O Neil Global Advisors Inc. Purchases Shares of 1,286 Ubiquiti Inc. $UI

O Neil Global Advisors Inc. acquired a new position in shares of Ubiquiti Inc. (NYSE:UI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,286 shares of the company’s stock, valued at approximately $850,000.

Other large investors have also made changes to their positions 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 boosted its stake in Ubiquiti by 1,709.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 45,284 shares of the company’s stock worth $30,423,000 after buying an additional 42,781 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in 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 buying an additional 42,092 shares during the period. Rhumbline Advisers raised its stake in shares of Ubiquiti by 856.8% in the 2nd quarter. Rhumbline Advisers now owns 42,787 shares of the company’s stock valued at $17,613,000 after buying an additional 38,315 shares in the last quarter. Finally, Pacer Advisors Inc. raised its stake in shares of Ubiquiti by 40.3% in the 3rd quarter. Pacer Advisors Inc. now owns 105,858 shares of the company’s stock valued at $69,928,000 after buying an additional 30,420 shares in the last quarter. Institutional investors and hedge funds own 4.00% of the company’s stock.

Ubiquiti Trading Up 4.4%

NYSE UI opened at $750.16 on Monday. The firm has a market cap of $45.40 billion, a price-to-earnings ratio of 51.10 and a beta of 1.40. The company has a 50 day moving average of $592.42 and a 200-day moving average of $600.22. Ubiquiti Inc. has a 1-year low of $255.00 and a 1-year high of $803.59.

Ubiquiti (NYSE:UI) last announced its earnings results on Friday, February 6th. The company reported $3.88 EPS for the quarter, topping the consensus estimate of $3.08 by $0.80. Ubiquiti had a return on equity of 113.21% and a net margin of 29.90%.The business had revenue of $814.87 million for the quarter, compared to the consensus estimate of $716.95 million. During the same period in the previous year, the business earned $2.28 EPS. Ubiquiti’s revenue was up 35.8% compared to the same quarter last year. On average, analysts forecast that Ubiquiti Inc. will post 7.21 earnings per share for the current year.

Ubiquiti Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th will be paid a $0.80 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.4%. Ubiquiti’s dividend payout ratio (DPR) is 21.80%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Zacks Research raised shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. Barclays lifted their price objective on Ubiquiti from $455.00 to $527.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Ubiquiti in a research note on Monday, December 29th. BWS Financial restated a “buy” rating and set a $720.00 target price on shares of Ubiquiti in a research report on Monday, February 9th. Finally, Wall Street Zen lowered Ubiquiti from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $615.67.

Ubiquiti Profile

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.