Tudor Investment Corp ET AL Increases Stock Position in Ubiquiti Inc. $UI

Key Points

• Tudor Investment Corp ET AL boosted its stake in Ubiquiti by 2,268.1% in Q3, adding 19,415 shares to hold 20,271 shares worth about $13.39 million.
• Ubiquiti posted a strong quarter with EPS $3.88 vs. $3.08 expected, revenue of $814.9M (up 35.8% YoY), a 29.9% net margin and 113.2% return on equity.
• Shares trade near $841 (12‑month high $854) with a market cap of $50.9B; analysts have a consensus Moderate Buy rating and a $615.67 price target, meaning the stock currently trades well above the consensus PT.

Tudor Investment Corp ET AL boosted its position in Ubiquiti Inc. (NYSE:UI - Free Report) by 2,268.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,271 shares of the company's stock after acquiring an additional 19,415 shares during the period. Tudor Investment Corp ET AL's holdings in Ubiquiti were worth $13,391,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of UI. Cherry Tree Wealth Management LLC purchased a new stake in shares of Ubiquiti during the third quarter worth about $33,000. Quarry LP purchased a new position in Ubiquiti during the 3rd quarter valued at about $34,000. Exchange Traded Concepts LLC raised its position in Ubiquiti by 31.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 76 shares of the company's stock valued at $50,000 after purchasing an additional 18 shares during the last quarter. Westside Investment Management Inc. raised its position in Ubiquiti by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 102 shares of the company's stock valued at $69,000 after purchasing an additional 51 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Ubiquiti by 31.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 142 shares of the company's stock worth $94,000 after buying an additional 34 shares during the period. Hedge funds and other institutional investors own 4.00% of the company's stock.

Analyst Upgrades and Downgrades

UI has been the topic of a number of recent analyst reports. BWS Financial reiterated a "buy" rating and issued a $720.00 price objective on shares of Ubiquiti in a research report on Monday, February 9th. Weiss Ratings raised Ubiquiti from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, March 23rd. Barclays lifted their price target on shares of Ubiquiti from $455.00 to $527.00 and gave the company an "underweight" rating in a report on Friday, February 6th. Finally, Wall Street Zen raised shares of Ubiquiti from a "hold" rating to a "buy" rating in a research report on Sunday, March 1st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $615.67.

Ubiquiti Trading Up 0.0%

NYSE UI opened at $841.04 on Monday. Ubiquiti Inc. has a 12 month low of $255.00 and a 12 month high of $854.00. The stock's fifty day moving average price is $724.17 and its 200-day moving average price is $656.17. The stock has a market cap of $50.90 billion, a P/E ratio of 57.29 and a beta of 1.32.

Ubiquiti (NYSE:UI - Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.80. Ubiquiti had a return on equity of 113.21% and a net margin of 29.90%.The firm had revenue of $814.87 million during the quarter, compared to analyst estimates of $716.95 million. During the same quarter in the previous year, the firm earned $2.28 EPS. Ubiquiti's quarterly revenue was up 35.8% compared to the same quarter last year. As a group, analysts forecast that Ubiquiti Inc. will post 7.21 earnings per share for the current fiscal year.

Ubiquiti Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, February 17th. Ubiquiti's dividend payout ratio is currently 21.80%.

Ubiquiti Profile

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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