Universal Forest Products (NASDAQ:UFPI) VP Charles Scott Greene sold 7,095 shares of the stock in a transaction dated Friday, March 16th. The shares were sold at an average price of $33.62, for a total value of $238,533.90. Following the completion of the transaction, the vice president now owns 9,383 shares of the company’s stock, valued at $315,456.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Charles Scott Greene also recently made the following trade(s):

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  • On Tuesday, March 13th, Charles Scott Greene sold 5,695 shares of Universal Forest Products stock. The shares were sold at an average price of $33.59, for a total value of $191,295.05.

Universal Forest Products stock opened at $33.42 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.85 and a quick ratio of 1.33. The company has a market capitalization of $2,048.48, a PE ratio of 18.13, a price-to-earnings-growth ratio of 2.85 and a beta of 1.80. Universal Forest Products has a 1 year low of $25.93 and a 1 year high of $39.58.

Universal Forest Products (NASDAQ:UFPI) last posted its earnings results on Thursday, February 22nd. The construction company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.03). The firm had revenue of $966.09 million during the quarter, compared to the consensus estimate of $970.05 million. Universal Forest Products had a net margin of 3.03% and a return on equity of 12.10%. Universal Forest Products’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.34 earnings per share. equities research analysts anticipate that Universal Forest Products will post 2.35 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Universal Forest Products by 370.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,942 shares of the construction company’s stock worth $111,000 after acquiring an additional 2,316 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Universal Forest Products by 393.8% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,195 shares of the construction company’s stock worth $117,000 after acquiring an additional 953 shares during the last quarter. Delta Asset Management LLC TN raised its position in shares of Universal Forest Products by 200.0% during the fourth quarter. Delta Asset Management LLC TN now owns 4,758 shares of the construction company’s stock worth $179,000 after acquiring an additional 3,172 shares during the last quarter. Synovus Financial Corp bought a new position in shares of Universal Forest Products during the fourth quarter worth about $207,000. Finally, Elkfork Partners LLC bought a new position in shares of Universal Forest Products during the fourth quarter worth about $209,000. Hedge funds and other institutional investors own 80.71% of the company’s stock.

UFPI has been the subject of several research reports. Zacks Investment Research downgraded Universal Forest Products from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 19th. BidaskClub downgraded Universal Forest Products from a “hold” rating to a “sell” rating in a research report on Friday, January 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $38.33.

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About Universal Forest Products

Universal Forest Products, Inc, through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. The company offers preserved and unpreserved dimensional lumber; outdoor living products, including wood composite decking, and decorative lawn and garden products; and engineered wood components, which include roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages.

Insider Buying and Selling by Quarter for Universal Forest Products (NASDAQ:UFPI)

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