Alyeska Investment Group L.P. raised its position in shares of Universal Technical Institute Inc (NYSE:UTI) by 52.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 575,653 shares of the company’s stock after buying an additional 198,298 shares during the quarter. Alyeska Investment Group L.P. owned 2.32% of Universal Technical Institute worth $1,998,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of UTI. Quantum Capital Management lifted its stake in Universal Technical Institute by 1,477.3% during the third quarter. Quantum Capital Management now owns 173,177 shares of the company’s stock valued at $601,000 after buying an additional 162,198 shares in the last quarter. Janus Henderson Group PLC acquired a new position in shares of Universal Technical Institute in the 2nd quarter valued at about $426,000. Macquarie Group Ltd. acquired a new position in shares of Universal Technical Institute in the 3rd quarter valued at about $289,000. Dimensional Fund Advisors LP increased its holdings in shares of Universal Technical Institute by 7.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 813,571 shares of the company’s stock valued at $2,904,000 after purchasing an additional 59,594 shares during the period. Finally, Skylands Capital LLC increased its holdings in shares of Universal Technical Institute by 44.3% in the 3rd quarter. Skylands Capital LLC now owns 108,000 shares of the company’s stock valued at $375,000 after purchasing an additional 33,150 shares during the period. 57.15% of the stock is owned by institutional investors.

UTI has been the topic of a number of research reports. Piper Jaffray Companies reiterated a “hold” rating on shares of Universal Technical Institute in a report on Friday, December 1st. Zacks Investment Research downgraded Universal Technical Institute from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Finally, ValuEngine downgraded Universal Technical Institute from a “hold” rating to a “sell” rating in a report on Friday, September 1st.

Shares of Universal Technical Institute Inc (NYSE:UTI) remained flat at $$2.55 on Thursday. 105,500 shares of the stock traded hands, compared to its average volume of 47,280. Universal Technical Institute Inc has a twelve month low of $2.50 and a twelve month high of $3.87. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.33.

Universal Technical Institute (NYSE:UTI) last issued its earnings results on Thursday, November 30th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.11). The business had revenue of $81.33 million during the quarter. Universal Technical Institute had a negative net margin of 2.51% and a negative return on equity of 5.65%. sell-side analysts forecast that Universal Technical Institute Inc will post -0.39 earnings per share for the current fiscal year.

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Universal Technical Institute Profile

Universal Technical Institute, Inc is a provider of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as measured by total average undergraduate full-time enrollment and graduates. The Company offers undergraduate degree or diploma programs at approximately 12 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute (NASCAR Tech).

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Institutional Ownership by Quarter for Universal Technical Institute (NYSE:UTI)

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