Capital World Investors Purchases 13,970 Shares of Ubiquiti Inc. $UI

Capital World Investors raised its holdings in shares of Ubiquiti Inc. (NYSE:UI) by 16.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,056 shares of the company’s stock after acquiring an additional 13,970 shares during the quarter. Capital World Investors’ holdings in Ubiquiti were worth $55,366,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of UI. Wealth Enhancement Advisory Services LLC raised its holdings 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 acquiring an additional 110,632 shares during the period. M&T Bank Corp raised its holdings in Ubiquiti by 7,845.7% during the fourth quarter. M&T Bank Corp now owns 98,527 shares of the company’s stock valued at $54,520,000 after acquiring an additional 97,287 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Ubiquiti by 47.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 163,960 shares of the company’s stock valued at $108,309,000 after acquiring an additional 52,744 shares during the period. Norges Bank bought a new stake in Ubiquiti during the fourth quarter valued at about $28,527,000. Finally, Qube Research & Technologies Ltd raised its holdings in Ubiquiti by 380.4% during the second quarter. Qube Research & Technologies Ltd now owns 53,158 shares of the company’s stock valued at $21,882,000 after acquiring an additional 42,092 shares during the period. 4.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

UI has been the topic of a number of recent analyst reports. Zacks Research cut Ubiquiti from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. BWS Financial reissued a “buy” rating and set a $980.00 price target on shares of Ubiquiti 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. Weiss Ratings cut Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Finally, Barclays raised their price target on Ubiquiti from $527.00 to $672.00 and gave the company an “underweight” rating in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ubiquiti currently has an average rating of “Hold” and an average target price of $750.67.

Ubiquiti Trading Down 1.5%

UI opened at $564.23 on Wednesday. The firm has a market cap of $34.15 billion, a P/E ratio of 36.26 and a beta of 1.29. Ubiquiti Inc. has a 12 month low of $368.42 and a 12 month high of $1,099.99. The stock has a 50-day moving average of $797.57 and a 200 day moving average of $693.89.

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

Ubiquiti Announces Dividend

The business 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. The ex-dividend date was Monday, May 18th. This represents a $3.20 annualized dividend and a yield of 0.6%. 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.