Ubiquiti Inc. $UI is Hussman Strategic Advisors Inc.'s 3rd Largest Position

Key Points

• Hussman Strategic Advisors doubled its stake in Ubiquiti in Q4 to 8,400 shares, making UI its 3rd largest holding at about 1.1% of the firm's portfolio and valued at $4.648 million.
• Ubiquiti reported a strong quarter, beating estimates with $3.88 EPS (vs. $3.08) and $814.9M revenue (vs. $717.0M), with revenue up 35.8% YoY, a 29.9% net margin and ROE of 113.21%.
• Despite recent strength and a market cap near $61.9B, analysts are mixed and the consensus price target of $702.33 is significantly below the current share price (~$1,022), reflecting divergent Buy/Hold/Sell views.

Hussman Strategic Advisors Inc. boosted its stake in shares of Ubiquiti Inc. (NYSE:UI - Free Report) by 100.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,400 shares of the company's stock after buying an additional 4,200 shares during the period. Ubiquiti accounts for about 1.1% of Hussman Strategic Advisors Inc.'s investment portfolio, making the stock its 3rd biggest holding. Hussman Strategic Advisors Inc.'s holdings in Ubiquiti were worth $4,648,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in Ubiquiti by 87.5% during the fourth quarter. Blue Trust Inc. now owns 45 shares of the company's stock worth $25,000 after buying an additional 21 shares during the period. Cherry Tree Wealth Management LLC acquired a new position in shares of Ubiquiti during the third quarter worth $33,000. Quarry LP acquired a new position in shares of Ubiquiti during the third quarter worth $34,000. Flagship Harbor Advisors LLC acquired a new position in shares of Ubiquiti during the fourth quarter worth $65,000. Finally, Westside Investment Management Inc. increased its position in shares of Ubiquiti by 100.0% during the third quarter. Westside Investment Management Inc. now owns 102 shares of the company's stock worth $69,000 after purchasing an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 4.00% of the company's stock.

Ubiquiti Price Performance

NYSE UI opened at $1,022.07 on Friday. The stock's fifty day moving average price is $855.91 and its 200 day moving average price is $698.71. Ubiquiti Inc. has a 1 year low of $335.40 and a 1 year high of $1,099.99. The company has a market cap of $61.86 billion, a price-to-earnings ratio of 69.62 and a beta of 1.46.

Ubiquiti (NYSE:UI - Get Free Report) last released its earnings results on Friday, February 6th. The company reported $3.88 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $716.95 million. During the same period in the prior year, the firm earned $2.28 EPS. The firm's revenue was up 35.8% on a year-over-year basis. Research analysts expect that Ubiquiti Inc. will post 14.04 earnings per share for the current year.

Ubiquiti Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. BWS Financial upped their price target on Ubiquiti from $720.00 to $980.00 and gave the stock a "buy" rating in a research report on Monday, April 13th. Zacks Research downgraded Ubiquiti from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 21st. Barclays upped their price target on Ubiquiti from $455.00 to $527.00 and gave the stock an "underweight" rating in a research report on Friday, February 6th. Wall Street Zen downgraded Ubiquiti from a "buy" rating to a "hold" rating in a research report on Monday, April 27th. Finally, Weiss Ratings raised Ubiquiti from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 23rd. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Ubiquiti currently has an average rating of "Hold" and a consensus price target of $702.33.

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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