GSA Capital Partners LLP Acquires 44,332 Shares of Unifi, Inc. (NYSE:UFI)

GSA Capital Partners LLP increased its holdings in shares of Unifi, Inc. (NYSE:UFI) by 279.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 60,211 shares of the textile maker’s stock after purchasing an additional 44,332 shares during the period. GSA Capital Partners LLP owned 0.33% of Unifi worth $442,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Virtu Financial LLC grew its holdings in Unifi by 24.9% during the first quarter. Virtu Financial LLC now owns 15,818 shares of the textile maker’s stock worth $95,000 after purchasing an additional 3,158 shares during the period. Factorial Partners LLC bought a new position in Unifi during the second quarter worth about $103,000. Assenagon Asset Management S.A. boosted its holdings in shares of Unifi by 74.2% during the third quarter. Assenagon Asset Management S.A. now owns 39,259 shares of the textile maker’s stock worth $288,000 after acquiring an additional 16,727 shares during the period. Marshall Wace LLP boosted its holdings in shares of Unifi by 10.6% during the second quarter. Marshall Wace LLP now owns 80,172 shares of the textile maker’s stock worth $472,000 after acquiring an additional 7,679 shares during the period. Finally, Acuitas Investments LLC boosted its holdings in shares of Unifi by 20.4% during the second quarter. Acuitas Investments LLC now owns 404,356 shares of the textile maker’s stock worth $2,382,000 after acquiring an additional 68,605 shares during the period. Institutional investors own 67.67% of the company’s stock.

Unifi Trading Down 0.5 %

Shares of NYSE:UFI opened at $5.59 on Thursday. Unifi, Inc. has a 12-month low of $5.41 and a 12-month high of $7.91. The stock has a market cap of $102.13 million, a PE ratio of -2.45 and a beta of 0.80. The business has a 50 day moving average of $6.67 and a 200-day moving average of $6.29. The company has a quick ratio of 1.39, a current ratio of 3.29 and a debt-to-equity ratio of 0.46.

Unifi (NYSE:UFI) last issued its quarterly earnings data on Wednesday, August 21st. The textile maker reported ($0.22) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.01. Unifi had a negative return on equity of 13.42% and a negative net margin of 7.07%. The company had revenue of $157.45 million during the quarter, compared to analysts’ expectations of $156.69 million. During the same quarter in the previous year, the company posted ($0.39) earnings per share. As a group, equities research analysts forecast that Unifi, Inc. will post -0.75 earnings per share for the current year.

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.