Dakota Wealth Management Takes Position in Ubiquiti Inc. $UI

Dakota Wealth Management bought a new position in shares of Ubiquiti Inc. (NYSE:UI) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,212 shares of the company’s stock, valued at approximately $2,121,000.

Other large investors have also recently added to or reduced their stakes in the company. Rhumbline Advisers raised its position in Ubiquiti by 856.8% in the second quarter. Rhumbline Advisers now owns 42,787 shares of the company’s stock worth $17,613,000 after purchasing an additional 38,315 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Ubiquiti in the 2nd quarter valued at approximately $885,000. Range Financial Group LLC acquired a new position in shares of Ubiquiti in the 3rd quarter worth approximately $1,468,000. Coldstream Capital Management Inc. lifted its position in shares of Ubiquiti by 889.7% during the 2nd quarter. Coldstream Capital Management Inc. now owns 574 shares of the company’s stock worth $236,000 after buying an additional 516 shares during the period. Finally, GSA Capital Partners LLP boosted its stake in Ubiquiti by 132.8% in the 3rd quarter. GSA Capital Partners LLP now owns 3,448 shares of the company’s stock valued at $2,278,000 after buying an additional 1,967 shares in the last quarter. Institutional investors and hedge funds own 4.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wall Street Zen lowered Ubiquiti from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. BWS Financial reiterated a “buy” rating and set a $720.00 target price on shares of Ubiquiti in a research report on Monday, February 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Ubiquiti in a research report on Monday, December 29th. Zacks Research raised shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. Finally, Barclays lifted their target price on shares of Ubiquiti from $455.00 to $527.00 and gave the company an “underweight” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $615.67.

Ubiquiti Trading Down 0.3%

UI opened at $756.25 on Thursday. Ubiquiti Inc. has a 1-year low of $255.00 and a 1-year high of $803.59. The stock has a market capitalization of $45.77 billion, a PE ratio of 51.52 and a beta of 1.40. The firm has a 50-day moving average price of $604.14 and a two-hundred day moving average price of $605.17.

Ubiquiti (NYSE:UI) last released its quarterly earnings results on Friday, February 6th. The company reported $3.88 EPS for the quarter, beating the consensus estimate of $3.08 by $0.80. Ubiquiti had a net margin of 29.90% and a return on equity of 113.21%. The business had revenue of $814.87 million for the quarter, compared to analysts’ expectations of $716.95 million. During the same period in the prior year, the firm earned $2.28 earnings per share. Ubiquiti’s revenue was up 35.8% compared to the same quarter last year. On average, research analysts predict that Ubiquiti Inc. will post 7.21 EPS for the current year.

Ubiquiti Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 23rd. Shareholders of record on Tuesday, February 17th were given a dividend of $0.80 per share. The ex-dividend date was Tuesday, February 17th. This represents a $3.20 annualized dividend and a dividend yield of 0.4%. Ubiquiti’s payout ratio is presently 21.80%.

Ubiquiti Profile

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.