Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 13,398 Universal Technical Institute Inc $UTI

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Universal Technical Institute Inc (NYSE:UTI) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 13,398 shares of the company’s stock, valued at approximately $350,000.

Several other institutional investors have also modified their holdings of UTI. Thrivent Financial for Lutherans purchased a new position in Universal Technical Institute in the third quarter valued at about $27,924,000. Baillie Gifford & Co. purchased a new stake in Universal Technical Institute during the 3rd quarter worth approximately $18,901,000. Wasatch Advisors LP raised its position in shares of Universal Technical Institute by 22.5% in the 3rd 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 in the last quarter. Alyeska Investment Group L.P. boosted its stake in shares of Universal Technical Institute by 95.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 822,533 shares of the company’s stock valued at $26,773,000 after buying an additional 402,250 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Universal Technical Institute by 1,393.2% during the 3rd quarter. Millennium Management LLC now owns 269,982 shares of the company’s stock valued at $8,788,000 after buying an additional 251,901 shares during the last quarter. Institutional investors and hedge funds own 75.67% of the company’s stock.

Universal Technical Institute Stock Performance

UTI stock opened at $38.56 on Wednesday. The stock’s 50 day simple moving average is $36.33 and its 200 day simple moving average is $30.80. Universal Technical Institute Inc has a 12-month low of $21.29 and a 12-month high of $40.41. The firm has a market cap of $2.12 billion, a P/E ratio of 39.76, a P/E/G ratio of 3.21 and a beta of 1.28. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29.

Universal Technical Institute (NYSE:UTI) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Universal Technical Institute had a net margin of 6.28% and a return on equity of 16.98%. The firm had revenue of $220.84 million during the quarter, compared to the consensus estimate of $216.65 million. As a group, equities research analysts predict that Universal Technical Institute Inc will post 0.77 EPS for the current year.

Analyst Upgrades and Downgrades

UTI has been the subject of a number of research analyst reports. Griffin Securities set a $49.00 price target on shares of Universal Technical Institute in a research note on Thursday, April 30th. Rosenblatt Securities reissued a “buy” rating and set a $36.00 price objective on shares of Universal Technical Institute in a report on Thursday, February 5th. 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. Zacks Research upgraded shares of Universal Technical Institute from a “strong sell” rating to a “hold” rating in a research note on Friday, February 6th. Finally, Wall Street Zen raised shares of Universal Technical Institute from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $39.80.

Insider Activity at Universal Technical Institute

In other news, Director Shannon Lei Okinaka sold 10,000 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $34.74, for a total transaction of $347,400.00. Following the completion of the transaction, the director owned 19,808 shares in the company, valued at approximately $688,129.92. This represents a 33.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jerome Alan Grant sold 60,040 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $34.95, for a total transaction of $2,098,398.00. Following the completion of the sale, the chief executive officer directly owned 430,215 shares in the company, valued at approximately $15,036,014.25. This trade represents a 12.25% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 145,961 shares of company stock valued at $5,248,127. Company insiders own 9.80% of the company’s stock.

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.