Unifi, Inc. $UFI Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its position in Unifi, Inc. (NYSE:UFI) by 15.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 530,678 shares of the textile maker’s stock after selling 96,712 shares during the period. Dimensional Fund Advisors LP’s holdings in Unifi were worth $1,895,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Minerva Advisors LLC raised its holdings in Unifi by 6.1% during the fourth quarter. Minerva Advisors LLC now owns 1,222,420 shares of the textile maker’s stock worth $4,278,000 after purchasing an additional 69,939 shares in the last quarter. Jane Street Group LLC lifted its position in Unifi by 386.9% in the fourth quarter. Jane Street Group LLC now owns 58,311 shares of the textile maker’s stock valued at $204,000 after purchasing an additional 46,336 shares during the period. Marshall Wace LLP purchased a new stake in Unifi in the 4th quarter valued at approximately $116,000. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in Unifi by 131.1% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 53,265 shares of the textile maker’s stock valued at $186,000 after purchasing an additional 30,214 shares in the last quarter. Finally, Neuberger Berman Group LLC increased its position in 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 purchasing an additional 27,158 shares during the period. 67.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Wall Street Zen raised Unifi to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings upgraded Unifi from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, July 10th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Unifi Stock Down 4.2%

Shares of NYSE UFI opened at $6.53 on Friday. The stock has a market capitalization of $121.30 million, a price-to-earnings ratio of -14.50, a price-to-earnings-growth ratio of 6.31 and a beta of 0.69. Unifi, Inc. has a 52 week low of $2.96 and a 52 week high of $7.38. The firm has a 50-day moving average price of $5.48 and a 200 day moving average price of $4.45. The company has a quick ratio of 1.59, a current ratio of 3.12 and a debt-to-equity ratio of 0.35.

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.