NASDAQ:UBNT', 'Ubiquiti Networks Inc.', '');

As Ubiquiti Networks INC (UBNT) Stock Price Declined, Edgepoint Investment Group INC Has Increased by $29.92 Billion Its Position

December 8, 2017 - By Michael Collier

Investors sentiment decreased to 0.76 in 2017 Q2. Its down 0.24, from 1 in 2017Q1. It dived, as 25 investors sold UBNT shares while 59 reduced holdings. 25 funds opened positions while 39 raised stakes. 24.58 million shares or 1.67% more from 24.18 million shares in 2017Q1 were reported. Fdx Advisors Inc owns 12,217 shares or 0.02% of their US portfolio. Moreover, Wellington Group Llp has 0% invested in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 20,426 shares. Ameritas Inv Ptnrs Incorporated, Nebraska-based fund reported 2,030 shares. Principal Gp owns 5,512 shares or 0% of their US portfolio. Schwartz Inv Counsel owns 105,000 shares. Clinton, a New York-based fund reported 32,641 shares. Amer International Group has 0% invested in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 14,349 shares. Rhumbline Advisers holds 26,239 shares. Vanguard Group reported 1.99 million shares stake. 15,241 were reported by Citadel Advsr Limited Liability Company. Parallax Volatility Advisers Lp holds 0% in Ubiquiti Networks, Inc. (NASDAQ:UBNT) or 561 shares. Ahl Prns Llp accumulated 0.03% or 31,208 shares. Jefferies Group Lc owns 7,167 shares. Midas Management holds 1.3% in Ubiquiti Networks, Inc. (NASDAQ:UBNT) or 46,950 shares. National Bank Of Montreal Can invested in 0% or 60,867 shares.

Edgepoint Investment Group Inc increased its stake in Ubiquiti Networks Inc (UBNT) by 10.01% based on its latest 2017Q2 regulatory filing with the SEC. Edgepoint Investment Group Inc bought 575,640 shares as the company’s stock declined 0.41% while stock markets rallied. The institutional investor held 6.33 million shares of the technology company at the end of 2017Q2, valued at $328.72 billion, up from 5.75M at the end of the previous reported quarter. Edgepoint Investment Group Inc who had been investing in Ubiquiti Networks Inc for a number of months, seems to be bullish on the $5.23B market cap company. The stock increased 0.84% or $0.56 during the last trading session, reaching $67.23. About 418,984 shares traded. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has risen 29.84% since December 8, 2016 and is uptrending. It has outperformed by 13.14% the S&P500.

Edgepoint Investment Group Inc, which manages about $6.32 billion US Long portfolio, decreased its stake in Berkshire Hathaway Inc Del (BRKB) by 11,670 shares to 559,058 shares, valued at $94.69B in 2017Q2, according to the filing. It also reduced its holding in Wabco Hldgs Inc (NYSE:WBC) by 15,571 shares in the quarter, leaving it with 3.17 million shares, and cut its stake in Alere Inc (NYSE:ALR).

More notable recent Ubiquiti Networks, Inc. (NASDAQ:UBNT) news were published by: which released: “Why Ubiquiti Networks Inc. Stock Plunged Today” on February 10, 2017, also with their article: “What to Look Out For When Ubiquiti Networks Reports Earnings” published on November 07, 2017, published: “Ubiquiti Networks -6.4% as guidance rains on Q1 beat” on November 09, 2017. More interesting news about Ubiquiti Networks, Inc. (NASDAQ:UBNT) were released by: and their article: “Ubiquiti: Separating The Signal From The Noise” published on October 18, 2017 as well as‘s news article titled: “Ubiquiti CEO Robert Pera Owes His Shareholders A Response” with publication date: September 21, 2017.

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Ratings Coverage

Among 9 analysts covering Ubiquiti Networks Inc (NASDAQ:UBNT), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Ubiquiti Networks Inc had 26 analyst reports since August 7, 2015 according to SRatingsIntel. As per Tuesday, October 20, the company rating was downgraded by Morgan Stanley. The rating was downgraded by Zacks on Thursday, August 13 to “Buy”. Wunderlich downgraded the stock to “Hold” rating in Friday, August 7 report. The firm earned “Hold” rating on Friday, August 7 by Deutsche Bank. BMO Capital Markets upgraded it to “Market Perform” rating and $37 target in Friday, May 6 report. The firm has “Buy” rating by Wunderlich given on Friday, November 4. BMO Capital Markets downgraded Ubiquiti Networks, Inc. (NASDAQ:UBNT) rating on Monday, September 21. BMO Capital Markets has “Underperform” rating and $30 target. The stock of Ubiquiti Networks, Inc. (NASDAQ:UBNT) has “Hold” rating given on Monday, August 7 by Deutsche Bank. The rating was maintained by FBN Securities on Sunday, August 9 with “Buy”. BMO Capital Markets maintained Ubiquiti Networks, Inc. (NASDAQ:UBNT) rating on Wednesday, August 2. BMO Capital Markets has “Hold” rating and $5000 target.

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