Envestnet Asset Control Inc. greater its place in UniFirst Co. (NYSE:UNF – Unfastened Record) by means of 4.7% within the 1st quarter, in step with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The company owned 80,387 stocks of the textile maker’s inventory after purchasing an extra 3,583 stocks all the way through the duration. Envestnet Asset Control Inc. owned 0.43% of UniFirst price $14,167,000 on the finish of the latest reporting duration.

Different hedge finances and different institutional buyers have additionally added to or lowered their stakes within the corporate. Rhumbline Advisers greater its holdings in stocks of UniFirst by means of 2.9% all the way through the primary quarter. Rhumbline Advisers now owns 54,315 stocks of the textile maker’s inventory valued at $9,572,000 after obtaining an extra 1,506 stocks within the ultimate quarter. Wealth Alliance lifted its stake in stocks of UniFirst by means of 9.7% within the first quarter. Wealth Alliance now owns 1,389 stocks of the textile maker’s inventory valued at $245,000 after purchasing an extra 123 stocks within the ultimate quarter. Guggenheim Capital LLC grew its holdings in stocks of UniFirst by means of 0.5% all the way through the primary quarter. Guggenheim Capital LLC now owns 19,163 stocks of the textile maker’s inventory valued at $3,377,000 after purchasing an extra 90 stocks all the way through the ultimate quarter. Moran Wealth Control LLC greater its place in stocks of UniFirst by means of 16.4% all the way through the primary quarter. Moran Wealth Control LLC now owns 20,053 stocks of the textile maker’s inventory price $3,534,000 after obtaining an extra 2,823 stocks within the ultimate quarter. In the end, Forefront Personalised Indexing Control LLC purchased a brand new place in UniFirst within the 1st quarter valued at about $273,000. 76.69% of the inventory is owned by means of institutional buyers.

UniFirst Buying and selling Up 1.9 %

UNF inventory opened at $179.49 on Monday. UniFirst Co. has a 1-year low of $150.50 and a 1-year top of $205.59. The inventory has a marketplace cap of $3.36 billion, a P/E ratio of 32.99 and a beta of 0.83. The inventory’s fifty day easy transferring reasonable is $162.92 and its two-hundred day easy transferring reasonable is $172.35.

UniFirst (NYSE:UNF – Get Unfastened Record) ultimate posted its quarterly income information on Wednesday, June twenty eighth. The textile maker reported $1.29 income consistent with percentage (EPS) for the quarter, lacking analysts’ consensus estimates of $1.79 by means of ($0.50). The corporate had earnings of $576.70 million for the quarter, in comparison to analysts’ expectancies of $564.19 million. UniFirst had a go back on fairness of 6.03% and a internet margin of four.69%. The industry’s quarterly earnings used to be up 12.7% on a year-over-year foundation. All through the similar quarter ultimate yr, the industry posted $1.77 EPS. As a gaggle, analysts forecast that UniFirst Co. will put up 6.92 income consistent with percentage for the present fiscal yr.

UniFirst Publicizes Dividend

The corporate additionally not too long ago disclosed a quarterly dividend, which will likely be paid on Thursday, September twenty eighth. Buyers of document on Thursday, September seventh will likely be paid a $0.31 dividend. The ex-dividend date is Wednesday, September sixth. This represents a $1.24 annualized dividend and a yield of 0.69%. UniFirst’s payout ratio is 22.79%.

Analyst Scores Adjustments

UNF has been the subject of a variety of fresh analysis experiences. StockNews.com started protection on UniFirst in a file on Thursday, August seventeenth. They issued a “cling” ranking at the inventory. UBS Crew began protection on stocks of UniFirst in a file on Wednesday, Might thirty first. They set a “impartial” ranking and a $185.00 worth function at the inventory. In the end, JPMorgan Chase & Co. reduced their goal worth on stocks of UniFirst from $155.00 to $150.00 in a file on Thursday, June twenty ninth.

Get Our Newest Analysis Record on UniFirst

About UniFirst

(Unfastened Record)

UniFirst Company supplies place of work uniforms and protecting paintings put on clothes in america, Europe, and Canada. The corporate operates via U.S. and Canadian Apartment and Cleansing, Production, Forte Clothes Apartment and Cleansing, and First Support segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a variety of uniforms and protecting clothes, together with shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialised protecting put on, similar to flame resistant and top visibility clothes.

Featured Tales

Wish to see what different hedge finances are protecting UNF? Talk over with HoldingsChannel.com to get the most recent 13F filings and insider trades for UniFirst Co. (NYSE:UNF – Unfastened Record).

Obtain Information & Scores for UniFirst Day-to-day – Input your electronic mail deal with under to obtain a concise day by day abstract of the most recent information and analysts’ rankings for UniFirst and similar firms with MarketBeat.com’s FREE day by day electronic mail e-newsletter.