Teachers Advisors LLC Acquires 226 Shares of UFP Technologies, Inc. (UFPT)

Teachers Advisors LLC lifted its holdings in shares of UFP Technologies, Inc. (NASDAQ:UFPT) by 2.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,190 shares of the industrial products company’s stock after acquiring an additional 226 shares during the period. Teachers Advisors LLC owned approximately 0.15% of UFP Technologies worth $317,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. American International Group Inc. increased its position in shares of UFP Technologies by 6.9% during the first quarter. American International Group Inc. now owns 3,939 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 255 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of UFP Technologies during the second quarter worth about $112,000. First Quadrant L P CA bought a new stake in shares of UFP Technologies during the second quarter worth about $187,000. Eagle Global Advisors LLC bought a new stake in shares of UFP Technologies during the second quarter worth about $216,000. Finally, Bessemer Group Inc. bought a new stake in shares of UFP Technologies during the second quarter worth about $221,000. 68.63% of the stock is owned by institutional investors.

Separately, Zacks Investment Research downgraded shares of UFP Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th.

Shares of UFP Technologies, Inc. (UFPT) opened at $26.80 on Friday. UFP Technologies, Inc. has a 52-week low of $22.95 and a 52-week high of $31.50. The stock has a market cap of $191.87, a PE ratio of 24.22 and a beta of 0.18.

UFP Technologies (NASDAQ:UFPT) last issued its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.13). UFP Technologies had a return on equity of 6.83% and a net margin of 5.43%. The firm had revenue of $35.68 million during the quarter, compared to the consensus estimate of $38.70 million. equities analysts predict that UFP Technologies, Inc. will post 1.41 EPS for the current year.

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UFP Technologies Profile

UFP Technologies, Inc is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Company is engaged in providing solutions to customers primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding, and fabricating manufacturing technologies.

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Institutional Ownership by Quarter for UFP Technologies (NASDAQ:UFPT)

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