Concurrent Investment Advisors LLC Invests $5.37 Million in Ubiquiti Inc. $UI

Key Points

• Concurrent Investment Advisors LLC opened a new position in Ubiquiti Inc. in Q4, buying 9,709 shares worth approximately $5.37 million.
• Ubiquiti reported a Q4 beat—EPS of $3.88 vs. $3.08 expected and revenue of $814.9M (up 35.8% YoY)—but analysts remain mixed, with a consensus "Hold" and a target price of $702.33 while the stock trades near $1,031 (P/E ~70).

Concurrent Investment Advisors LLC purchased a new position in Ubiquiti Inc. (NYSE:UI - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 9,709 shares of the company's stock, valued at approximately $5,372,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Quent Long Short Global Small Cap Fund LP bought a new position in Ubiquiti during the fourth quarter worth about $305,000. M&T Bank Corp lifted 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 worth $54,520,000 after acquiring an additional 97,287 shares in the last quarter. Oxinas Partners LLC lifted its holdings in Ubiquiti by 12.9% during the fourth quarter. Oxinas Partners LLC now owns 875 shares of the company's stock worth $484,000 after acquiring an additional 100 shares in the last quarter. Private Trust Co. NA lifted its holdings in Ubiquiti by 150.0% during the fourth quarter. Private Trust Co. NA now owns 200 shares of the company's stock worth $111,000 after acquiring an additional 120 shares in the last quarter. Finally, CWM LLC lifted its holdings in Ubiquiti by 6.8% during the fourth quarter. CWM LLC now owns 2,947 shares of the company's stock worth $1,631,000 after acquiring an additional 188 shares in the last quarter. 4.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on UI. Wall Street Zen lowered Ubiquiti from a "buy" rating to a "hold" rating in a report on Monday. Barclays lifted their target price on Ubiquiti from $455.00 to $527.00 and gave the stock an "underweight" rating in a report on Friday, February 6th. Zacks Research lowered Ubiquiti from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 21st. BWS Financial lifted their target price on Ubiquiti from $720.00 to $980.00 and gave the stock a "buy" rating in a report on Monday, April 13th. Finally, Weiss Ratings upgraded Ubiquiti from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 23rd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $702.33.

Ubiquiti Price Performance

Shares of Ubiquiti stock opened at $1,031.33 on Monday. The firm has a market cap of $62.42 billion, a price-to-earnings ratio of 70.25 and a beta of 1.32. The stock's 50-day moving average is $833.55 and its 200-day moving average is $690.12. Ubiquiti Inc. has a one year low of $307.51 and a one year high of $1,099.99.

Ubiquiti (NYSE:UI - Get Free Report) last issued its quarterly earnings results on Friday, February 6th. The company reported $3.88 EPS for the quarter, beating analysts' consensus estimates of $3.08 by $0.80. The company had revenue of $814.87 million for the quarter, compared to analyst estimates of $716.95 million. Ubiquiti had a return on equity of 113.21% and a net margin of 29.90%.The company's quarterly revenue was up 35.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.28 earnings per share. On average, equities analysts expect that Ubiquiti Inc. will post 14.04 EPS for the current year.

Ubiquiti Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Tuesday, February 17th. Ubiquiti's payout ratio is 21.80%.

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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