Voya Investment Management LLC acquired a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,681 shares of the semiconductor company’s stock, valued at approximately $275,000.

A number of other large investors have also modified their holdings of UCTT. American International Group Inc. raised its stake in Ultra Clean Holdings by 7.1% in the first quarter. American International Group Inc. now owns 19,769 shares of the semiconductor company’s stock worth $334,000 after buying an additional 1,313 shares in the last quarter. Wellington Management Group LLP bought a new position in Ultra Clean Holdings in the first quarter worth approximately $558,000. Teachers Advisors LLC raised its stake in Ultra Clean Holdings by 50.6% in the first quarter. Teachers Advisors LLC now owns 74,407 shares of the semiconductor company’s stock worth $1,255,000 after buying an additional 25,004 shares in the last quarter. TIAA CREF Investment Management LLC raised its stake in Ultra Clean Holdings by 23.2% in the first quarter. TIAA CREF Investment Management LLC now owns 125,913 shares of the semiconductor company’s stock worth $2,124,000 after buying an additional 23,740 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Ultra Clean Holdings by 1.7% in the first quarter. Vanguard Group Inc. now owns 1,237,230 shares of the semiconductor company’s stock worth $20,872,000 after buying an additional 20,987 shares in the last quarter. 75.67% of the stock is owned by institutional investors.

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In other news, SVP David Speirs sold 19,029 shares of the business’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $24.04, for a total transaction of $457,457.16. Following the sale, the senior vice president now directly owns 100,879 shares of the company’s stock, valued at $2,425,131.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Ronald D’ercole sold 1,457 shares of the business’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $30.47, for a total transaction of $44,394.79. Following the sale, the senior vice president now directly owns 69,233 shares in the company, valued at $2,109,529.51. The disclosure for this sale can be found here. Insiders have sold 49,560 shares of company stock worth $1,309,311 over the last three months. Corporate insiders own 2.60% of the company’s stock.

A number of equities analysts recently commented on UCTT shares. Needham & Company LLC boosted their price objective on shares of Ultra Clean Holdings from $30.00 to $36.00 and gave the stock a “strong-buy” rating in a research note on Friday, October 13th. Dougherty & Co lifted their price target on shares of Ultra Clean Holdings from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. Cowen and Company lifted their price target on shares of Ultra Clean Holdings from $28.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, October 18th. ValuEngine lowered shares of Ultra Clean Holdings from a “strong-buy” rating to a “buy” rating in a report on Friday, October 13th. Finally, Craig Hallum lifted their price target on shares of Ultra Clean Holdings from $25.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, July 28th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Ultra Clean Holdings currently has a consensus rating of “Buy” and an average price target of $30.67.

Ultra Clean Holdings, Inc. (NASDAQ UCTT) opened at $23.75 on Thursday. The company has a quick ratio of 1.09, a current ratio of 2.06 and a debt-to-equity ratio of 0.15. Ultra Clean Holdings, Inc. has a 1-year low of $9.20 and a 1-year high of $34.59. The stock has a market cap of $805.71, a price-to-earnings ratio of 11.57, a price-to-earnings-growth ratio of 0.68 and a beta of 1.11.

Ultra Clean Holdings (NASDAQ:UCTT) last released its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.62 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.02). Ultra Clean Holdings had a return on equity of 28.77% and a net margin of 7.55%. The firm had revenue of $242.60 million during the quarter, compared to analysts’ expectations of $239.11 million. During the same period in the prior year, the firm posted $0.17 earnings per share. Ultra Clean Holdings’s revenue for the quarter was up 65.9% compared to the same quarter last year. sell-side analysts anticipate that Ultra Clean Holdings, Inc. will post 2.34 EPS for the current fiscal year.

Ultra Clean Holdings Profile

Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

Institutional Ownership by Quarter for Ultra Clean Holdings (NASDAQ:UCTT)

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