Boston Partners Sells 10,762 Shares of Unifi, Inc. (NYSE:UFI)

Boston Partners trimmed its position in shares of Unifi, Inc. (NYSE:UFI) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,142 shares of the textile maker’s stock after selling 10,762 shares during the period. Boston Partners owned approximately 1.81% of Unifi worth $2,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of UFI. Minerva Advisors LLC raised its stake in Unifi by 5.6% during the fourth quarter. Minerva Advisors LLC now owns 855,241 shares of the textile maker’s stock valued at $5,345,000 after purchasing an additional 45,013 shares in the last quarter. Peapod Lane Capital LLC bought a new stake in shares of Unifi in the 4th quarter worth about $3,191,000. JPMorgan Chase & Co. raised its position in shares of Unifi by 5,775.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,163 shares of the textile maker’s stock valued at $82,000 after buying an additional 10,973 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Unifi during the 3rd quarter valued at about $128,000. Finally, Barclays PLC lifted its holdings in shares of Unifi by 778.3% in the 3rd quarter. Barclays PLC now owns 11,479 shares of the textile maker’s stock valued at $85,000 after acquiring an additional 10,172 shares during the last quarter. 67.67% of the stock is currently owned by institutional investors.

Unifi Trading Down 0.5 %

UFI opened at $5.02 on Friday. Unifi, Inc. has a 12 month low of $4.83 and a 12 month high of $7.91. The company has a current ratio of 3.44, a quick ratio of 1.46 and a debt-to-equity ratio of 0.52. The stock has a 50-day moving average of $5.67 and a 200 day moving average of $6.07. The firm has a market cap of $92.03 million, a P/E ratio of -2.74 and a beta of 0.80.

Unifi (NYSE:UFI) last announced its earnings results on Wednesday, February 5th. The textile maker reported ($0.86) EPS for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.31). Unifi had a negative return on equity of 14.49% and a negative net margin of 5.62%. As a group, research analysts forecast that Unifi, Inc. will post -2.25 EPS for the current year.

Insider Buying and Selling at Unifi

In other news, Director Kenneth G. Langone purchased 16,097 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was purchased at an average cost of $5.55 per share, with a total value of $89,338.35. Following the purchase, the director now owns 2,352,000 shares in the company, valued at approximately $13,053,600. This trade represents a 0.69 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 17.85% of the company’s stock.

About Unifi

Unifi, Inc, together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns.