Hidden in a $8 Billion Illusion
Want to see what other hedge funds are holding UI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ubiquiti Inc. (NYSE:UI – Free Report).
Receive News & Ratings for Ubiquiti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ubiquiti and related companies with MarketBeat.com's FREE daily email newsletter.
