4D Advisors LLC bought a new stake in shares of Universal Technical Institute Inc (NYSE:UTI – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 175,000 shares of the company’s stock, valued at approximately $4,573,000. Universal Technical Institute makes up 2.5% of 4D Advisors LLC’s portfolio, making the stock its 17th biggest position.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Coliseum Capital Management LLC lifted its holdings in shares of Universal Technical Institute by 46.2% during the 4th quarter. Coliseum Capital Management LLC now owns 3,971,440 shares of the company’s stock valued at $103,774,000 after acquiring an additional 1,255,173 shares in the last quarter. Park West Asset Management LLC increased its stake in Universal Technical Institute by 6.3% during the 4th quarter. Park West Asset Management LLC now owns 496,923 shares of the company’s stock worth $12,985,000 after buying an additional 29,650 shares during the period. Trexquant Investment LP increased its stake in Universal Technical Institute by 64.0% during the 4th quarter. Trexquant Investment LP now owns 131,342 shares of the company’s stock worth $3,432,000 after buying an additional 51,272 shares during the period. Laurion Capital Management LP purchased a new stake in Universal Technical Institute during the 4th quarter worth $637,000. Finally, Price T Rowe Associates Inc. MD increased its stake in Universal Technical Institute by 65.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,599,534 shares of the company’s stock worth $41,797,000 after buying an additional 631,070 shares during the period. Institutional investors and hedge funds own 75.67% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. Rosenblatt Securities lifted their price target on shares of Universal Technical Institute from $36.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Barrington Research lifted their price target on shares of Universal Technical Institute from $36.00 to $42.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. B. Riley Financial reaffirmed a “buy” rating on shares of Universal Technical Institute in a research note on Thursday, April 30th. Wall Street Zen raised shares of Universal Technical Institute from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Northland Securities set a $41.00 price target on shares of Universal Technical Institute in a research note on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $44.25.
Insider Transactions at Universal Technical Institute
In related news, Director Linda J. Srere sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $36.59, for a total value of $548,850.00. Following the sale, the director owned 127,564 shares of the company’s stock, valued at approximately $4,667,566.76. This trade represents a 10.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Christine Kline sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $44.42, for a total value of $155,470.00. Following the completion of the sale, the chief accounting officer directly owned 43,006 shares in the company, valued at approximately $1,910,326.52. This trade represents a 7.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,018,500 shares of company stock worth $124,904,320. 9.80% of the stock is currently owned by company insiders.
Universal Technical Institute Price Performance
Shares of NYSE:UTI opened at $38.81 on Thursday. The company has a market cap of $2.14 billion, a PE ratio of 50.40, a P/E/G ratio of 3.37 and a beta of 1.25. Universal Technical Institute Inc has a fifty-two week low of $21.29 and a fifty-two week high of $45.74. The firm has a 50-day simple moving average of $38.27 and a 200 day simple moving average of $33.02. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.38.
Universal Technical Institute (NYSE:UTI – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $221.40 million for the quarter, compared to analyst estimates of $221.61 million. Universal Technical Institute had a net margin of 4.91% and a return on equity of 13.02%. On average, sell-side analysts anticipate that Universal Technical Institute Inc will post 0.76 EPS for the current year.
Universal Technical Institute 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.
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