2 weeks Ago By Defense World Staff
Corebridge Financial Inc. decreased its position in UFP Technologies, Inc. (NASDAQ:UFPT – Free Report) by 7.
2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,868 shares of the industrial products company’s stock after selling 301 shares during the quarter. Corebridge Financial Inc.
owned 0.05% of UFP Technologies worth $946,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds also recently bought and sold shares of UFPT.
Congress Wealth Management LLC DE lifted its holdings in shares of UFP Technologies by 1.4% in the 4th quarter. Congress Wealth Management LLC DE now owns 40,530 shares of the industrial products company’s stock valued at $9,910,000 after acquiring an additional 578 shares during the last quarter.
Vanguard Group Inc. boosted its stake in shares of UFP Technologies by 3.2% during the 4th quarter.
Vanguard Group Inc. now owns 557,479 shares of the industrial products company’s stock worth $136,309,000 after purchasing an additional 17,356 shares during the period. Bridge City Capital LLC boosted its stake in shares of UFP Technologies by 29.
4% during the 4th quarter. Bridge City Capital LLC now owns 14,453 shares of the industrial products company’s stock worth $3,534,000 after purchasing an additional 3,281 shares during the period. LPL Financial LLC grew its holdings in UFP Technologies by 26.
2% during the 4th quarter. LPL Financial LLC now owns 9,151 shares of the industrial products company’s stock valued at $2,329,000 after purchasing an additional 1,898 shares during the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new stake in UFP Technologies in the 4th quarter worth about $367,000.
Hedge funds and other institutional investors own 87.28% of the company’s stock. UFP Technologies Stock PerformanceUFPT stock opened at $186.
83 on Friday. UFP Technologies, Inc. has a 1-year low of $181.
28 and a 1-year high of $366.41. The business has a 50-day moving average price of $235.
04 and a 200 day moving average price of $269.61. The company has a market capitalization of $1.
43 billion, a P/E ratio of 26.65 and a beta of 1.15.
The company has a debt-to-equity ratio of 0.64, a current ratio of 2.57 and a quick ratio of 1.
43. UFP Technologies (NASDAQ:UFPT – Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The industrial products company reported $2.
46 EPS for the quarter, beating the consensus estimate of $2.01 by $0.45.
The business had revenue of $144.07 million during the quarter, compared to analyst estimates of $141.67 million.
UFP Technologies had a net margin of 11.74% and a return on equity of 18.92%.
Insiders Place Their BetsIn other UFP Technologies news, Director Daniel C. Croteau sold 6,846 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $228.
41, for a total value of $1,563,694.86. Following the completion of the transaction, the director now directly owns 1,785 shares in the company, valued at approximately $407,711.
85. The trade was a 79.32 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 6.17% of the stock is owned by company insiders.
Analysts Set New Price TargetsA number of research analysts have recently commented on UFPT shares. StockNews.com cut UFP Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, January 23rd.
Raymond James initiated coverage on UFP Technologies in a research report on Friday, March 28th. They issued a “market perform” rating on the stock.Read Our Latest Report on UFPTUFP Technologies Company Profile (Free Report)UFP Technologies, Inc designs and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products.
The company offers protective drapes for robotic surgery, single patient use surfaces, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for medical devices, orthopedic implants, biopharma drug manufacturing, and coils for catheters; and molded components for applications in acoustic insulation, interior trim, load floors, sunshades, SUV cargo cover handles, driveshaft damping, engine and manifold covers, quarter panels, and wheel liners.Featured ArticlesFive stocks we like better than UFP TechnologiesHow to buy stock: A step-by-step guide for beginners Conagra Stock Could Thrive as Tariffs Hit Other SectorsGrowth Stocks: What They Are, What They Are NotGrocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey FindsBiggest Stock Losers – Today’s Biggest Percentage DeclinersSpotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy?.
