Toronto Dominion Bank Increases Position in Unity Software Inc. (NYSE:U)

Toronto Dominion Bank lifted its holdings in shares of Unity Software Inc. (NYSE:UGet Rating) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,157 shares of the company’s stock after acquiring an additional 1,188 shares during the quarter. Toronto Dominion Bank’s holdings in Unity Software were worth $1,881,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in U. Liberty Wealth Management LLC increased its holdings in Unity Software by 376.7% in the third quarter. Liberty Wealth Management LLC now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 162 shares during the last quarter. Ellevest Inc. increased its holdings in Unity Software by 276.7% in the fourth quarter. Ellevest Inc. now owns 226 shares of the company’s stock valued at $32,000 after buying an additional 166 shares during the last quarter. JNBA Financial Advisors bought a new stake in Unity Software in the fourth quarter valued at about $47,000. Benjamin F. Edwards & Company Inc. increased its holdings in Unity Software by 300.0% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 400 shares of the company’s stock valued at $51,000 after buying an additional 300 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in Unity Software by 40.2% in the fourth quarter. IFP Advisors Inc now owns 359 shares of the company’s stock valued at $52,000 after buying an additional 103 shares during the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have commented on U shares. Zacks Investment Research upgraded Unity Software from a “sell” rating to a “hold” rating in a research note on Wednesday, January 12th. Stifel Nicolaus decreased their target price on Unity Software from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, March 21st. Citigroup started coverage on Unity Software in a research note on Thursday, April 7th. They issued a “buy” rating and a $125.00 target price for the company. Oppenheimer decreased their target price on Unity Software from $185.00 to $135.00 in a research note on Friday, February 4th. Finally, Daiwa Capital Markets started coverage on Unity Software in a research note on Monday, March 28th. They issued an “outperform” rating and a $110.00 target price for the company. Three investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $149.64.

In other news, SVP Clive Downie sold 32,934 shares of the business’s stock in a transaction on Friday, February 4th. The shares were sold at an average price of $106.69, for a total transaction of $3,513,728.46. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Marc Whitten sold 2,283 shares of the company’s stock in a transaction on Friday, April 1st. The stock was sold at an average price of $98.59, for a total transaction of $225,080.97. Following the completion of the sale, the senior vice president now owns 219,897 shares of the company’s stock, valued at $21,679,645.23. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 131,405 shares of company stock worth $13,540,164. 19.00% of the stock is currently owned by corporate insiders.

NYSE U opened at $75.70 on Friday. The business’s fifty day moving average is $93.99 and its two-hundred day moving average is $124.49. The company has a debt-to-equity ratio of 0.71, a quick ratio of 3.44 and a current ratio of 3.44. Unity Software Inc. has a 1 year low of $73.12 and a 1 year high of $210.00. The stock has a market capitalization of $22.26 billion, a P/E ratio of -40.05 and a beta of 2.38.

Unity Software (NYSE:UGet Rating) last announced its earnings results on Thursday, February 3rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($0.01). Unity Software had a negative net margin of 47.96% and a negative return on equity of 20.13%. The firm had revenue of $315.86 million for the quarter, compared to analyst estimates of $291.21 million. During the same period last year, the firm earned ($0.28) earnings per share. On average, research analysts forecast that Unity Software Inc. will post -1.55 earnings per share for the current year.

Unity Software Profile (Get Rating)

Unity Software Inc operates a real-time 3D development platform. Its platform provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company offers its solutions directly through its online store and field sales operations in North America, Denmark, Finland, the United Kingdom, Germany, Japan, China, Singapore, and South Korea, as well as indirectly through independent distributors and resellers worldwide.

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Institutional Ownership by Quarter for Unity Software (NYSE:U)

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