Unifi, Inc. (NYSE:UFI) Director Robert J. Bishop acquired 5,742 shares of Unifi stock in a transaction that occurred on Thursday, November 30th. The stock was acquired at an average price of $36.53 per share, with a total value of $209,755.26. Following the completion of the acquisition, the director now directly owns 10,288 shares in the company, valued at approximately $375,820.64. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Unifi, Inc. (NYSE:UFI) traded up $0.08 during midday trading on Monday, reaching $36.21. The company had a trading volume of 36,513 shares, compared to its average volume of 67,422. Unifi, Inc. has a 52 week low of $26.02 and a 52 week high of $39.21. The company has a market cap of $660.03, a P/E ratio of 19.64 and a beta of 0.84. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.39 and a quick ratio of 1.83.
Unifi (NYSE:UFI) last released its quarterly earnings data on Monday, October 23rd. The textile maker reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. Unifi had a return on equity of 9.53% and a net margin of 4.98%. The company had revenue of $164.24 million during the quarter, compared to the consensus estimate of $163.42 million. During the same period last year, the company earned $0.51 EPS. Unifi’s revenue for the quarter was up 2.7% on a year-over-year basis. equities research analysts anticipate that Unifi, Inc. will post 1.98 EPS for the current year.
UFI has been the subject of several research analyst reports. CJS Securities initiated coverage on Unifi in a report on Wednesday, September 20th. They issued an “outperform” rating and a $42.00 price objective for the company. Zacks Investment Research upgraded Unifi from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 27th. Finally, ValuEngine downgraded Unifi from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th.
Several institutional investors have recently added to or reduced their stakes in the business. Texas Permanent School Fund grew its stake in shares of Unifi by 1.0% during the 2nd quarter. Texas Permanent School Fund now owns 11,175 shares of the textile maker’s stock valued at $344,000 after purchasing an additional 106 shares during the period. Rhumbline Advisers grew its stake in shares of Unifi by 1.0% during the 2nd quarter. Rhumbline Advisers now owns 30,539 shares of the textile maker’s stock valued at $941,000 after purchasing an additional 313 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Unifi by 3.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,053 shares of the textile maker’s stock valued at $402,000 after purchasing an additional 380 shares during the period. Thrivent Financial For Lutherans grew its stake in shares of Unifi by 6.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 9,210 shares of the textile maker’s stock valued at $284,000 after purchasing an additional 520 shares during the period. Finally, TIAA CREF Investment Management LLC grew its stake in shares of Unifi by 1.2% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 60,153 shares of the textile maker’s stock valued at $1,853,000 after purchasing an additional 734 shares during the period. Institutional investors and hedge funds own 78.30% of the company’s stock.
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Unifi Company Profile
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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