Wisconsin Capital Management LLC purchased a new position in Ubiquiti Inc. (NYSE:UI – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,000 shares of the company’s stock, valued at approximately $553,000.
A number of other large investors also recently added to or reduced their stakes in UI. Blue Trust Inc. lifted its holdings in Ubiquiti by 87.5% in the 4th quarter. Blue Trust Inc. now owns 45 shares of the company’s stock worth $25,000 after purchasing an additional 21 shares in the last quarter. Cherry Tree Wealth Management LLC purchased a new stake in shares of Ubiquiti during the 3rd quarter worth approximately $33,000. Quarry LP purchased a new stake in shares of Ubiquiti during the 3rd quarter worth approximately $34,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Ubiquiti during the 4th quarter worth approximately $65,000. Finally, Westside Investment Management Inc. raised its holdings in shares of Ubiquiti by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 102 shares of the company’s stock worth $69,000 after acquiring an additional 51 shares in the last quarter. 4.00% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on UI. BWS Financial reaffirmed a “buy” rating and set a $980.00 price objective on shares of Ubiquiti in a report on Monday, May 11th. Barclays upped their price objective on Ubiquiti from $527.00 to $672.00 and gave the stock an “underweight” rating in a report on Monday, May 11th. Wall Street Zen cut Ubiquiti from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Zacks Research cut Ubiquiti from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings raised Ubiquiti from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $750.67.
Ubiquiti Stock Performance
NYSE:UI opened at $624.13 on Monday. The stock’s fifty day moving average is $862.64 and its 200 day moving average is $702.66. Ubiquiti Inc. has a fifty-two week low of $368.42 and a fifty-two week high of $1,099.99. The firm has a market capitalization of $37.77 billion, a PE ratio of 40.11 and a beta of 1.46.
Ubiquiti (NYSE:UI – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The company reported $3.88 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $814.30 million. The business’s revenue was up 18.7% on a year-over-year basis. Equities analysts forecast that Ubiquiti Inc. will post 14.04 EPS for the current year.
Ubiquiti Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Monday, May 18th will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, May 18th. Ubiquiti’s dividend payout ratio is presently 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.
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