UFP Technologies, Inc. $UFPT Stock Holdings Lifted by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG raised its position in UFP Technologies, Inc. (NASDAQ:UFPT) by 72.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,750 shares of the industrial products company’s stock after purchasing an additional 3,256 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned approximately 0.10% of UFP Technologies worth $1,721,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Canada Pension Plan Investment Board acquired a new stake in shares of UFP Technologies in the second quarter worth about $49,000. Caitong International Asset Management Co. Ltd acquired a new stake in UFP Technologies during the third quarter worth about $51,000. State of Wyoming raised its holdings in UFP Technologies by 22.7% in the 3rd quarter. State of Wyoming now owns 341 shares of the industrial products company’s stock valued at $68,000 after acquiring an additional 63 shares in the last quarter. GAMMA Investing LLC raised its holdings in UFP Technologies by 171.4% in the 4th quarter. GAMMA Investing LLC now owns 361 shares of the industrial products company’s stock valued at $80,000 after acquiring an additional 228 shares in the last quarter. Finally, Pacer Advisors Inc. acquired a new position in UFP Technologies in the 3rd quarter valued at approximately $108,000. Institutional investors and hedge funds own 87.28% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Zacks Research raised UFP Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. Wall Street Zen upgraded UFP Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, UFP Technologies presently has a consensus rating of “Hold” and an average target price of $289.00.

UFP Technologies Stock Up 1.0%

NASDAQ:UFPT opened at $200.06 on Friday. The firm has a market capitalization of $1.54 billion, a P/E ratio of 22.79 and a beta of 1.17. UFP Technologies, Inc. has a 12-month low of $182.87 and a 12-month high of $274.93. The company has a quick ratio of 1.52, a current ratio of 2.68 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $205.84 and its 200-day simple moving average is $220.92.

UFP Technologies (NASDAQ:UFPT) last issued its quarterly earnings data on Tuesday, February 24th. The industrial products company reported $2.44 EPS for the quarter, topping the consensus estimate of $2.26 by $0.18. The business had revenue of $148.92 million for the quarter, compared to the consensus estimate of $149.07 million. UFP Technologies had a return on equity of 19.36% and a net margin of 11.33%.The firm’s revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.10 EPS. Equities research analysts expect that UFP Technologies, Inc. will post 9.9 earnings per share for the current year.

UFP Technologies Profile

UFP Technologies, Inc (NASDAQ: UFPT) is a global designer and manufacturer of custom-engineered products using plastics, foams and adhesives. The company partners with customers to develop application-specific solutions through a range of in-house processes, including foam fabrication, die cutting, sheet processing, lamination, machining and assembly services. Its components find use in industries requiring precise material properties, such as medical devices, aerospace, defense, electronics and transportation.

Building on its origins as a specialty foam converter, UFP Technologies has expanded its capabilities to include advanced material technologies, such as thermal management and electromagnetic interference (EMI) shielding solutions.