Universal Technical Institute Inc $UTI Shares Purchased by Militia Capital Partners LP

Militia Capital Partners LP boosted its holdings in shares of Universal Technical Institute Inc (NYSE:UTI) by 81.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,240 shares of the company’s stock after purchasing an additional 20,300 shares during the period. Militia Capital Partners LP owned about 0.08% of Universal Technical Institute worth $1,473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. acquired a new stake in Universal Technical Institute during the 2nd quarter worth about $27,000. KBC Group NV purchased a new stake in shares of Universal Technical Institute in the second quarter worth about $34,000. PNC Financial Services Group Inc. grew its holdings in Universal Technical Institute by 17,142.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,207 shares of the company’s stock worth $41,000 after acquiring an additional 1,200 shares during the period. NewEdge Advisors LLC acquired a new stake in Universal Technical Institute during the first quarter worth about $57,000. Finally, State of Alaska Department of Revenue purchased a new position in Universal Technical Institute during the third quarter valued at approximately $92,000. 75.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Universal Technical Institute

In related news, SVP Carolyn Ann Frank sold 1,750 shares of Universal Technical Institute stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $30.08, for a total value of $52,640.00. Following the sale, the senior vice president directly owned 30,272 shares in the company, valued at approximately $910,581.76. The trade was a 5.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Jerome Alan Grant sold 60,040 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $34.95, for a total value of $2,098,398.00. Following the sale, the chief executive officer owned 430,215 shares of the company’s stock, valued at approximately $15,036,014.25. This trade represents a 12.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 140,961 shares of company stock worth $5,065,177 in the last three months. 9.80% of the stock is owned by corporate insiders.

Universal Technical Institute Price Performance

Shares of NYSE UTI opened at $36.09 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a fifty day moving average of $30.41 and a 200 day moving average of $29.00. The firm has a market cap of $1.99 billion, a PE ratio of 37.21, a PEG ratio of 3.12 and a beta of 1.31. Universal Technical Institute Inc has a one year low of $21.29 and a one year high of $38.02.

Universal Technical Institute (NYSE:UTI) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The business had revenue of $220.84 million for the quarter, compared to the consensus estimate of $216.65 million. Universal Technical Institute had a net margin of 6.28% and a return on equity of 16.98%. As a group, research analysts predict that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.

Analysts Set New Price Targets

UTI has been the topic of several recent research reports. Zacks Research upgraded Universal Technical Institute from a “strong sell” rating to a “hold” rating in a research report on Friday, February 6th. Barrington Research reissued an “outperform” rating and set a $36.00 price target on shares of Universal Technical Institute in a report on Thursday, February 5th. Wall Street Zen upgraded shares of Universal Technical Institute from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Universal Technical Institute in a report on Thursday, February 5th. Finally, Weiss Ratings downgraded shares of Universal Technical Institute from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Universal Technical Institute presently has a consensus rating of “Moderate Buy” and an average target price of $36.20.

Universal Technical Institute Company Profile

Universal Technical Institute, Inc (NYSE: UTI) is a leading provider of post-secondary education for students pursuing careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, as well as in welding and CNC machining. The company designs and delivers hands-on training through a blend of classroom instruction and experiential lab work, preparing graduates for entry-level positions in the transportation, manufacturing and energy sectors. UTI’s curriculum emphasizes industry-recognized credentials and proprietary coursework developed in collaboration with original equipment manufacturers (OEMs) to ensure alignment with evolving employer needs.

Through a network of campus locations across the United States and select centers in Canada, Universal Technical Institute offers diploma and certificate programs ranging from 36 to 74 weeks in length.