WINTON GROUP Ltd purchased a new position in UFP Industries, Inc. (NASDAQ:UFPI – Get Rating) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 4,609 shares of the construction company’s stock, valued at approximately $314,000.
Several other institutional investors have also modified their holdings of UFPI. Pinebridge Investments L.P. lifted its stake in shares of UFP Industries by 502.0% in the second quarter. Pinebridge Investments L.P. now owns 602 shares of the construction company’s stock worth $41,000 after acquiring an additional 502 shares in the last quarter. CX Institutional bought a new stake in UFP Industries in the second quarter valued at about $48,000. Archer Investment Corp bought a new stake in UFP Industries in the first quarter valued at about $56,000. Quadrant Capital Group LLC increased its holdings in UFP Industries by 61.2% in the first quarter. Quadrant Capital Group LLC now owns 769 shares of the construction company’s stock valued at $59,000 after buying an additional 292 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new stake in UFP Industries in the first quarter valued at about $62,000. Institutional investors and hedge funds own 81.86% of the company’s stock.
UFP Industries Stock Performance
Shares of NASDAQ UFPI opened at $78.99 on Monday. The company has a current ratio of 3.03, a quick ratio of 1.78 and a debt-to-equity ratio of 0.11. The stock has a 50 day simple moving average of $72.94 and a 200-day simple moving average of $76.28. The company has a market cap of $4.87 billion, a PE ratio of 7.12 and a beta of 1.45. UFP Industries, Inc. has a 12-month low of $64.13 and a 12-month high of $94.80.
UFP Industries Dividend Announcement
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on UFPI. StockNews.com began coverage on UFP Industries in a report on Wednesday, October 12th. They issued a “buy” rating for the company. DA Davidson lowered their price objective on UFP Industries to $96.00 in a report on Thursday, October 27th. Finally, Benchmark upped their target price on UFP Industries to $110.00 in a report on Monday, July 25th.
UFP Industries Profile
UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. It operates through Retail, Industrial, and Construction segments. The Retail segment offers preserved and unpreserved dimensional lumber; and outdoor living products, including wood and wood composite decking and related accessories, decorative lawn, garden, craft, and hobby products.
- Get a free copy of the StockNews.com research report on UFP Industries (UFPI)
- Is GameStop Stock Setting Up for Another Short Squeeze?
- Here’s Why SoFi Technologies Stock is Cheap at These Levels
- Warren Buffet Bought Taiwan Semiconductor Stock, Should You?
- MarketBeat: Week in Review 11/14 – 11/18
- Target’s Double Bottom Might Have Just Been Confirmed
Receive News & Ratings for UFP Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UFP Industries and related companies with MarketBeat.com's FREE daily email newsletter.