Boston Partners increased its stake in shares of Unifi, Inc. (NYSE: UFI – Get a rating) by 30.8% in the first quarter, according to its last disclosure to the SEC. The fund held 15,777 shares of the textile maker after buying an additional 3,711 shares during the period. Boston Partners owned about 0.09% of Unifi worth $286,000 when it last filed with the SEC.
Several other hedge funds also changed their positions in UFI. Lazard Asset Management LLC increased its stake in Unifi shares by 33.9% in the fourth quarter. Lazard Asset Management LLC now owns 3,618 shares of the textile maker valued at $83,000 after buying 915 additional shares last quarter. KBC Group NV increased its stake in Unifi shares by 185.4% in the 4th quarter. KBC Group NV now owns 6,712 shares in the textile maker valued at $155,000 after buying an additional 4,360 shares last quarter. PDT Partners LLC purchased a new position in shares of Unifi during Q4 for a value of approximately $215,000. HighTower Advisors LLC acquired a new stake in Unifi stock during Q4, valued at approximately $232,000. Finally, Alpha Paradigm Partners LLC increased its stake in Unifi by 41.5% in the fourth quarter. Alpha Paradigm Partners LLC now owns 10,243 shares of the textile maker valued at $237,000 after acquiring 3,006 additional shares during the period. Institutional investors hold 74.37% of the company’s shares.
Changes to analyst ratings
Separately, CJS Securities downgraded Unifi’s shares from an “outperforming” rating to a “market performance” rating in a Thursday, Aug. 11 research note.
Unifi price performance
Unified Stock opened at $13.16 on Thursday. The company has a 50-day simple moving average of $13.71 and a 200-day simple moving average of $15.88. The company has a debt ratio of 0.28, a current ratio of 3.24 and a quick ratio of 1.65. The company has a market capitalization of $243.17 million, a PE ratio of 16.25, a growth price-earnings ratio of 1.34 and a beta of 0.98. Unifi, Inc. has a one-year low of $12.10 and a one-year high of $25.70.
Unifi Company Profile
Unifi, Inc, together with its subsidiaries, is engaged in the manufacture and sale of recycled and synthetic products in the United States, Brazil, China and internationally. It operates in four segments: Polyester, Nylon, Brazil and Asia. The Polyester segment offers partially oriented, textured, solution and package dyed, twisted, radiated and draw wound yarns; and pre-consumer and post-consumer waste, including plastic bottle flakes, polyester polymer and staple fiber beads to other yarn manufacturers, as well as knitters and weavers who produce yarn and /or fabrics for apparel, hosiery, home furnishings, automotive, industrial and other end-use markets.
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