78,778 Shares in Unifi, Inc. $UFI Acquired by Marquette Asset Management LLC

Marquette Asset Management LLC bought a new stake in shares of Unifi, Inc. (NYSE:UFI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 78,778 shares of the textile maker’s stock, valued at approximately $374,000. Marquette Asset Management LLC owned 0.42% of Unifi at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UFI. Vanguard Group Inc. raised its position in 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 acquiring an additional 21,195 shares during the period. Neuberger Berman Group LLC grew its position 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 valued at $948,000 after acquiring an additional 27,158 shares during the period. Jane Street Group LLC increased its stake in shares of Unifi by 386.9% in the 4th quarter. Jane Street Group LLC now owns 58,311 shares of the textile maker’s stock worth $204,000 after purchasing an additional 46,336 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Unifi in the 4th quarter worth $116,000. Finally, Goldman Sachs Group Inc. bought a new position in Unifi in the 1st quarter worth $96,000. 67.67% of the stock is owned by hedge funds and other institutional investors.

Unifi Stock Performance

NYSE UFI opened at $6.97 on Tuesday. The firm has a market cap of $129.57 million, a price-to-earnings ratio of -15.49, a price-to-earnings-growth ratio of 6.66 and a beta of 0.69. The company has a quick ratio of 1.59, a current ratio of 3.12 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $5.33 and a 200-day moving average price of $4.38. Unifi, Inc. has a twelve month low of $2.96 and a twelve month high of $7.38.

Analyst Ratings Changes

UFI has been the subject of several recent research reports. Weiss Ratings raised Unifi from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, July 10th. Wall Street Zen raised Unifi to a “hold” rating in a research note on Sunday, July 12th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Unifi has an average rating of “Sell”.

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.