Unifi, Inc. (NYSE:UFI) Director Holdings L.P. Valueact acquired 3,493 shares of the company’s stock in a transaction dated Monday, November 12th. The shares were bought at an average cost of $26.50 per share, with a total value of $92,564.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Holdings L.P. Valueact also recently made the following trade(s):

  • On Thursday, November 8th, Holdings L.P. Valueact acquired 26,260 shares of Unifi stock. The shares were bought at an average cost of $26.48 per share, with a total value of $695,364.80.
  • On Tuesday, November 6th, Holdings L.P. Valueact acquired 10,000 shares of Unifi stock. The shares were bought at an average cost of $26.43 per share, with a total value of $264,300.00.

Unifi stock opened at $27.00 on Wednesday. The company has a quick ratio of 1.87, a current ratio of 3.52 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $486.96 million, a price-to-earnings ratio of 20.45 and a beta of 0.89. Unifi, Inc. has a twelve month low of $22.78 and a twelve month high of $38.65.

Unifi (NYSE:UFI) last posted its quarterly earnings results on Tuesday, October 30th. The textile maker reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.17). The business had revenue of $181.61 million during the quarter, compared to the consensus estimate of $170.90 million. Unifi had a return on equity of 4.46% and a net margin of 3.53%. On average, equities analysts anticipate that Unifi, Inc. will post 0.72 EPS for the current fiscal year.

A number of analysts have recently issued reports on UFI shares. ValuEngine downgraded shares of Unifi from a “hold” rating to a “sell” rating in a report on Friday, October 12th. Zacks Investment Research downgraded shares of Unifi from a “hold” rating to a “sell” rating in a report on Saturday, November 3rd.

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. lifted its stake in Unifi by 7.1% in the second quarter. BlackRock Inc. now owns 2,272,234 shares of the textile maker’s stock worth $72,030,000 after purchasing an additional 151,101 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Unifi by 9.5% in the third quarter. Victory Capital Management Inc. now owns 1,570,759 shares of the textile maker’s stock worth $44,500,000 after purchasing an additional 136,309 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Unifi by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,543,783 shares of the textile maker’s stock worth $43,736,000 after purchasing an additional 15,770 shares during the last quarter. ValueAct Holdings L.P. bought a new stake in Unifi in the second quarter worth $29,323,000. Finally, Royce & Associates LP lifted its stake in Unifi by 37.8% in the third quarter. Royce & Associates LP now owns 598,838 shares of the textile maker’s stock worth $16,965,000 after purchasing an additional 164,335 shares during the last quarter. 79.95% of the stock is owned by institutional investors and hedge funds.

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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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