ValuEngine upgraded shares of Universal Technical Institute (NYSE:UTI) from a strong sell rating to a sell rating in a research note issued to investors on Friday morning.

A number of other research analysts have also issued reports on the stock. Zacks Investment Research upgraded shares of Universal Technical Institute from a sell rating to a hold rating in a research report on Monday, February 5th. Piper Jaffray Companies restated a hold rating on shares of Universal Technical Institute in a research report on Friday, December 1st.

Universal Technical Institute (UTI) opened at $2.73 on Friday. Universal Technical Institute has a 52-week low of $2.21 and a 52-week high of $3.87. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.33.

Universal Technical Institute (NYSE:UTI) last announced its earnings results on Thursday, November 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.11). Universal Technical Institute had a negative return on equity of 8.05% and a negative net margin of 2.35%. The business had revenue of $81.33 million for the quarter. equities research analysts expect that Universal Technical Institute will post -0.78 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Macquarie Group Ltd. acquired a new stake in shares of Universal Technical Institute during the 3rd quarter worth approximately $289,000. Alyeska Investment Group L.P. boosted its position in shares of Universal Technical Institute by 52.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 575,653 shares of the company’s stock worth $1,998,000 after acquiring an additional 198,298 shares in the last quarter. Quantum Capital Management boosted its position in shares of Universal Technical Institute by 1,477.3% during the 3rd quarter. Quantum Capital Management now owns 173,177 shares of the company’s stock worth $601,000 after acquiring an additional 162,198 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Universal Technical Institute during the 2nd quarter worth approximately $426,000. Finally, Skylands Capital LLC boosted its position in shares of Universal Technical Institute by 44.3% during the 3rd quarter. Skylands Capital LLC now owns 108,000 shares of the company’s stock worth $375,000 after acquiring an additional 33,150 shares in the last quarter. Institutional investors and hedge funds own 57.07% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This article was first posted by Watch List News and is owned by of Watch List News. If you are accessing this article on another website, it was illegally stolen and reposted in violation of United States and international copyright and trademark law. The correct version of this article can be accessed at https://www.watchlistnews.com/universal-technical-institute-uti-lifted-to-sell-at-valuengine/1857359.html.

Universal Technical Institute Company Profile

Universal Technical Institute, Inc is a provider of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as measured by total average undergraduate full-time enrollment and graduates. The Company offers undergraduate degree or diploma programs at approximately 12 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute (NASCAR Tech).

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Universal Technical Institute Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Technical Institute and related companies with MarketBeat.com's FREE daily email newsletter.