Universal Forest Products, Inc. (NASDAQ:UFPI) VP Charles Scott Greene sold 3,000 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $38.05, for a total value of $114,150.00. Following the transaction, the vice president now directly owns 9,894 shares of the company’s stock, valued at approximately $376,466.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

  • On Thursday, November 30th, Charles Scott Greene sold 3,000 shares of Universal Forest Products stock. The stock was sold at an average price of $39.05, for a total value of $117,150.00.

Universal Forest Products, Inc. (NASDAQ UFPI) traded down $0.76 during midday trading on Friday, hitting $36.70. The company had a trading volume of 325,400 shares, compared to its average volume of 364,429. Universal Forest Products, Inc. has a fifty-two week low of $25.93 and a fifty-two week high of $39.58. The company has a quick ratio of 1.40, a current ratio of 2.62 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2,291.58, a PE ratio of 21.08, a PEG ratio of 2.00 and a beta of 1.83.

Universal Forest Products (NASDAQ:UFPI) last posted its quarterly earnings data on Tuesday, October 17th. The construction company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.03. The business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $984.99 million. Universal Forest Products had a return on equity of 12.05% and a net margin of 2.85%. The firm’s revenue was up 27.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 EPS. sell-side analysts predict that Universal Forest Products, Inc. will post 1.87 earnings per share for the current fiscal year.

The company also recently declared a semiannual dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a $0.17 dividend. This is a boost from Universal Forest Products’s previous semiannual dividend of $0.15. The ex-dividend date is Thursday, November 30th. This represents a yield of 0.31%. Universal Forest Products’s dividend payout ratio is 19.14%.

Several equities analysts recently weighed in on UFPI shares. Zacks Investment Research raised Universal Forest Products from a “sell” rating to a “hold” rating in a research report on Tuesday, September 19th. BMO Capital Markets started coverage on Universal Forest Products in a research report on Tuesday, October 17th. They set a “market perform” rating and a $36.67 price objective for the company. Finally, BidaskClub cut Universal Forest Products from a “buy” rating to a “hold” rating in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $39.17.

A number of institutional investors have recently bought and sold shares of UFPI. Ladenburg Thalmann Financial Services Inc. raised its holdings in Universal Forest Products by 393.8% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,195 shares of the construction company’s stock valued at $117,000 after acquiring an additional 953 shares in the last quarter. Riverhead Capital Management LLC raised its holdings in Universal Forest Products by 77.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,598 shares of the construction company’s stock valued at $140,000 after acquiring an additional 698 shares in the last quarter. Flinton Capital Management LLC raised its holdings in Universal Forest Products by 68.6% in the 2nd quarter. Flinton Capital Management LLC now owns 1,652 shares of the construction company’s stock valued at $144,000 after acquiring an additional 672 shares in the last quarter. Optimum Investment Advisors acquired a new position in Universal Forest Products in the 2nd quarter valued at approximately $210,000. Finally, Verity Asset Management Inc. acquired a new position in Universal Forest Products in the 3rd quarter valued at approximately $219,000. 26.71% of the stock is owned by hedge funds and other institutional investors.

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About Universal Forest Products

Universal Forest Products, Inc is a holding company. The Company, through its subsidiaries, supplies wood, wood composite and other products to three primary markets, such as retail, construction and industrial. Its segments include North, South, West, Alternative Materials, International, idX Holdings, Inc (idX) and Corporate divisions.

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

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