Unifirst Corporation (NYSE:UNF) VP David Martin Katz sold 1,098 shares of Unifirst Corporation stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of $127.00, for a total value of $139,446.00. Following the completion of the sale, the vice president now directly owns 2,666 shares in the company, valued at approximately $338,582. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
David Martin Katz also recently made the following trade(s):
- On Monday, January 9th, David Martin Katz sold 1,089 shares of Unifirst Corporation stock. The shares were sold at an average price of $129.39, for a total value of $140,905.71.
- On Thursday, December 8th, David Martin Katz sold 1,191 shares of Unifirst Corporation stock. The shares were sold at an average price of $145.95, for a total value of $173,826.45.
Unifirst Corporation (NYSE:UNF) opened at 127.70 on Wednesday. Unifirst Corporation has a 12-month low of $100.58 and a 12-month high of $147.65. The company’s 50-day moving average price is $132.07 and its 200-day moving average price is $131.54. The company has a market cap of $2.59 billion, a PE ratio of 22.09 and a beta of 0.76.
Unifirst Corporation (NYSE:UNF) last issued its quarterly earnings results on Wednesday, January 4th. The company reported $1.38 EPS for the quarter, missing the Zacks’ consensus estimate of $1.58 by $0.20. The firm had revenue of $386.10 million for the quarter, compared to the consensus estimate of $393.08 million. Unifirst Corporation had a net margin of 7.92% and a return on equity of 7.99%. The business’s revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $1.78 EPS. Equities analysts anticipate that Unifirst Corporation will post $4.94 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Friday, March 10th will be given a dividend of $0.0375 per share. The ex-dividend date is Wednesday, March 8th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.12%. Unifirst Corporation’s dividend payout ratio (DPR) is presently 2.60%.
“Unifirst Corporation (UNF) VP Sells $139,446.00 in Stock” was originally posted by sleekmoney and is the sole property of of sleekmoney. If you are reading this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark laws. The correct version of this report can be read at http://sleekmoney.com/unifirst-corporation-unf-vp-sells-139446-00-in-stock-2/1662150.html.
A number of analysts recently issued reports on the company. Zacks Investment Research raised Unifirst Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, December 28th. William Blair reaffirmed a “market perform” rating on shares of Unifirst Corporation in a research report on Tuesday, January 17th.
Institutional investors have recently added to or reduced their stakes in the company. Strs Ohio boosted its position in Unifirst Corporation by 3.2% in the second quarter. Strs Ohio now owns 9,800 shares of the company’s stock worth $1,134,000 after buying an additional 300 shares during the period. American Century Companies Inc. bought a new position in Unifirst Corporation during the second quarter worth about $4,149,000. Nordea Investment Management AB bought a new position in Unifirst Corporation during the second quarter worth about $617,000. JPMorgan Chase & Co. boosted its position in Unifirst Corporation by 3,831.9% in the second quarter. JPMorgan Chase & Co. now owns 4,679 shares of the company’s stock worth $541,000 after buying an additional 4,560 shares during the period. Finally, Nationwide Fund Advisors boosted its position in Unifirst Corporation by 2.5% in the second quarter. Nationwide Fund Advisors now owns 12,274 shares of the company’s stock worth $1,420,000 after buying an additional 303 shares during the period. 75.94% of the stock is currently owned by institutional investors.
About Unifirst Corporation
UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments.
This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/unifirst-corporation-unf-vp-sells-139446-00-in-stock-2/1662150.html
Receive News & Ratings for Unifirst Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unifirst Corporation and related companies with MarketBeat.com's FREE daily email newsletter.