32,100 Shares in Universal Technical Institute Inc $UTI Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new position in Universal Technical Institute Inc (NYSE:UTI) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 32,100 shares of the company’s stock, valued at approximately $839,000.

Several other institutional investors have also modified their holdings of the business. LPL Financial LLC lifted its stake in shares of Universal Technical Institute by 26.3% in the fourth quarter. LPL Financial LLC now owns 19,846 shares of the company’s stock worth $519,000 after acquiring an additional 4,131 shares in the last quarter. CenterBook Partners LP acquired a new position in shares of Universal Technical Institute in the fourth quarter worth about $381,000. Clearbridge Investments LLC lifted its stake in shares of Universal Technical Institute by 53.2% in the fourth quarter. Clearbridge Investments LLC now owns 555,573 shares of the company’s stock worth $14,517,000 after acquiring an additional 193,017 shares in the last quarter. Arcadia Wealth Management Inc. lifted its stake in shares of Universal Technical Institute by 7.4% in the fourth quarter. Arcadia Wealth Management Inc. now owns 28,946 shares of the company’s stock worth $756,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Universal Technical Institute by 23.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 475,380 shares of the company’s stock worth $12,422,000 after acquiring an additional 91,625 shares in the last quarter. Institutional investors and hedge funds own 75.67% of the company’s stock.

Insider Activity

In other news, Director Coliseum Capital Management, L sold 3,000,000 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $41.40, for a total transaction of $124,200,000.00. Following the completion of the transaction, the director owned 971,440 shares of the company’s stock, valued at approximately $40,217,616. The trade was a 75.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Christine Kline sold 3,500 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $44.42, for a total transaction of $155,470.00. Following the transaction, the chief accounting officer directly owned 43,006 shares of the company’s stock, valued at approximately $1,910,326.52. This trade represents a 7.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 3,023,500 shares of company stock worth $125,087,270. 9.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Wall Street Zen upgraded Universal Technical Institute from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Barrington Research boosted their price objective on Universal Technical Institute from $36.00 to $42.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Weiss Ratings lowered Universal Technical Institute from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Northland Securities set a $41.00 price objective on Universal Technical Institute in a report on Thursday, May 7th. Finally, Griffin Securities set a $49.00 price objective on Universal Technical Institute in a report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $44.25.

Universal Technical Institute Stock Up 0.9%

NYSE:UTI opened at $39.62 on Thursday. The firm has a market capitalization of $2.18 billion, a PE ratio of 51.45, a price-to-earnings-growth ratio of 3.45 and a beta of 1.25. The stock has a 50 day moving average of $38.06 and a 200-day moving average of $32.46. Universal Technical Institute Inc has a 52 week low of $21.29 and a 52 week high of $45.74. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.38.

Universal Technical Institute (NYSE:UTI) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $221.40 million for the quarter, compared to the consensus estimate of $221.61 million. Universal Technical Institute had a return on equity of 13.02% and a net margin of 4.91%. Analysts predict that Universal Technical Institute Inc will post 0.76 EPS for the current year.

Universal Technical Institute Company Profile

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.