Unifi, Inc. (NYSE:UFI) Director Robert J. Bishop purchased 24,462 shares of the stock in a transaction on Monday, February 12th. The shares were purchased at an average cost of $34.61 per share, for a total transaction of $846,629.82. Following the acquisition, the director now directly owns 10,288 shares of the company’s stock, valued at $356,067.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Unifi, Inc. (NYSE UFI) traded down $1.35 during trading hours on Monday, reaching $33.97. 97,725 shares of the company’s stock traded hands, compared to its average volume of 58,418. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.91 and a quick ratio of 2.18. Unifi, Inc. has a twelve month low of $26.36 and a twelve month high of $39.21. The stock has a market capitalization of $621.12, a P/E ratio of 15.87 and a beta of 0.78.
Unifi (NYSE:UFI) last issued its quarterly earnings results on Thursday, January 25th. The textile maker reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.04. Unifi had a net margin of 5.97% and a return on equity of 9.72%. The business had revenue of $167.50 million for the quarter, compared to the consensus estimate of $159.17 million. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. research analysts expect that Unifi, Inc. will post 1.95 EPS for the current year.
UFI has been the topic of several analyst reports. ValuEngine raised shares of Unifi from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research raised shares of Unifi from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th.
Several institutional investors have recently added to or reduced their stakes in UFI. SG Americas Securities LLC bought a new stake in shares of Unifi during the third quarter valued at approximately $114,000. Strs Ohio bought a new stake in shares of Unifi during the fourth quarter valued at approximately $125,000. UBS Asset Management Americas Inc. bought a new stake in shares of Unifi during the fourth quarter valued at approximately $201,000. Susquehanna International Group LLP bought a new stake in shares of Unifi during the second quarter valued at approximately $212,000. Finally, Crossmark Global Holdings Inc. bought a new stake in shares of Unifi during the third quarter valued at approximately $215,000. Hedge funds and other institutional investors own 78.51% of the company’s stock.
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Unifi, Inc is a manufacturing company. The Company processes and sells commodity yarns, specialized yarns and premier value-added (PVA) yarns. The Company operates through three segments: Polyester segment, Nylon segment and International segment. The Company’s polyester products include polyester polymer beads (Chip), partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns.
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