CW Advisors LLC bought a new position in shares of Universal Technical Institute Inc (NYSE:UTI – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 251,653 shares of the company’s stock, valued at approximately $8,529,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership grew its stake in shares of Universal Technical Institute by 88.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 418,518 shares of the company’s stock worth $14,184,000 after acquiring an additional 196,800 shares in the last quarter. Quantbot Technologies LP purchased a new position in Universal Technical Institute in the second quarter valued at $344,000. Lumbard & Kellner LLC acquired a new position in Universal Technical Institute during the 2nd quarter worth $635,000. Loomis Sayles & Co. L P purchased a new stake in Universal Technical Institute during the 2nd quarter worth about $18,559,000. Finally, Skandinaviska Enskilda Banken AB publ increased its holdings in Universal Technical Institute by 77.5% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 4,201 shares of the company’s stock worth $142,000 after purchasing an additional 1,834 shares during the period. Hedge funds and other institutional investors own 75.67% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on UTI. Zacks Research cut Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. Barrington Research reiterated an “outperform” rating and issued a $36.00 price target on shares of Universal Technical Institute in a research note on Thursday, November 20th. Rosenblatt Securities reissued a “buy” rating and issued a $36.00 price objective on shares of Universal Technical Institute in a research report on Thursday, November 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Universal Technical Institute in a report on Monday. Finally, Wall Street Zen downgraded shares of Universal Technical Institute from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.83.
Insider Activity
In other news, Director Coliseum Capital Management, L bought 467,020 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was purchased at an average cost of $24.40 per share, with a total value of $11,395,288.00. Following the transaction, the director directly owned 3,424,374 shares in the company, valued at $83,554,725.60. This trade represents a 15.79% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 15.10% of the stock is currently owned by company insiders.
Universal Technical Institute Price Performance
Shares of NYSE:UTI opened at $26.09 on Friday. Universal Technical Institute Inc has a 12 month low of $21.29 and a 12 month high of $36.32. The firm has a market capitalization of $1.42 billion, a P/E ratio of 22.89, a P/E/G ratio of 2.18 and a beta of 1.37. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.07 and a quick ratio of 1.07. The company’s fifty day moving average price is $29.29 and its 200 day moving average price is $30.36.
Universal Technical Institute (NYSE:UTI – Get Free Report) last issued its quarterly earnings data on Wednesday, November 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.08. Universal Technical Institute had a return on equity of 25.65% and a net margin of 7.54%.The company had revenue of $222.44 million for the quarter, compared to analyst estimates of $219.33 million. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. As a group, sell-side analysts predict that Universal Technical Institute Inc will post 1 earnings per share for the current fiscal year.
About Universal Technical Institute
Universal Technical Institute, Inc provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.
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