Tudor Investment Corp ET AL Has $4.57 Million Position in Universal Technical Institute Inc $UTI

Tudor Investment Corp ET AL cut its holdings in Universal Technical Institute Inc (NYSE:UTI) by 21.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 140,236 shares of the company’s stock after selling 39,366 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Universal Technical Institute were worth $4,565,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans acquired a new position in shares of Universal Technical Institute in the 3rd quarter valued at $27,924,000. Baillie Gifford & Co. acquired a new stake in shares of Universal Technical Institute during the third quarter worth $18,901,000. Loomis Sayles & Co. L P acquired a new stake in shares of Universal Technical Institute during the second quarter worth $18,559,000. Wasatch Advisors LP increased its holdings in Universal Technical Institute by 22.5% in the third quarter. Wasatch Advisors LP now owns 2,361,019 shares of the company’s stock valued at $76,851,000 after purchasing an additional 433,824 shares during the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in Universal Technical Institute by 95.7% in the third quarter. Alyeska Investment Group L.P. now owns 822,533 shares of the company’s stock valued at $26,773,000 after purchasing an additional 402,250 shares during the last quarter. Institutional investors and hedge funds own 75.67% of the company’s stock.

Insiders Place Their Bets

In other Universal Technical Institute news, Director George W. Brochick sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $36.59, for a total transaction of $182,950.00. Following the sale, the director directly owned 27,516 shares in the company, valued at approximately $1,006,810.44. This trade represents a 15.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Sherrell Smith sold 30,000 shares of Universal Technical Institute stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $36.99, for a total transaction of $1,109,700.00. Following the completion of the transaction, the executive vice president directly owned 129,375 shares in the company, valued at approximately $4,785,581.25. The trade was a 18.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 145,961 shares of company stock worth $5,248,127 in the last three months. 9.80% of the stock is owned by corporate insiders.

Universal Technical Institute Stock Performance

Shares of Universal Technical Institute stock opened at $39.67 on Thursday. The stock’s fifty day simple moving average is $31.86 and its 200 day simple moving average is $29.51. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $2.18 billion, a PE ratio of 40.90, a PEG ratio of 3.39 and a beta of 1.31. Universal Technical Institute Inc has a 12 month low of $21.29 and a 12 month high of $40.41.

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded Universal Technical Institute from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $36.00 price target on shares of Universal Technical Institute in a research note on Thursday, February 5th. Zacks Research upgraded shares of 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 objective on shares of Universal Technical Institute in a research note on Thursday, February 5th. Finally, Weiss Ratings cut shares of Universal Technical Institute from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.20.

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.