Hillcrest Asset Management LLC Raised Its Universal Forest Pro (UFPI) Stake

April 16, 2018 - By Linda Rogers

Universal Forest Products, Inc. (NASDAQ:UFPI) LogoInvestors sentiment increased to 6.72 in 2017 Q4. Its up 5.63, from 1.09 in 2017Q3. It increased, as 18 investors sold UFPI shares while 7 reduced holdings. 42 funds opened positions while 126 raised stakes. 95.70 million shares or 488.34% more from 16.27 million shares in 2017Q3 were reported. Westwood accumulated 681,715 shares or 0.19% of the stock. Bancshares stated it has 15,955 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 2,942 shares. Panagora Asset Mgmt stated it has 194,413 shares or 0.03% of all its holdings. Principal Financial Gp Inc invested 0.02% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI). Pnc Fin Svcs Group holds 0.03% or 774,631 shares in its portfolio. Parallax Volatility Advisers Limited Partnership has invested 0% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI). State Of Alaska Department Of Revenue holds 12,219 shares. Zebra Cap Management Limited Liability Company invested in 30,617 shares. 9.88M are held by Blackrock Inc. American Century Cos has 36,468 shares. California Pub Employees Retirement System owns 66,598 shares for 0% of their portfolio. Qs Invsts Limited Liability accumulated 0.04% or 98,925 shares. Ameriprise Fincl Incorporated reported 0.01% stake. California-based Gemmer Asset Mgmt Ltd Limited Liability Company has invested 0% in Universal Forest Products, Inc. (NASDAQ:UFPI).

Since October 26, 2017, it had 1 insider purchase, and 10 insider sales for $2.33 million activity. 3,299 shares were sold by GREENE CHARLES SCOTT, worth $122,065 on Thursday, December 14. $339,008 worth of Universal Forest Products, Inc. (NASDAQ:UFPI) shares were bought by Tuuk Mary E. $743,880 worth of Universal Forest Products, Inc. (NASDAQ:UFPI) was sold by MISSAD MATTHEW J on Thursday, December 14. PETERS ALLEN T sold $151,272 worth of stock or 4,500 shares. 5,000 shares were sold by COLEMAN ROBERT D, worth $550,725.

Hillcrest Asset Management Llc increased its stake in Universal Forest Pro (UFPI) by 200.03% based on its latest 2017Q4 regulatory filing with the SEC. Hillcrest Asset Management Llc bought 208,576 shares as the company’s stock declined 15.64% with the market. The institutional investor held 312,849 shares of the basic industries company at the end of 2017Q4, valued at $12.25 million, up from 104,273 at the end of the previous reported quarter. Hillcrest Asset Management Llc who had been investing in Universal Forest Pro for a number of months, seems to be bullish on the $2.04B market cap company. The stock increased 1.09% or $0.36 during the last trading session, reaching $33.38. About 156,793 shares traded. Universal Forest Products, Inc. (NASDAQ:UFPI) has declined 1.02% since April 16, 2017 and is downtrending. It has underperformed by 12.57% the S&P500.

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

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