Barclays PLC Purchases 10,172 Shares of Unifi, Inc. (NYSE:UFI)

Barclays PLC grew its position in shares of Unifi, Inc. (NYSE:UFI) by 778.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,479 shares of the textile maker’s stock after purchasing an additional 10,172 shares during the period. Barclays PLC owned about 0.06% of Unifi worth $85,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. OneDigital Investment Advisors LLC lifted its stake in Unifi by 25.0% in the third quarter. OneDigital Investment Advisors LLC now owns 15,000 shares of the textile maker’s stock worth $110,000 after purchasing an additional 3,000 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Unifi by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 36,304 shares of the textile maker’s stock valued at $266,000 after acquiring an additional 1,742 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Unifi by 74.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 39,259 shares of the textile maker’s stock valued at $288,000 after acquiring an additional 16,727 shares during the period. State Street Corp grew its position in Unifi by 5.7% during the 3rd quarter. State Street Corp now owns 58,922 shares of the textile maker’s stock worth $432,000 after acquiring an additional 3,200 shares during the last quarter. Finally, GSA Capital Partners LLP increased its stake in Unifi by 279.2% in the 3rd quarter. GSA Capital Partners LLP now owns 60,211 shares of the textile maker’s stock worth $442,000 after purchasing an additional 44,332 shares during the period. 67.67% of the stock is currently owned by hedge funds and other institutional investors.

Unifi Stock Performance

Shares of UFI stock opened at $6.19 on Friday. The company has a market capitalization of $113.07 million, a P/E ratio of -2.68 and a beta of 0.75. Unifi, Inc. has a fifty-two week low of $5.41 and a fifty-two week high of $7.91. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.39 and a current ratio of 3.29. The stock has a 50 day moving average price of $5.77 and a two-hundred day moving average price of $6.20.

Unifi (NYSE:UFI) last announced its quarterly earnings results on Wednesday, October 30th. The textile maker reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.17). The firm had revenue of $147.37 million for the quarter, compared to analysts’ expectations of $148.01 million. Unifi had a negative net margin of 7.07% and a negative return on equity of 13.42%. During the same period in the previous year, the company earned ($0.73) EPS. Analysts expect that Unifi, Inc. will post -0.96 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.