13,398 Shares in Universal Technical Institute Inc $UTI Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Universal Technical Institute Inc (NYSE:UTI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 13,398 shares of the company’s stock, valued at approximately $350,000.

A number of other hedge funds also recently made changes to their positions in the stock. Verdence Capital Advisors LLC increased its holdings in shares of Universal Technical Institute by 3.4% during the 3rd quarter. Verdence Capital Advisors LLC now owns 11,259 shares of the company’s stock worth $383,000 after buying an additional 367 shares during the last quarter. Verition Fund Management LLC boosted its holdings in Universal Technical Institute by 2.1% in the third quarter. Verition Fund Management LLC now owns 21,034 shares of the company’s stock valued at $685,000 after acquiring an additional 441 shares during the last quarter. Engineers Gate Manager LP boosted its holdings in Universal Technical Institute by 4.3% in the second quarter. Engineers Gate Manager LP now owns 12,299 shares of the company’s stock valued at $417,000 after acquiring an additional 506 shares during the last quarter. SkyView Investment Advisors LLC grew its position in Universal Technical Institute by 1.2% during the second quarter. SkyView Investment Advisors LLC now owns 42,404 shares of the company’s stock valued at $1,460,000 after acquiring an additional 506 shares during the period. Finally, Gibbs Wealth Management increased its stake in Universal Technical Institute by 3.5% during the third quarter. Gibbs Wealth Management now owns 21,292 shares of the company’s stock worth $693,000 after acquiring an additional 711 shares during the last quarter. Institutional investors and hedge funds own 75.67% of the company’s stock.

Insider Activity

In other Universal Technical Institute news, COO Todd A. Hitchcock sold 16,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $37.33, for a total value of $615,945.00. Following the completion of the transaction, the chief operating officer owned 104,084 shares in the company, valued at $3,885,455.72. This represents a 13.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director George W. Brochick sold 5,000 shares of Universal Technical Institute 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 owned 27,516 shares in the company, valued at $1,006,810.44. This represents a 15.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 145,961 shares of company stock worth $5,248,127 in the last ninety days. 9.80% of the stock is currently owned by company insiders.

Universal Technical Institute Trading Up 4.0%

NYSE:UTI opened at $38.56 on Wednesday. The business’s 50-day moving average is $36.33 and its two-hundred day moving average is $30.80. The firm has a market capitalization of $2.12 billion, a PE ratio of 39.76, a price-to-earnings-growth ratio of 3.21 and a beta of 1.28. Universal Technical Institute Inc has a 12 month low of $21.29 and a 12 month high of $40.41. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.14 and a quick ratio of 1.14.

Universal Technical Institute (NYSE:UTI) last issued its earnings results on Wednesday, February 4th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.08. Universal Technical Institute had a return on equity of 16.98% and a net margin of 6.28%.The company had revenue of $220.84 million during the quarter, compared to the consensus estimate of $216.65 million. Research analysts predict that Universal Technical Institute Inc will post 0.77 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on UTI. Griffin Securities set a $49.00 price objective on Universal Technical Institute in a report on Thursday, April 30th. Rosenblatt Securities reiterated a “buy” rating and set a $36.00 target price on shares of Universal Technical Institute in a report on Thursday, February 5th. 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. Zacks Research raised shares of Universal Technical Institute from a “strong sell” rating to a “hold” rating in a research report on Friday, February 6th. Finally, Weiss Ratings cut shares of Universal Technical Institute from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $39.80.

About Universal Technical Institute

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.