Alpine Woods Capital Investors LLC boosted its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 35.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,000 shares of the semiconductor company’s stock after purchasing an additional 5,000 shares during the period. Alpine Woods Capital Investors LLC owned about 0.06% of Ultra Clean Holdings worth $582,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Columbia Partners L L C Investment Management purchased a new stake in Ultra Clean Holdings during the third quarter valued at approximately $698,000. Macquarie Group Ltd. purchased a new stake in Ultra Clean Holdings during the third quarter valued at approximately $752,000. SG Americas Securities LLC purchased a new stake in Ultra Clean Holdings during the third quarter valued at approximately $120,000. Cypress Capital Management LLC WY purchased a new stake in Ultra Clean Holdings during the third quarter valued at approximately $1,084,000. Finally, Strategic Wealth Advisors Group LLC purchased a new stake in Ultra Clean Holdings during the third quarter valued at approximately $638,000. Institutional investors own 74.84% of the company’s stock.

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A number of brokerages have commented on UCTT. BidaskClub cut shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Zacks Investment Research cut shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research note on Saturday, November 11th. Needham & Company LLC increased their price objective on shares of Ultra Clean Holdings from $22.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, July 28th. Cowen and Company set a $26.00 price objective on shares of Ultra Clean Holdings and gave the stock a “hold” rating in a research note on Friday, July 28th. Finally, Dougherty & Co increased their price objective on shares of Ultra Clean Holdings from $29.50 to $32.00 and gave the stock a “buy” rating in a research note on Friday, July 28th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $30.67.

Ultra Clean Holdings, Inc. (NASDAQ UCTT) traded up $1.18 on Wednesday, reaching $26.19. 1,208,100 shares of the company traded hands, compared to its average volume of 983,242. Ultra Clean Holdings, Inc. has a 52 week low of $9.25 and a 52 week high of $34.59. The company has a quick ratio of 1.09, a current ratio of 2.06 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $841.02, a PE ratio of 12.08, a price-to-earnings-growth ratio of 0.71 and a beta of 1.11.

Ultra Clean Holdings (NASDAQ:UCTT) last released its earnings results on Wednesday, October 25th. The semiconductor company reported $0.62 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.02). The firm had revenue of $242.60 million during the quarter, compared to the consensus estimate of $239.11 million. Ultra Clean Holdings had a return on equity of 28.77% and a net margin of 7.55%. Ultra Clean Holdings’s revenue was up 65.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 EPS. analysts anticipate that Ultra Clean Holdings, Inc. will post 2.34 earnings per share for the current year.

In other news, SVP Ronald D’ercole sold 5,202 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $24.49, for a total value of $127,396.98. Following the completion of the sale, the senior vice president now owns 60,900 shares in the company, valued at approximately $1,491,441. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Speirs sold 19,029 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $24.04, for a total transaction of $457,457.16. Following the completion of the sale, the senior vice president now owns 100,879 shares of the company’s stock, valued at approximately $2,425,131.16. The disclosure for this sale can be found here. Insiders sold a total of 49,560 shares of company stock valued at $1,309,311 in the last 90 days. Company insiders own 2.60% of the company’s stock.

Ultra Clean Holdings Profile

Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

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Institutional Ownership by Quarter for Ultra Clean Holdings (NASDAQ:UCTT)

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