Ufp Technologies Inc (NASDAQ:UFPT) Move as Institutional Investors’ Sentiment Drops

June 17, 2018 - By Clifton Ray

UFP Technologies, Inc. (NASDAQ:UFPT) Logo

Sentiment for Ufp Technologies Inc (NASDAQ:UFPT)

Ufp Technologies Inc (NASDAQ:UFPT) institutional sentiment decreased to 0.71 in Q1 2018. Its down -0.79, from 1.5 in 2017Q4. The ratio fall, as 25 active investment managers increased and started new stock positions, while 35 decreased and sold their stock positions in Ufp Technologies Inc. The active investment managers in our partner’s database reported: 4.99 million shares, up from 4.95 million shares in 2017Q4. Also, the number of active investment managers holding Ufp Technologies Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 26 Increased: 17 New Position: 8.

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials and provides solutions to medical, automotive, consumer, electronics, industrial, aerospace, and defense markets in the United States. The company has market cap of $225.96 million. It offers medical device components, disposable wound care components, automotive interior trims, athletic padding, abrasive nail files and other beauty aids, air filtration, high-temperature insulation, military uniform and gear components, and cushion packaging products. It has a 24.4 P/E ratio. The firm also provides wine shipping solutions made from molded fiber under the Wine Packs brand name; tube and pipe insulation for clean room environments under the T-Tubes brand; pharmaceutical bag protection system under the BioShell brand name; sanitary solution for nail care services under the Pro-Sticks brand; medical device pouch for protecting small instruments and tools under the FlexShield brand name; and multi-purpose cleaning eraser under the Erasables brand, as well as various products under the Spot Eraser, Tri-Covers, Design Nail, and Mambo names.

The stock increased 0.99% or $0.3 during the last trading session, reaching $30.75. About 8,137 shares traded. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 13.14% since June 17, 2017 and is uptrending. It has outperformed by 0.57% the S&P500.

Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on August, 1. They expect $0.50 EPS, up 38.89 % or $0.14 from last year’s $0.36 per share. UFPT’s profit will be $3.67 million for 15.38 P/E if the $0.50 EPS becomes a reality. After $0.41 actual EPS reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts 21.95 % EPS growth.

Cove Street Capital Llc holds 2.18% of its portfolio in UFP Technologies, Inc. for 671,982 shares. Thomson Horstmann & Bryant Inc owns 436,406 shares or 1.68% of their US portfolio. Moreover, Ancora Advisors Llc has 0.73% invested in the company for 551,977 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.46% in the stock. Cubic Asset Management Llc, a Massachusetts-based fund reported 38,690 shares.

Since January 1, 0001, it had 0 buys, and 9 insider sales for $654,866 activity.

UFP Technologies, Inc. (NASDAQ:UFPT) Institutional Positions Chart

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