Ubiquiti Networks, Inc. (UBNT) Reaches $73.57 After 9.00% Up Move; Dominion Midstream Partners (DM) Has 0.79 Sentiment

April 17, 2018 - By Marguerite Chambers

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Logo

Dominion Midstream Partners (DM) investors sentiment decreased to 0.79 in Q4 2017. It’s down -0.28, from 1.07 in 2017Q3. The ratio is negative, as 37 investment professionals opened new or increased holdings, while 47 decreased and sold equity positions in Dominion Midstream Partners. The investment professionals in our database now own: 35.73 million shares, down from 37.63 million shares in 2017Q3. Also, the number of investment professionals holding Dominion Midstream Partners in top ten holdings decreased from 3 to 2 for a decrease of 1. Sold All: 9 Reduced: 38 Increased: 20 New Position: 17.

The stock of Ubiquiti Networks, Inc. (NASDAQ:UBNT) is a huge mover today! The stock increased 3.44% or $2.45 during the last trading session, reaching $73.57. About 99,120 shares traded. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has risen 36.38% since April 17, 2017 and is uptrending. It has outperformed by 24.83% the S&P500.The move comes after 7 months positive chart setup for the $5.72 billion company. It was reported on Apr, 17 by Barchart.com. We have $80.19 PT which if reached, will make NASDAQ:UBNT worth $514.35 million more.

Analysts await Dominion Energy Midstream Partners, LP (NYSE:DM) to report earnings on April, 27 before the open. They expect $0.35 EPS, down 5.41% or $0.02 from last year’s $0.37 per share. DM’s profit will be $34.98 million for 11.32 P/E if the $0.35 EPS becomes a reality. After $0.33 actual EPS reported by Dominion Energy Midstream Partners, LP for the previous quarter, Wall Street now forecasts 6.06% EPS growth.

Chickasaw Capital Management Llc holds 3.06% of its portfolio in Dominion Energy Midstream Partners, LP for 4.81 million shares. Spirit Of America Management Corp Ny owns 794,981 shares or 2.68% of their US portfolio. Moreover, A. D. Beadell Investment Counsel Inc. has 2.18% invested in the company for 87,275 shares. The Massachusetts-based Nbw Capital Llc has invested 2.1% in the stock. Wills Financial Group Inc., a Virginia-based fund reported 78,458 shares.

The stock increased 2.92% or $0.45 during the last trading session, reaching $15.85. About 266,445 shares traded. Dominion Energy Midstream Partners, LP (DM) has declined 48.46% since April 17, 2017 and is downtrending. It has underperformed by 60.01% the S&P500.

Ratings analysis reveals 67% of Dominion Midstream’s analysts are positive. Out of 3 Wall Street analysts rating Dominion Midstream, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $29.0 while the high is $30.0. The stock’s average target of $29.50 is 86.12% above today’s ($15.85) share price. DM was included in 3 notes of analysts from August 18, 2016. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) earned “Equal-Weight” rating by Morgan Stanley on Thursday, August 18. Mizuho initiated the shares of DM in report on Friday, September 30 with “Buy” rating. The firm has “Buy” rating given on Wednesday, September 14 by Stifel Nicolaus.

Dominion Energy Midstream Partners, LP owns liquefied natural gas import, storage, regasification, and transportation assets. The company has market cap of $1.58 billion. It owns and operates LNG facility located on the Chesapeake Bay in Lusby, Maryland; and has approximately 136 miles of natural gas pipeline that connects its LNG facility to interstate natural gas pipelines. It has a 11.57 P/E ratio. The firm also operates an interstate pipeline in South Carolina and southeastern Georgia comprising natural gas system consisting of approximately 1,500 miles of transmission pipeline and 5 compressor stations with approximately 38,700 installed compressor horsepower.

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 28 analyst reports since August 7, 2015 according to SRatingsIntel. Morgan Stanley downgraded Ubiquiti Networks, Inc. (NASDAQ:UBNT) on Tuesday, October 20 to “Underweight” rating. Deutsche Bank maintained it with “Hold” rating and $25.0 target in Friday, August 7 report. The company was maintained on Monday, August 7 by Deutsche Bank. The rating was downgraded by Zacks to “Buy” on Thursday, August 13. BMO Capital Markets maintained Ubiquiti Networks, Inc. (NASDAQ:UBNT) rating on Friday, November 10. BMO Capital Markets has “Market Perform” rating and $60 target. The stock of Ubiquiti Networks, Inc. (NASDAQ:UBNT) has “Buy” rating given on Friday, November 4 by Wunderlich. BMO Capital Markets downgraded the stock to “Underperform” rating in Monday, September 21 report. Wunderlich downgraded Ubiquiti Networks, Inc. (NASDAQ:UBNT) on Friday, August 7 to “Hold” rating. The firm has “Market Perform” rating given on Friday, February 9 by BMO Capital Markets. The rating was downgraded by JMP Securities to “Mkt Underperform” on Monday, October 19.

Ubiquiti Networks, Inc. develops networking technology for service providers, enterprises, and clients worldwide. The company has market cap of $5.72 billion. The companyÂ’s service well-known provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products. It has a 40.53 P/E ratio. The Company’s products and solutions include radios, antennas, software, communications protocols, and management tools to deliver carrier and enterprise class wireless broadband access and other services in the unlicensed RF spectrum.

Analysts await Ubiquiti Networks, Inc. (NASDAQ:UBNT) to report earnings on May, 3. They expect $0.82 EPS, up 6.49% or $0.05 from last year’s $0.77 per share. UBNT’s profit will be $63.70 million for 22.43 P/E if the $0.82 EPS becomes a reality. After $0.75 actual EPS reported by Ubiquiti Networks, Inc. for the previous quarter, Wall Street now forecasts 9.33% EPS growth.

Investors sentiment decreased to 0.59 in 2017 Q4. Its down 0.63, from 1.22 in 2017Q3. It fall, as 31 investors sold Ubiquiti Networks, Inc. shares while 60 reduced holdings. 28 funds opened positions while 26 raised stakes. 22.83 million shares or 10.50% less from 25.51 million shares in 2017Q3 were reported. Ubs Asset Management Americas holds 16,783 shares or 0% of its portfolio. Walleye Trading Limited Com holds 0.02% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 57,095 shares. Jlb Associate Inc holds 5,684 shares or 0.09% of its portfolio. Guggenheim Limited Liability Company holds 0% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 19,190 shares. Moreover, Stifel Fin has 0.01% invested in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Parallax Volatility Advisers Lp stated it has 4,505 shares. Proshare Advsr Limited Liability Company invested in 0% or 3,330 shares. Susquehanna Gp Llp holds 0% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 101,238 shares. Koch Indus stated it has 0.08% in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Minnesota-based Disciplined Growth Invsts Incorporated Mn has invested 2.25% in Ubiquiti Networks, Inc. (NASDAQ:UBNT). New Amsterdam Prtn Ltd Liability Com New York holds 2.85% or 201,008 shares. Ing Groep Nv stated it has 21,000 shares or 0.02% of all its holdings. Oppenheimer & owns 48,366 shares. Pictet Cie (Europe) Sa reported 0.03% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Akre Management Ltd Liability Co reported 2.63% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT).

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Institutional Positions Chart

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