Unique Fabricating Inc (UFAB) To Go Ex-Dividend on November 28th
Unique Fabricating Inc (NYSEMKT:UFAB) declared a quarterly dividend on Wednesday, November 16th. Stockholders of record on Wednesday, November 30th will be given a dividend of 0.15 per share on Wednesday, December 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Monday, November 28th.
Unique Fabricating (NYSEMKT:UFAB) opened at 14.58 on Wednesday. Unique Fabricating has a 1-year low of $9.03 and a 1-year high of $15.93. The stock’s 50 day moving average price is $12.99 and its 200-day moving average price is $13.15. The company has a market cap of $141.43 million and a PE ratio of 30.89.
Unique Fabricating (NYSEMKT:UFAB) last issued its quarterly earnings results on Tuesday, November 15th. The company reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.01. The company had revenue of $44.80 million for the quarter, compared to analysts’ expectations of $44.46 million. On average, analysts forecast that Unique Fabricating will post $0.88 earnings per share for the current year.
UFAB has been the topic of a number of research reports. Zacks Investment Research lowered shares of Unique Fabricating from a “hold” rating to a “sell” rating in a research note on Wednesday, September 7th. B. Riley reissued a “buy” rating and issued a $17.00 target price on shares of Unique Fabricating in a research note on Monday, August 15th.
Several institutional investors have recently bought and sold shares of UFAB. Teachers Advisors Inc. acquired a new position in Unique Fabricating during the second quarter valued at approximately $135,000. BlackRock Investment Management LLC increased its position in Unique Fabricating by 5,032.9% in the second quarter. BlackRock Investment Management LLC now owns 23,406 shares of the company’s stock valued at $313,000 after buying an additional 22,950 shares during the period. BlackRock Institutional Trust Company N.A. increased its position in Unique Fabricating by 1.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 43,401 shares of the company’s stock valued at $531,000 after buying an additional 593 shares during the period. State Street Corp acquired a new position in Unique Fabricating during the second quarter valued at approximately $671,000. Finally, Bank of New York Mellon Corp increased its position in Unique Fabricating by 10.9% in the third quarter. Bank of New York Mellon Corp now owns 57,879 shares of the company’s stock valued at $709,000 after buying an additional 5,686 shares during the period.
Unique Fabricating Company Profile
Unique Fabricating, Inc is a United States-based company, which is engaged in the engineering and manufacturing of components for customers in the automotive and industrial appliance market. The Company offers various solutions, which consist of multi-material foam, rubber and plastic components. The Company’s fabricating capabilities include foam fabricating; foam die cutting; multi-layer die cutting; precision high-speed cutting; kiss cutting; fusion molding; vacuum forming; twin-sheet thermoforming; compression molding precision original equipment manufacturing (OEM) parts; non-metallic materials die cutting/fabrication; sound control parts, and soundproofing materials.
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