Universal Technical Institute Plans Quarterly Dividend of $0.10 (UTI)

Universal Technical Institute (NYSE:UTI) announced a quarterly dividend on Tuesday, June 11th, AnalystRatingsNetwork.com reports. Stockholders of record on Friday, June 21st will be paid a dividend of $0.10 per share on Friday, June 28th. This represents a $0.40 annualized dividend and a dividend yield of 3.47%.

A number of analysts have recently weighed in on UTI shares. Analysts at Zacks reiterated a “neutral” rating on shares of Universal Technical Institute in a research note to investors on Friday, May 3rd. They now have a $11.00 price target on the stock. On the ratings front, analysts at Thomson Reuters/Verus upgraded shares of Universal Technical Institute from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, April 30th. Finally, analysts at Argus downgraded shares of Universal Technical Institute from a “buy” rating to a “sell” rating in a research note to investors on Tuesday, April 2nd.

Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Universal Technical Institute has an average rating of “Hold” and an average target price of $9.50.

Shares of Universal Technical Institute (NYSE: UTI) opened at 11.54 on Wednesday. Universal Technical Institute has a one year low of $8.00 and a one year high of $14.08. The stock’s 50-day moving average is currently $11.63. The company has a market cap of $281.7 million and a P/E ratio of 54.69.

Universal Technical Institute (NYSE: UTI) last announced its earnings results on Tuesday, April 30th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.04 by $0.08. The company had revenue of $95.10 million for the quarter, compared to the consensus estimate of $95.68 million. During the same quarter last year, the company posted $0.08 earnings per share. Universal Technical Institute’s revenue was down 10.5% compared to the same quarter last year. Analysts expect that Universal Technical Institute will post $0.18 EPS for the current fiscal year.

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 enrollment and graduates.

Latest News

ValuEngine Lowers Highwoods Properties  to Sell
ValuEngine Lowers Highwoods Properties to Sell
Commonwealth Equity Services LLC Increases Holdings in FIRST TRUST DORSEY WRIGHT INTERNATIONAL FOCUS 5 ETF
Commonwealth Equity Services LLC Increases Holdings in FIRST TRUST DORSEY WRIGHT INTERNATIONAL FOCUS 5 ETF
Xcel Energy  Downgraded by Zacks Investment Research to “Hold”
Xcel Energy Downgraded by Zacks Investment Research to “Hold”
NEVERDIE Hits One Day Trading Volume of $322.00
NEVERDIE Hits One Day Trading Volume of $322.00
P7Coin  Price Down 29.5% Over Last 7 Days
P7Coin Price Down 29.5% Over Last 7 Days
SPDR S&P Homebuilders  Shares Sold by Commonwealth Equity Services LLC
SPDR S&P Homebuilders Shares Sold by Commonwealth Equity Services LLC


© 2006-2018 Ticker Report. Google+.