Point72 Hong Kong Ltd has initiated a new position in Ubiquiti Inc. (NYSE:UI) shares during the fourth quarter, according to its recent filing with the Securities & Exchange Commission. The firm acquired 2,198 shares, valued at approximately $730,000. Other hedge funds have also adjusted their positions in Ubiquiti. Caprock Group LLC increased its stake by 2.3%, now holding 1,085 shares valued at $360,000. National Bank of Canada FI increased its holdings by 10.4%, owning 350 shares valued at $116,000. Farther Finance Advisors LLC increased its position by 47.0%, holding 122 shares valued at $40,000. Sterling Capital Management LLC increased its stake by 30.2%, now owning 168 shares valued at $56,000. Hanseatic Management Services Inc. increased its holdings by 12.0%, owning 384 shares valued at $127,000. Institutional investors and hedge funds now own 4.00% of Ubiquiti's stock.

UI has been the subject of several recent research reports. Barclays raised its price target on Ubiquiti from $222.00 to $247.00, assigning an "underweight" rating. BWS Financial reaffirmed a "buy" rating and set a price objective of $440.00. Ubiquiti's stock opened at $418.47 on Friday. The stock's 50-day moving average is $324.29, and its 200-day moving average is $339.94. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.22, and a quick ratio of 0.98. Its market cap is $25.31 billion, with a P/E ratio of 56.86 and a beta of 1.32. Ubiquiti's one-year low is $138.74, and its one-year high is $469.98.

Ubiquiti (NYSE:UI) reported its latest quarterly earnings on Friday, February 14th, with an EPS of $2.26, surpassing analysts' estimates of $2.14 by $0.12. The company's return on equity is 296.82%, and its net margin is 20.68%. In the same period last year, Ubiquiti earned $1.36 EPS. Analysts expect Ubiquiti Inc. to post $7.21 EPS for the current year. The company also announced a quarterly dividend of $0.60 per share, payable on Tuesday, May 27th, to shareholders of record on Monday, May 19th. The ex-dividend date is Monday, May 19th. This represents an annualized dividend of $2.40 and a yield of 0.57%. Ubiquiti's payout ratio is 26.43%.

Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers. Its platforms support high-capacity distributed Internet access, unified information technology, and consumer electronics. The company's service provider products include carrier-class network infrastructure, wireless backhaul systems, and routing software. Enterprise products include wireless LAN infrastructure, video surveillance, switching and routing solutions, security gateways, and door access systems.

Separately, Point72 Hong Kong Ltd significantly increased its holdings in KeyCorp (NYSE:KEY) during the 4th quarter, according to its recent 13F filing. The firm increased its position by 57,749.8%, now owning 130,162 shares of the financial services provider, valued at $2,231,000. Other institutional investors have also adjusted their stakes in KeyCorp. Czech National Bank increased its position by 13.7%, owning 214,923 shares valued at $3,684,000. Brookstone Capital Management increased its position by 6.3%, owning 12,415 shares valued at $213,000. Wedmont Private Capital established a new position in KeyCorp, valued at approximately $169,000. Park Avenue Securities LLC increased its position by 33.1%, owning 30,137 shares valued at $517,000. CHURCHILL MANAGEMENT Corp increased its holdings by 5.9%, owning 465,333 shares valued at $7,976,000. Institutional investors own 79.69% of KeyCorp's stock.

KeyCorp's stock opened at $16.48 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.84, and a current ratio of 0.85. Its market cap is $18.06 billion, with a P/E ratio of -54.93, a P/E/G ratio of 0.65, and a beta of 1.08. KeyCorp has a 52-week low of $12.73 and a 52-week high of $20.04. KeyCorp (NYSE:KEY) reported its quarterly earnings on Thursday, April 17th, with an EPS of $0.33, surpassing estimates of $0.32 by $0.01. The company reported revenue of $1.77 billion, matching analyst estimates. KeyCorp had a positive return on equity of 8.73% and a negative net margin of 2.52%. During the same quarter last year, the firm earned $0.20 EPS. Analysts forecast that KeyCorp will post $1.5 earnings per share for the current fiscal year.

KeyCorp's Board of Directors initiated a stock repurchase plan on Thursday, March 13th, authorizing the company to buy back $1.00 billion in outstanding shares, representing up to 6% of its shares through open market purchases. The company also disclosed a quarterly dividend of $0.205 per share, payable on Friday, June 13th, to shareholders of record on Tuesday, May 27th. The ex-dividend date is Tuesday, May 27th. This represents an annualized dividend of $0.82 and a yield of 4.98%. KeyCorp's dividend payout ratio is currently -482.35%. Insider Carlton L. Highsmith sold 5,000 shares at $16.60, totaling $83,000.00. Insider Mohit Ramani purchased 10,000 shares at $13.75 per share, totaling $137,500.00. Insiders own 0.52% of the company's stock.

Analysts have recently issued reports on KeyCorp. Stephens restated an "overweight" rating with a $20.00 price objective on January 22nd. Morgan Stanley restated an "equal weight" rating on April 17th. Baird R W upgraded KeyCorp from "hold" to "strong-buy" on April 7th. Keefe, Bruyette & Woods lowered their price objective from $20.00 to $18.00, setting an "outperform" rating on April 21st. Royal Bank of Canada restated an "outperform" rating on April 17th. Currently, KeyCorp has an average rating of "Moderate Buy" and an average price target of $18.92.

KeyCorp operates as the holding company for KeyBank National Association, providing retail and commercial banking products and services in the United States. It offers deposits, investment products, commercial leasing, investment management, consumer finance, and personal finance services to individuals and small and medium-sized businesses.