Unifi, Inc. (NYSE:UFI) insider Spring Master Fund L. Valueact bought 52,500 shares of the stock in a transaction on Monday, May 13th. The stock was purchased at an average cost of $20.20 per share, with a total value of $1,060,500.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of UFI opened at $20.58 on Thursday. Unifi, Inc. has a 12-month low of $17.83 and a 12-month high of $33.62. The company has a quick ratio of 1.76, a current ratio of 3.30 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $375.84 million, a price-to-earnings ratio of 15.59 and a beta of 0.78.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ValueAct Holdings L.P. grew its position in shares of Unifi by 21.9% in the 4th quarter. ValueAct Holdings L.P. now owns 1,127,679 shares of the textile maker’s stock valued at $25,756,000 after buying an additional 202,679 shares during the last quarter. Great West Life Assurance Co. Can grew its position in shares of Unifi by 12.6% in the 4th quarter. Great West Life Assurance Co. Can now owns 18,277 shares of the textile maker’s stock valued at $385,000 after buying an additional 2,038 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Unifi by 5.6% in the 4th quarter. Geode Capital Management LLC now owns 170,706 shares of the textile maker’s stock valued at $3,898,000 after buying an additional 9,094 shares during the last quarter. Mercer Capital Advisers Inc. grew its position in shares of Unifi by 41.7% in the 4th quarter. Mercer Capital Advisers Inc. now owns 1,700 shares of the textile maker’s stock valued at $39,000 after buying an additional 500 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Unifi in the 3rd quarter valued at about $236,000. Hedge funds and other institutional investors own 82.82% of the company’s stock.

A number of brokerages have issued reports on UFI. Zacks Investment Research cut Unifi from a “hold” rating to a “sell” rating in a report on Thursday, May 9th. ValuEngine raised Unifi from a “sell” rating to a “hold” rating in a report on Saturday, May 4th. Finally, Sidoti cut Unifi from a “buy” rating to a “neutral” rating in a report on Friday, March 22nd.

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About Unifi

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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