Neuberger Berman Group LLC Has $1.62 Million Stock Position in Unifi, Inc. (NYSE:UFI)

Neuberger Berman Group LLC boosted its position in Unifi, Inc. (NYSE:UFI) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 242,630 shares of the textile maker’s stock after buying an additional 1,934 shares during the quarter. Neuberger Berman Group LLC’s holdings in Unifi were worth $1,616,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of UFI. Barclays PLC grew its position in shares of Unifi by 1,110.3% in the third quarter. Barclays PLC now owns 15,818 shares of the textile maker’s stock valued at $112,000 after purchasing an additional 14,511 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in Unifi by 27.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 40,289 shares of the textile maker’s stock valued at $286,000 after purchasing an additional 8,654 shares during the period. Minerva Advisors LLC boosted its position in shares of Unifi by 115.8% in the third quarter. Minerva Advisors LLC now owns 186,483 shares of the textile maker’s stock valued at $1,317,000 after acquiring an additional 100,054 shares during the period. Pinnacle Associates Ltd. grew its stake in shares of Unifi by 12.6% in the fourth quarter. Pinnacle Associates Ltd. now owns 793,797 shares of the textile maker’s stock worth $5,287,000 after acquiring an additional 89,114 shares during the last quarter. Finally, Azarias Capital Management L.P. increased its position in Unifi by 5.4% during the fourth quarter. Azarias Capital Management L.P. now owns 1,363,424 shares of the textile maker’s stock worth $9,080,000 after acquiring an additional 70,351 shares during the period. Institutional investors own 67.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Unifi from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th.

Unifi Trading Up 1.4 %

NYSE UFI opened at $6.61 on Monday. Unifi, Inc. has a twelve month low of $5.41 and a twelve month high of $8.97. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.24 and a quick ratio of 1.52. The company’s 50-day simple moving average is $5.88 and its 200 day simple moving average is $6.12.

Unifi Company Profile

Unifi, Inc, together with its subsidiaries, manufactures and sells recycled and synthetic products in the United States, China, Brazil, and internationally. 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.