D. E. Shaw & Co. Inc. lessened its position in shares of Unifi, Inc. (NYSE:UFI) by 26.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 36,063 shares of the textile maker’s stock after selling 13,135 shares during the quarter. D. E. Shaw & Co. Inc.’s holdings in Unifi were worth $824,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Mercer Capital Advisers Inc. increased its position in Unifi by 41.7% during the 4th quarter. Mercer Capital Advisers Inc. now owns 1,700 shares of the textile maker’s stock valued at $39,000 after purchasing an additional 500 shares during the period. Principal Financial Group Inc. increased its position in Unifi by 0.8% during the 4th quarter. Principal Financial Group Inc. now owns 117,903 shares of the textile maker’s stock valued at $2,693,000 after purchasing an additional 941 shares during the period. Mycio Wealth Partners LLC increased its position in Unifi by 8.0% during the 4th quarter. Mycio Wealth Partners LLC now owns 13,500 shares of the textile maker’s stock valued at $308,000 after purchasing an additional 1,000 shares during the period. California Public Employees Retirement System increased its position in Unifi by 2.4% during the 4th quarter. California Public Employees Retirement System now owns 54,930 shares of the textile maker’s stock valued at $1,255,000 after purchasing an additional 1,285 shares during the period. Finally, Arizona State Retirement System increased its position in Unifi by 6.4% during the 4th quarter. Arizona State Retirement System now owns 22,365 shares of the textile maker’s stock valued at $511,000 after purchasing an additional 1,352 shares during the period. 82.49% of the stock is owned by institutional investors and hedge funds.

UFI has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of Unifi from a “sell” rating to a “hold” rating in a research report on Tuesday, January 1st. ValuEngine downgraded shares of Unifi from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. Finally, Sidoti downgraded shares of Unifi from a “buy” rating to a “neutral” rating in a research report on Friday, March 22nd.

In related news, Director Kenneth G. Langone acquired 20,000 shares of Unifi stock in a transaction dated Wednesday, February 6th. The stock was bought at an average price of $20.93 per share, with a total value of $418,600.00. Following the transaction, the director now directly owns 1,150,000 shares in the company, valued at approximately $24,069,500. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Richard Gerstein acquired 5,000 shares of Unifi stock in a transaction dated Wednesday, February 6th. The shares were bought at an average cost of $20.85 per share, with a total value of $104,250.00. Following the transaction, the insider now owns 36,449 shares in the company, valued at $759,961.65. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 64,195 shares of company stock valued at $1,406,480. Insiders own 22.41% of the company’s stock.

Shares of UFI stock opened at $19.26 on Thursday. The company has a market cap of $365.69 million, a PE ratio of 14.59 and a beta of 0.78. Unifi, Inc. has a 52 week low of $17.83 and a 52 week high of $38.65. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.73 and a quick ratio of 1.86.

Unifi (NYSE:UFI) last announced its quarterly earnings data on Monday, February 4th. The textile maker reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.04. The company had revenue of $167.71 million during the quarter, compared to the consensus estimate of $166.80 million. Unifi had a net margin of 2.00% and a return on equity of 2.21%. On average, sell-side analysts expect that Unifi, Inc. will post 0.57 earnings per share for the current fiscal year.

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Unifi Company Profile

Unifi, Inc, together with its subsidiaries, manufactures and sells synthetic and recycled products made from polyester and nylon in the United States, Brazil, China, and internationally. The company operates in three segments: Polyester, Nylon, and International. The Polyester segment manufactures and sells polyester plastic bottle flakes, polymer beads, partially oriented yarns, textured, solution and package dyed, twisted, beamed, and draw wound yarns to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets.

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Institutional Ownership by Quarter for Unifi (NYSE:UFI)

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