3,961 Shares in UFP Industries, Inc. (NASDAQ:UFPI) Bought by Two Sigma Securities LLC

Two Sigma Securities LLC acquired a new position in shares of UFP Industries, Inc. (NASDAQ:UFPI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,961 shares of the construction company’s stock, valued at approximately $446,000.

Other large investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings in shares of UFP Industries by 1,683.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 535 shares of the construction company’s stock worth $60,000 after acquiring an additional 505 shares during the period. Jones Financial Companies Lllp raised its position in UFP Industries by 357.8% during the fourth quarter. Jones Financial Companies Lllp now owns 531 shares of the construction company’s stock valued at $60,000 after purchasing an additional 415 shares in the last quarter. Principal Securities Inc. lifted its stake in UFP Industries by 39.8% during the fourth quarter. Principal Securities Inc. now owns 615 shares of the construction company’s stock worth $69,000 after purchasing an additional 175 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of UFP Industries in the 4th quarter valued at $106,000. Finally, Blue Trust Inc. raised its holdings in shares of UFP Industries by 62.1% during the 4th quarter. Blue Trust Inc. now owns 1,796 shares of the construction company’s stock worth $202,000 after buying an additional 688 shares in the last quarter. 81.81% of the stock is currently owned by institutional investors and hedge funds.

UFP Industries Trading Down 1.1 %

Shares of UFPI stock opened at $106.74 on Friday. The company has a quick ratio of 3.25, a current ratio of 4.88 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $6.49 billion, a P/E ratio of 15.77 and a beta of 1.45. UFP Industries, Inc. has a twelve month low of $99.42 and a twelve month high of $141.33. The stock’s fifty day simple moving average is $106.87 and its 200 day simple moving average is $117.66.

UFP Industries (NASDAQ:UFPI) last released its quarterly earnings results on Monday, February 17th. The construction company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.24 by ($0.04). The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.43 billion. UFP Industries had a return on equity of 13.24% and a net margin of 6.23%. As a group, sell-side analysts predict that UFP Industries, Inc. will post 7.08 EPS for the current fiscal year.

UFP Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a $0.35 dividend. This is a boost from UFP Industries’s previous quarterly dividend of $0.33. This represents a $1.40 annualized dividend and a yield of 1.31%. The ex-dividend date was Monday, March 3rd. UFP Industries’s dividend payout ratio is 20.68%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Benchmark reaffirmed a “buy” rating and issued a $135.00 price objective on shares of UFP Industries in a research note on Wednesday, February 19th. StockNews.com downgraded shares of UFP Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $143.00.

UFP Industries Company Profile

UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products.