UniFirst Corp (NYSE:UNF) VP David Martin Katz sold 1,003 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $155.05, for a total value of $155,515.15. Following the sale, the vice president now directly owns 3,710 shares in the company, valued at approximately $575,235.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
David Martin Katz also recently made the following trade(s):
- On Monday, December 18th, David Martin Katz sold 1,060 shares of UniFirst stock. The stock was sold at an average price of $168.15, for a total value of $178,239.00.
UniFirst Corp (NYSE UNF) opened at $155.65 on Thursday. The company has a market capitalization of $3,154.94, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.87 and a beta of 0.64. UniFirst Corp has a twelve month low of $129.60 and a twelve month high of $176.15.
UniFirst (NYSE:UNF) last posted its earnings results on Wednesday, January 3rd. The textile maker reported $1.60 EPS for the quarter, beating the consensus estimate of $1.41 by $0.19. The firm had revenue of $415.80 million for the quarter, compared to analyst estimates of $404.60 million. UniFirst had a return on equity of 7.72% and a net margin of 4.69%. UniFirst’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.38 earnings per share. analysts anticipate that UniFirst Corp will post 5.41 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 9th will be issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.10%. The ex-dividend date is Thursday, March 8th. UniFirst’s dividend payout ratio (DPR) is presently 4.03%.
Separately, Zacks Investment Research raised UniFirst from a “hold” rating to a “buy” rating and set a $189.00 target price on the stock in a report on Tuesday, December 26th.
A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. increased its holdings in UniFirst by 3.2% in the fourth quarter. BlackRock Inc. now owns 1,948,654 shares of the textile maker’s stock valued at $321,334,000 after buying an additional 60,478 shares during the last quarter. Janus Henderson Group PLC increased its holdings in UniFirst by 5.6% in the third quarter. Janus Henderson Group PLC now owns 909,126 shares of the textile maker’s stock valued at $137,733,000 after buying an additional 48,162 shares during the last quarter. Victory Capital Management Inc. increased its holdings in UniFirst by 5.3% in the third quarter. Victory Capital Management Inc. now owns 586,882 shares of the textile maker’s stock valued at $88,912,000 after buying an additional 29,575 shares during the last quarter. State Street Corp increased its holdings in UniFirst by 4.4% in the second quarter. State Street Corp now owns 376,860 shares of the textile maker’s stock valued at $53,020,000 after buying an additional 15,909 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in UniFirst by 23.1% in the third quarter. Russell Investments Group Ltd. now owns 197,868 shares of the textile maker’s stock valued at $29,971,000 after buying an additional 37,150 shares during the last quarter. 71.97% of the stock is currently owned by hedge funds and other institutional investors.
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UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments.
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