3,421 Shares in Unifirst Corporation (UNF) Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. bought a new position in shares of Unifirst Corporation (NYSE:UNF) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,421 shares of the textile maker’s stock, valued at approximately $518,000.

Several other large investors also recently modified their holdings of UNF. Janus Henderson Group PLC purchased a new position in shares of Unifirst Corporation during the second quarter worth approximately $121,138,000. Royce & Associates LP increased its position in shares of Unifirst Corporation by 3.8% during the second quarter. Royce & Associates LP now owns 813,720 shares of the textile maker’s stock worth $114,490,000 after acquiring an additional 29,500 shares during the period. Victory Capital Management Inc. increased its position in shares of Unifirst Corporation by 5.4% during the second quarter. Victory Capital Management Inc. now owns 557,307 shares of the textile maker’s stock worth $78,413,000 after acquiring an additional 28,617 shares during the period. Atlanta Capital Management Co. L L C boosted its stake in shares of Unifirst Corporation by 11.1% during the second quarter. Atlanta Capital Management Co. L L C now owns 254,924 shares of the textile maker’s stock valued at $35,868,000 after purchasing an additional 25,386 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Unifirst Corporation by 6.0% during the first quarter. State Street Corp now owns 360,951 shares of the textile maker’s stock valued at $51,056,000 after purchasing an additional 20,461 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

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A number of research firms have recently issued reports on UNF. Zacks Investment Research upgraded shares of Unifirst Corporation from a “hold” rating to a “buy” rating and set a $162.00 price objective on the stock in a research note on Wednesday, September 6th. Northcoast Research reiterated a “neutral” rating on shares of Unifirst Corporation in a research note on Thursday, October 19th. Finally, Robert W. Baird increased their price objective on shares of Unifirst Corporation from $163.00 to $171.00 and gave the company an “outperform” rating in a research note on Thursday, October 19th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $165.00.

Shares of Unifirst Corporation (NYSE UNF) opened at $153.70 on Friday. The firm has a market cap of $3,116.27, a P/E ratio of 29.11, a price-to-earnings-growth ratio of 2.92 and a beta of 0.74. Unifirst Corporation has a one year low of $124.85 and a one year high of $162.40.

Unifirst Corporation (NYSE:UNF) last announced its earnings results on Wednesday, October 18th. The textile maker reported $1.44 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.20. The company had revenue of $403.60 million during the quarter, compared to the consensus estimate of $392.15 million. Unifirst Corporation had a net margin of 4.40% and a return on equity of 7.53%. Unifirst Corporation’s revenue was up 10.9% compared to the same quarter last year. During the same period last year, the firm earned $1.27 earnings per share. research analysts forecast that Unifirst Corporation will post 5.26 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 8th will be paid a $0.0375 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.15 annualized dividend and a yield of 0.10%. Unifirst Corporation’s dividend payout ratio (DPR) is 4.37%.

Unifirst Corporation Company Profile

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.

Institutional Ownership by Quarter for Unifirst Corporation (NYSE:UNF)

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