Ubiquiti Inc. $UI Shares Acquired by Vanguard Group Inc.

Key Points

• Vanguard Group increased its stake in Ubiquiti by 10.8% in Q3, acquiring 9,282 additional shares to hold 95,561 shares worth about $63.13 million.
• Ubiquiti posted a strong quarter, reporting EPS of $3.88 vs. $3.08 expected and revenue of $814.87M vs. $716.95M (up 35.8% year-over-year), with high ROE (113.21%) and a 29.9% net margin.
• The stock carries a consensus rating of “Moderate Buy” with a $615.67 average target; shares trade near $750, market cap about $45.4B, P/E ~51, and the company pays a $0.80 quarterly dividend (≈0.4% yield).

Vanguard Group Inc. boosted its position in Ubiquiti Inc. (NYSE:UI - Free Report) by 10.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,561 shares of the company's stock after acquiring an additional 9,282 shares during the quarter. Vanguard Group Inc. owned 0.16% of Ubiquiti worth $63,126,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Long Walk Management LP acquired a new stake in Ubiquiti during the second quarter worth about $28,480,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Ubiquiti by 1,709.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 45,284 shares of the company's stock valued at $30,423,000 after purchasing an additional 42,781 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of Ubiquiti by 380.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 53,158 shares of the company's stock valued at $21,882,000 after purchasing an additional 42,092 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Ubiquiti by 856.8% during the 2nd quarter. Rhumbline Advisers now owns 42,787 shares of the company's stock worth $17,613,000 after purchasing an additional 38,315 shares during the period. Finally, Pacer Advisors Inc. grew its holdings in shares of Ubiquiti by 40.3% during the 3rd quarter. Pacer Advisors Inc. now owns 105,858 shares of the company's stock worth $69,928,000 after purchasing an additional 30,420 shares during the period. Hedge funds and other institutional investors own 4.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on UI. Wall Street Zen upgraded shares of Ubiquiti from a "hold" rating to a "buy" rating in a report on Sunday, March 1st. Weiss Ratings reiterated a "hold (c+)" rating on shares of Ubiquiti in a research note on Monday, December 29th. Zacks Research raised shares of Ubiquiti from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 3rd. BWS Financial reissued a "buy" rating and issued a $720.00 target price on shares of Ubiquiti in a research note on Monday, February 9th. Finally, Barclays lifted their target price on shares of Ubiquiti from $455.00 to $527.00 and gave the company an "underweight" rating in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $615.67.

Ubiquiti Stock Performance

Shares of NYSE:UI opened at $750.15 on Friday. The business's 50-day simple moving average is $632.86 and its 200 day simple moving average is $620.16. The company has a market cap of $45.40 billion, a P/E ratio of 51.10 and a beta of 1.33. Ubiquiti Inc. has a one year low of $255.00 and a one year high of $803.59.

Ubiquiti (NYSE:UI - Get Free Report) last released its quarterly earnings results on Friday, February 6th. The company reported $3.88 earnings per share for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $716.95 million. During the same quarter in the prior year, the business earned $2.28 EPS. Ubiquiti's quarterly revenue was up 35.8% compared to the same quarter last year. Analysts predict that Ubiquiti Inc. will post 7.21 earnings per share for the current 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. The ex-dividend date was Tuesday, February 17th. This represents a $3.20 annualized dividend and a dividend yield of 0.4%. Ubiquiti's dividend 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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