Boston Partners Sells 7,645 Shares of Unifi, Inc. $UFI

Boston Partners lowered its position in shares of Unifi, Inc. (NYSE:UFIFree Report) by 2.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 322,497 shares of the textile maker’s stock after selling 7,645 shares during the period. Boston Partners owned about 1.76% of Unifi worth $1,551,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Minerva Advisors LLC grew its stake in Unifi by 6.1% in the first quarter. Minerva Advisors LLC now owns 907,774 shares of the textile maker’s stock valued at $4,366,000 after purchasing an additional 52,533 shares during the last quarter. Pinnacle Associates Ltd. lifted its holdings in shares of Unifi by 4.8% during the first quarter. Pinnacle Associates Ltd. now owns 1,004,564 shares of the textile maker’s stock worth $4,832,000 after purchasing an additional 46,401 shares during the period. 22NW LP acquired a new stake in shares of Unifi during the fourth quarter worth about $1,461,000. Northern Trust Corp lifted its holdings in Unifi by 22.4% in the fourth quarter. Northern Trust Corp now owns 65,179 shares of the textile maker’s stock valued at $407,000 after acquiring an additional 11,919 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its holdings in Unifi by 53.3% in the fourth quarter. OneDigital Investment Advisors LLC now owns 23,000 shares of the textile maker’s stock valued at $144,000 after acquiring an additional 8,000 shares during the period. Hedge funds and other institutional investors own 67.67% of the company’s stock.

Unifi Stock Down 2.7%

Shares of UFI opened at $4.40 on Monday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.45 and a current ratio of 3.12. Unifi, Inc. has a one year low of $4.25 and a one year high of $7.91. The stock has a market capitalization of $80.79 million, a price-to-earnings ratio of -2.02 and a beta of 0.56. The stock has a 50 day moving average price of $4.80 and a 200 day moving average price of $5.01.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded Unifi from a “hold” rating to a “sell” rating in a research note on Thursday, May 8th.

Read Our Latest Analysis on UFI

Unifi Profile

(Free Report)

Unifi, Inc, together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns.

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Institutional Ownership by Quarter for Unifi (NYSE:UFI)

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