As Universal Forest Products INC (UFPI) Stock Value Rose, Mutual Of America Capital Management LLC Has Lowered Its Position by $4.15 Million

Universal Forest Products, Inc. (NASDAQ:UFPI) LogoInvestors sentiment increased to 1.24 in 2018 Q4. Its up 0.35, from 0.89 in 2018Q3. It increased, as 24 investors sold UFPI shares while 51 reduced holdings. 35 funds opened positions while 58 raised stakes. 49.31 million shares or 0.76% more from 48.94 million shares in 2018Q3 were reported. Foundry Prtnrs has 351,818 shares. Quantbot Technology Lp has 0.02% invested in Universal Forest Products, Inc. (NASDAQ:UFPI). Parkside Bankshares owns 39 shares. Citigroup owns 0% invested in Universal Forest Products, Inc. (NASDAQ:UFPI) for 45,292 shares. Public Employees Retirement Association Of Colorado has invested 0% in Universal Forest Products, Inc. (NASDAQ:UFPI). 732,941 were reported by Geode Capital Llc. Mutual Of America Capital Mgmt Ltd Llc owns 0.06% invested in Universal Forest Products, Inc. (NASDAQ:UFPI) for 139,501 shares. 19,451 were reported by Jennison Ltd Liability Corp. Synovus has 5,505 shares for 0% of their portfolio. Louisiana State Employees Retirement Systems holds 0.03% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI) for 23,183 shares. Renaissance Ltd Liability Corporation holds 215,809 shares or 0.01% of its portfolio. Gendell Jeffrey L holds 85,156 shares or 0.41% of its portfolio. Franklin Resource holds 0.01% or 516,502 shares. Price T Rowe Md holds 1.90M shares or 0.01% of its portfolio. Wilen Mgmt invested in 0.18% or 8,007 shares.

Since December 12, 2018, it had 1 buying transaction, and 1 insider sale for $58,122 activity. 2,500 shares valued at $67,000 were bought by Wooldridge Michael G. on Wednesday, December 12.

Mutual Of America Capital Management Llc decreased its stake in Universal Forest Products Inc (UFPI) by 54.36% based on its latest 2018Q4 regulatory filing with the SEC. Mutual Of America Capital Management Llc sold 166,151 shares as the company’s stock rose 12.55% with the market. The institutional investor held 139,501 shares of the basic industries company at the end of 2018Q4, valued at $3.62 million, down from 305,652 at the end of the previous reported quarter. Mutual Of America Capital Management Llc who had been investing in Universal Forest Products Inc for a number of months, seems to be less bullish one the $2.16B market cap company. The stock decreased 2.55% or $0.92 during the last trading session, reaching $35.14. About 194,338 shares traded. Universal Forest Products, Inc. (NASDAQ:UFPI) has declined 5.87% since May 17, 2018 and is downtrending. It has underperformed by 10.24% the S&P500.

Mutual Of America Capital Management Llc, which manages about $13.10B and $6.05B US Long portfolio, upped its stake in Cvs/Caremark Corp (NYSE:CVS) by 57,880 shares to 247,463 shares, valued at $16.21 million in 2018Q4, according to the filing. It also increased its holding in Simpson Manufacturing Co (NYSE:SSD) by 63,138 shares in the quarter, for a total of 104,823 shares, and has risen its stake in Tjx Companies (NYSE:TJX).

Analysts await Universal Forest Products, Inc. (NASDAQ:UFPI) to report earnings on July, 17. They expect $0.83 earnings per share, up 16.90 % or $0.12 from last year’s $0.71 per share. UFPI’s profit will be $50.92 million for 10.58 P/E if the $0.83 EPS becomes a reality. After $0.58 actual earnings per share reported by Universal Forest Products, Inc. for the previous quarter, Wall Street now forecasts 43.10 % EPS growth.

More notable recent Universal Forest Products, Inc. (NASDAQ:UFPI) news were published by: Globenewswire.com which released: “UFPI signs agreement to acquire Wolverine Wood Products – GlobeNewswire” on February 18, 2019, also Nasdaq.com with their article: “Buy 5 Top-Ranked Stocks Picked on DuPont Analysis – Nasdaq” published on May 15, 2019, Nasdaq.com published: “Weyerhaeuser’s (WY) Q1 Earnings In Line, Sales Lag, Down Y/Y – Nasdaq” on April 26, 2019. More interesting news about Universal Forest Products, Inc. (NASDAQ:UFPI) were released by: Nasdaq.com and their article: “Universal Forest Products’ (UFPI) Q1 Earnings Beat, Up Y/Y – Nasdaq” published on April 25, 2019 as well as Seekingalpha.com‘s news article titled: “Universal Forest Products, Inc. (UFPI) CEO Matthew Missad on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: July 19, 2018.

Universal Forest Products, Inc. (NASDAQ:UFPI) Institutional Positions Chart

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