Vanguard Group Inc. Raises Position in Ubiquiti Inc. $UI

Vanguard Group Inc. boosted its stake in Ubiquiti Inc. (NYSE:UI) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 96,943 shares of the company’s stock after buying an additional 1,382 shares during the period. Vanguard Group Inc. owned 0.16% of Ubiquiti worth $53,643,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of UI. Wealth Enhancement Advisory Services LLC lifted its holdings in Ubiquiti by 244.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 155,916 shares of the company’s stock worth $88,815,000 after buying an additional 110,632 shares during the period. M&T Bank Corp lifted its holdings in Ubiquiti by 7,845.7% in the fourth quarter. M&T Bank Corp now owns 98,527 shares of the company’s stock worth $54,520,000 after buying an additional 97,287 shares during the period. Capital World Investors lifted its holdings in Ubiquiti by 315.9% in the third quarter. Capital World Investors now owns 86,086 shares of the company’s stock worth $56,867,000 after buying an additional 65,386 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Ubiquiti by 47.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 163,960 shares of the company’s stock worth $108,309,000 after buying an additional 52,744 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in Ubiquiti by 380.4% in the second quarter. Qube Research & Technologies Ltd now owns 53,158 shares of the company’s stock worth $21,882,000 after buying an additional 42,092 shares during the period. 4.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on UI. Weiss Ratings upgraded shares of Ubiquiti from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. Wall Street Zen downgraded shares of Ubiquiti from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Zacks Research downgraded shares of Ubiquiti from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Barclays raised their target price on shares of Ubiquiti from $527.00 to $672.00 and gave the company an “underweight” rating in a research note on Monday. Finally, BWS Financial reaffirmed a “buy” rating and set a $980.00 target price on shares of Ubiquiti in a research note on Monday, May 11th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $750.67.

Ubiquiti Stock Performance

Shares of NYSE UI opened at $624.13 on Friday. Ubiquiti Inc. has a fifty-two week low of $368.42 and a fifty-two week high of $1,099.99. The company has a 50 day simple moving average of $862.64 and a two-hundred day simple moving average of $702.96. The company has a market capitalization of $37.77 billion, a price-to-earnings ratio of 40.11 and a beta of 1.46.

Ubiquiti (NYSE:UI) last announced its earnings results on Friday, May 8th. The company reported $3.88 earnings per share for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.41). Ubiquiti had a net margin of 30.43% and a return on equity of 95.62%. The business had revenue of $788.20 million for the quarter, compared to the consensus estimate of $814.30 million. The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year. On average, analysts forecast that Ubiquiti Inc. will post 14.04 earnings per share for the current fiscal year.

Ubiquiti Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Monday, May 18th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $3.20 annualized dividend and a dividend yield of 0.5%. Ubiquiti’s dividend payout ratio (DPR) is 20.57%.

About Ubiquiti

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.