Pullen Investment Management LLC lifted its position in shares of UniFirst Co. (NYSE:UNF – Free Report) by 13.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,195 shares of the textile maker’s stock after acquiring an additional 389 shares during the period. Pullen Investment Management LLC’s holdings in UniFirst were worth $635,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets grew its position in shares of UniFirst by 336.5% during the first quarter. BNP Paribas Financial Markets now owns 18,582 shares of the textile maker’s stock worth $3,223,000 after acquiring an additional 14,325 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in UniFirst in the first quarter worth about $693,000. Quantbot Technologies LP acquired a new stake in UniFirst in the first quarter worth about $479,000. M&G Plc acquired a new stake in UniFirst in the first quarter worth about $19,842,000. Finally, Entropy Technologies LP acquired a new stake in UniFirst in the first quarter worth about $272,000. Institutional investors own 78.17% of the company’s stock.
Insider Buying and Selling at UniFirst
In other UniFirst news, Director Michael Iandoli sold 682 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $194.30, for a total value of $132,512.60. Following the completion of the sale, the director now directly owns 4,744 shares of the company’s stock, valued at approximately $921,759.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.74% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
View Our Latest Report on UniFirst
UniFirst Trading Down 1.1 %
Shares of NYSE UNF opened at $187.01 on Friday. UniFirst Co. has a twelve month low of $149.58 and a twelve month high of $200.07. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 27.30 and a beta of 0.81. The firm has a 50-day moving average of $188.87 and a two-hundred day moving average of $175.49.
About UniFirst
UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.
Featured Articles
- Five stocks we like better than UniFirst
- Why Are Stock Sectors Important to Successful Investing?
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- Trading Halts Explained
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Stock Market Upgrades: What Are They?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Want to see what other hedge funds are holding UNF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UniFirst Co. (NYSE:UNF – Free Report).
Receive News & Ratings for UniFirst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UniFirst and related companies with MarketBeat.com's FREE daily email newsletter.