D. E. Shaw & Co. Inc. Sells 93,273 Shares of Unifi, Inc. (NYSE:UFI)

D. E. Shaw & Co. Inc. lowered its holdings in shares of Unifi, Inc. (NYSE:UFI - Free Report) by 40.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,269 shares of the textile maker's stock after selling 93,273 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.74% of Unifi worth $845,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in UFI. Minerva Advisors LLC grew its holdings in Unifi by 5.6% during the 4th quarter. Minerva Advisors LLC now owns 855,241 shares of the textile maker's stock valued at $5,345,000 after buying an additional 45,013 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Unifi by 3.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 703,151 shares of the textile maker's stock valued at $4,394,000 after buying an additional 25,156 shares in the last quarter. Peapod Lane Capital LLC purchased a new position in Unifi during the 4th quarter valued at approximately $3,191,000. 22NW LP purchased a new position in Unifi during the 4th quarter valued at approximately $1,461,000. Finally, Northern Trust Corp grew its holdings in Unifi by 22.4% during the 4th quarter. Northern Trust Corp now owns 65,179 shares of the textile maker's stock valued at $407,000 after buying an additional 11,919 shares in the last quarter. Hedge funds and other institutional investors own 67.67% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen cut Unifi from a "hold" rating to a "sell" rating in a report on Thursday, May 8th.

Unifi Trading Up 1.2%

UFI traded up $0.06 during trading on Tuesday, reaching $4.99. The company had a trading volume of 26,313 shares, compared to its average volume of 59,916. The stock has a market cap of $91.62 million, a P/E ratio of -2.73 and a beta of 0.63. The business has a 50 day simple moving average of $4.86 and a 200-day simple moving average of $5.41. Unifi, Inc. has a 52 week low of $4.25 and a 52 week high of $7.91. The company has a quick ratio of 1.46, a current ratio of 3.44 and a debt-to-equity ratio of 0.52.

Unifi (NYSE:UFI - Get Free Report) last released its earnings results on Wednesday, April 30th. The textile maker reported ($0.76) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.83) by $0.07. The firm had revenue of $146.56 million during the quarter, compared to analyst estimates of $145.28 million. Unifi had a negative net margin of 5.62% and a negative return on equity of 14.49%. On average, equities analysts anticipate that Unifi, Inc. will post -2.25 EPS for the current fiscal year.

Unifi Company Profile

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.