Institutional Investor Sentiment About Ufp Technologies Inc (NASDAQ:UFPT) Increased

UFP Technologies, Inc. (NASDAQ:UFPT) Logo

Sentiment for Ufp Technologies Inc (NASDAQ:UFPT)

Ufp Technologies Inc (NASDAQ:UFPT) institutional sentiment increased to 1.3 in 2018 Q2. Its up 0.59, from 0.71 in 2018Q1. The ratio improved, as 30 hedge funds opened new and increased positions, while 23 decreased and sold their stakes in Ufp Technologies Inc. The hedge funds in our partner’s database now have: 4.89 million shares, down from 4.99 million shares in 2018Q1. Also, the number of hedge funds holding Ufp Technologies Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 4 Reduced: 19 Increased: 20 New Position: 10.

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 $243.02 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 19.27 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 decreased 7.44% or $2.65 during the last trading session, reaching $32.96. About 81,930 shares traded or 450.72% up from the average. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 33.21% since December 8, 2017 and is uptrending. It has outperformed by 17.59% the S&P500.

Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on March, 7. They expect $0.62 EPS, up 67.57 % or $0.25 from last year’s $0.37 per share. UFPT’s profit will be $4.57 million for 13.29 P/E if the $0.62 EPS becomes a reality. After $0.56 actual EPS reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts 10.71 % EPS growth.

Cove Street Capital Llc holds 2.39% of its portfolio in UFP Technologies, Inc. for 711,072 shares. Thomson Horstmann & Bryant Inc owns 421,728 shares or 1.59% of their US portfolio. Moreover, Ancora Advisors Llc has 0.74% invested in the company for 551,977 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.45% in the stock. Quantum Capital Management, a California-based fund reported 31,989 shares.

Since January 1, 0001, it had 0 insider buys, and 13 insider sales for $2.57 million activity.

More notable recent UFP Technologies, Inc. (NASDAQ:UFPT) news were published by: Businesswire.com which released: “UFP Technologies Appoints Dan Croteau to its Board – Business Wire” on December 16, 2015, also Zacks.com with their article: “Marriott Vacations Worldwide (VAC) Lags Q2 Earnings Estimates – Zacks.com” published on August 02, 2018, Zacks.com published: “Top Ranked Momentum Stocks to Buy for September 4th – Zacks.com” on September 04, 2018. More interesting news about UFP Technologies, Inc. (NASDAQ:UFPT) were released by: Finance.Yahoo.com and their article: “Trump Slaps New Tariffs on Chinese Goods: 5 Small-Cap Picks – Yahoo Finance” published on September 18, 2018 as well as Nasdaq.com‘s news article titled: “Analysis: Positioning to Benefit within UFP Technologies, Superconductor Technologies, Citizens, Dominion Energy, Dun & Bradstreet, and Encompass Health — Research Highlights Growth, Revenue, and Consolidated Results – Nasdaq” with publication date: November 20, 2018.

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

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