Goldman Sachs Group Inc. increased its holdings in shares of Ultra Clean Holdings Inc (NASDAQ:UCTT) by 80.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,515 shares of the semiconductor company’s stock after buying an additional 88,348 shares during the period. Goldman Sachs Group Inc. owned 0.51% of Ultra Clean worth $4,561,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. raised its stake in shares of Ultra Clean by 26.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 798,845 shares of the semiconductor company’s stock worth $18,445,000 after buying an additional 169,045 shares during the last quarter. AWM Investment Company Inc. grew its holdings in Ultra Clean by 5.1% during the fourth quarter. AWM Investment Company Inc. now owns 785,000 shares of the semiconductor company’s stock valued at $18,126,000 after purchasing an additional 38,284 shares during the period. Smith Graham & Co. Investment Advisors LP grew its holdings in Ultra Clean by 22.8% during the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 740,027 shares of the semiconductor company’s stock valued at $17,087,000 after purchasing an additional 137,275 shares during the period. Allianz Asset Management GmbH grew its holdings in Ultra Clean by 63.3% during the fourth quarter. Allianz Asset Management GmbH now owns 403,190 shares of the semiconductor company’s stock valued at $9,310,000 after purchasing an additional 156,319 shares during the period. Finally, Paradigm Capital Management Inc. NY grew its holdings in Ultra Clean by 3.5% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 354,000 shares of the semiconductor company’s stock valued at $8,174,000 after purchasing an additional 11,900 shares during the period. 68.59% of the stock is owned by institutional investors and hedge funds.
A number of research analysts recently issued reports on UCTT shares. Zacks Investment Research cut shares of Ultra Clean from a “buy” rating to a “hold” rating and set a $27.00 price objective for the company. in a report on Saturday, January 6th. Cowen restated a “buy” rating on shares of Ultra Clean in a report on Thursday, February 15th. BidaskClub cut shares of Ultra Clean from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Finally, ValuEngine cut shares of Ultra Clean from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Ultra Clean presently has a consensus rating of “Hold” and an average price target of $31.33.
Shares of NASDAQ UCTT opened at $17.99 on Monday. The company has a market cap of $692.08, a P/E ratio of 7.69, a PEG ratio of 0.56 and a beta of 0.89. The company has a quick ratio of 0.82, a current ratio of 1.97 and a debt-to-equity ratio of 0.13. Ultra Clean Holdings Inc has a 52-week low of $14.93 and a 52-week high of $34.59.
Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings data on Wednesday, February 21st. The semiconductor company reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.01). The firm had revenue of $248.89 million for the quarter, compared to analyst estimates of $248.73 million. Ultra Clean had a net margin of 8.12% and a return on equity of 29.62%. The firm’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.36 EPS. equities research analysts predict that Ultra Clean Holdings Inc will post 2.3 earnings per share for the current year.
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Ultra Clean Profile
Ultra Clean Holdings, Inc designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor and display capital equipment industries primarily in North America, Asia, and Europe. It offers precision robotic systems that are used when accurate controlled motion is required; gas delivery systems, which include one or more gas lines consisting of small diameter internally polished stainless steel tubing products, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system; and various industrial and automation production equipment products.
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