Shares of Unifi, Inc. (NYSE:UFI) have earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Zacks has also assigned Unifi an industry rank of 202 out of 256 based on the ratings given to related companies.

A number of research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Unifi from a “hold” rating to a “sell” rating in a report on Thursday, May 9th. ValuEngine upgraded shares of Unifi from a “sell” rating to a “hold” rating in a report on Saturday, May 4th. Finally, Sidoti cut shares of Unifi from a “buy” rating to a “neutral” rating in a report on Friday, March 22nd.

In other news, Director Robert J. Bishop purchased 9,741 shares of the stock in a transaction on Thursday, February 28th. The stock was bought at an average price of $22.10 per share, for a total transaction of $215,276.10. Following the acquisition, the director now directly owns 16,734 shares of the company’s stock, valued at approximately $369,821.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Spring Master Fund L. Valueact purchased 115,000 shares of the stock in a transaction on Thursday, May 9th. The shares were purchased at an average price of $20.45 per share, with a total value of $2,351,750.00. The disclosure for this purchase can be found here. Insiders purchased 302,895 shares of company stock valued at $6,238,577 in the last 90 days. Company insiders own 22.41% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MetLife Investment Advisors LLC boosted its holdings in shares of Unifi by 57.3% in the 3rd quarter. MetLife Investment Advisors LLC now owns 12,414 shares of the textile maker’s stock valued at $352,000 after buying an additional 4,522 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Unifi by 12.3% in the 3rd quarter. AQR Capital Management LLC now owns 76,909 shares of the textile maker’s stock valued at $2,179,000 after buying an additional 8,450 shares in the last quarter. Teachers Advisors LLC boosted its holdings in shares of Unifi by 13.9% in the 3rd quarter. Teachers Advisors LLC now owns 41,338 shares of the textile maker’s stock valued at $1,171,000 after buying an additional 5,040 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Unifi by 19.4% in the 3rd quarter. Morgan Stanley now owns 98,569 shares of the textile maker’s stock valued at $2,793,000 after buying an additional 15,998 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Unifi in the 3rd quarter valued at $236,000. Institutional investors own 82.82% of the company’s stock.

Shares of UFI stock traded up $0.26 during trading on Friday, reaching $20.58. The company’s stock had a trading volume of 2,762 shares, compared to its average volume of 106,177. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.76 and a current ratio of 3.30. The stock has a market capitalization of $375.84 million, a P/E ratio of 15.64 and a beta of 0.78. Unifi has a 1-year low of $17.83 and a 1-year high of $33.62.

Unifi (NYSE:UFI) last announced its quarterly earnings data on Wednesday, May 1st. The textile maker reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.21). The business had revenue of $179.99 million during the quarter, compared to analyst estimates of $173.60 million. Unifi had a net margin of 1.72% and a return on equity of 1.77%. On average, research analysts forecast that Unifi will post 0.12 EPS for the current fiscal year.

Unifi Company Profile

Unifi, Inc, together with its subsidiaries, manufactures and sells synthetic and recycled products made from polyester and nylon in the United States, Brazil, China, and internationally. The company operates in three segments: Polyester, Nylon, and International. The Polyester segment manufactures and sells polyester plastic bottle flakes, polymer beads, partially oriented yarns, textured, solution and package dyed, twisted, beamed, and draw wound yarns to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets.

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