4D Advisors LLC Buys Shares of 175,000 Universal Technical Institute Inc $UTI

4D Advisors LLC bought a new stake in Universal Technical Institute Inc (NYSE:UTI) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 175,000 shares of the company’s stock, valued at approximately $4,573,000. Universal Technical Institute makes up approximately 2.5% of 4D Advisors LLC’s holdings, making the stock its 17th largest holding. 4D Advisors LLC owned approximately 0.32% of Universal Technical Institute at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Leuthold Group LLC increased its holdings in Universal Technical Institute by 0.3% in the fourth quarter. Leuthold Group LLC now owns 141,748 shares of the company’s stock valued at $3,704,000 after buying an additional 439 shares in the last quarter. Verition Fund Management LLC increased 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 buying an additional 441 shares in the last quarter. Engineers Gate Manager LP increased 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 buying an additional 506 shares in the last quarter. SkyView Investment Advisors LLC increased its holdings in Universal Technical Institute by 1.2% in the second quarter. SkyView Investment Advisors LLC now owns 42,404 shares of the company’s stock valued at $1,460,000 after buying an additional 506 shares in the last quarter. Finally, ProShare Advisors LLC increased its holdings in Universal Technical Institute by 6.9% in the fourth quarter. ProShare Advisors LLC now owns 8,530 shares of the company’s stock valued at $223,000 after buying an additional 549 shares in the last quarter. 75.67% of the stock is owned by hedge funds and other institutional investors.

Universal Technical Institute Stock Up 0.9%

Shares of UTI opened at $38.81 on Thursday. The firm has a market cap of $2.14 billion, a PE ratio of 50.40, a price-to-earnings-growth ratio of 3.37 and a beta of 1.25. The company’s fifty day moving average is $38.27 and its two-hundred day moving average is $33.02. Universal Technical Institute Inc has a fifty-two week low of $21.29 and a fifty-two week high of $45.74. The company has a quick ratio of 1.17, a current 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 for the quarter. The company had revenue of $221.40 million for the quarter, compared to analyst estimates of $221.61 million. Universal Technical Institute had a net margin of 4.91% and a return on equity of 13.02%. Analysts forecast that Universal Technical Institute Inc will post 0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on UTI. Wall Street Zen raised shares of Universal Technical Institute from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. B. Riley Financial reissued a “buy” rating on shares of Universal Technical Institute in a research note on Thursday, April 30th. Rosenblatt Securities raised their price objective on shares of Universal Technical Institute from $36.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Griffin Securities set a $49.00 price objective on shares of Universal Technical Institute in a research note on Thursday, April 30th. Finally, Weiss Ratings cut shares of Universal Technical Institute from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $44.25.

Insider Buying and Selling at Universal Technical Institute

In related news, Director Coliseum Capital Management, L sold 3,000,000 shares of Universal Technical Institute 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 transaction, the director owned 971,440 shares in the company, valued at approximately $40,217,616. The trade was a 75.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Christine Kline sold 3,500 shares of Universal Technical Institute 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 owned 43,006 shares in the company, valued at $1,910,326.52. The trade was a 7.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,018,500 shares of company stock worth $124,904,320 in the last quarter. 9.80% of the stock is owned by insiders.

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.