UFP Industries, Inc. (NASDAQ:UFPI) Stock Holdings Lifted by Seizert Capital Partners LLC

Seizert Capital Partners LLC raised its position in shares of UFP Industries, Inc. (NASDAQ:UFPI - Free Report) by 85.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,623 shares of the construction company's stock after buying an additional 15,958 shares during the quarter. Seizert Capital Partners LLC owned about 0.06% of UFP Industries worth $4,543,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. UMB Bank n.a. raised its position in shares of UFP Industries by 300.0% during the 3rd quarter. UMB Bank n.a. now owns 192 shares of the construction company's stock valued at $25,000 after acquiring an additional 144 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of UFP Industries in the 2nd quarter worth about $29,000. Signaturefd LLC boosted its holdings in shares of UFP Industries by 31.8% in the 3rd quarter. Signaturefd LLC now owns 315 shares of the construction company's stock valued at $41,000 after buying an additional 76 shares during the period. Triad Wealth Partners LLC acquired a new position in shares of UFP Industries in the 2nd quarter valued at about $56,000. Finally, GAMMA Investing LLC grew its position in shares of UFP Industries by 84.2% during the 2nd quarter. GAMMA Investing LLC now owns 512 shares of the construction company's stock valued at $57,000 after buying an additional 234 shares during the last quarter. Institutional investors own 81.81% of the company's stock.

UFP Industries Stock Performance

Shares of UFPI traded down $2.86 during trading hours on Friday, reaching $129.21. 194,415 shares of the company's stock traded hands, compared to its average volume of 288,596. UFP Industries, Inc. has a twelve month low of $107.49 and a twelve month high of $139.54. The business's fifty day simple moving average is $129.45 and its two-hundred day simple moving average is $121.98. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.31 and a quick ratio of 3.25. The firm has a market capitalization of $7.85 billion, a price-to-earnings ratio of 17.77 and a beta of 1.39.

UFP Industries (NASDAQ:UFPI - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The construction company reported $1.64 EPS for the quarter, missing analysts' consensus estimates of $1.89 by ($0.25). The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.76 billion. UFP Industries had a return on equity of 14.45% and a net margin of 6.70%. The firm's quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.10 earnings per share. Analysts predict that UFP Industries, Inc. will post 7.01 earnings per share for the current year.

UFP Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Monday, December 2nd. UFP Industries's dividend payout ratio is presently 18.16%.

Wall Street Analyst Weigh In

A number of brokerages have commented on UFPI. Wedbush restated an "outperform" rating and issued a $155.00 target price on shares of UFP Industries in a research note on Monday, November 4th. Benchmark increased their target price on UFP Industries from $133.00 to $155.00 and gave the stock a "buy" rating in a research report on Wednesday, July 31st. BMO Capital Markets boosted their price target on shares of UFP Industries from $115.00 to $125.00 and gave the company a "market perform" rating in a report on Wednesday, July 31st. Finally, Stifel Nicolaus increased their price objective on shares of UFP Industries from $125.00 to $157.00 and gave the stock a "buy" rating in a report on Wednesday, July 31st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $148.00.

UFP Industries Company Profile

UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products.