Militia Capital Partners LP Acquires 19,700 Shares of Universal Technical Institute Inc $UTI

Militia Capital Partners LP grew its holdings in shares of Universal Technical Institute Inc (NYSE:UTI) by 43.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 64,940 shares of the company’s stock after buying an additional 19,700 shares during the quarter. Militia Capital Partners LP owned 0.12% of Universal Technical Institute worth $1,697,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in shares of Universal Technical Institute by 68.5% in the third quarter. Envestnet Asset Management Inc. now owns 152,499 shares of the company’s stock valued at $4,964,000 after purchasing an additional 61,971 shares during the period. Chatham Capital Group Inc. boosted its holdings in shares of Universal Technical Institute by 73.3% in the fourth quarter. Chatham Capital Group Inc. now owns 68,512 shares of the company’s stock valued at $1,790,000 after purchasing an additional 28,972 shares during the period. UBS Group AG boosted its holdings in shares of Universal Technical Institute by 89.0% in the fourth quarter. UBS Group AG now owns 231,717 shares of the company’s stock valued at $6,055,000 after purchasing an additional 109,100 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Universal Technical Institute by 132.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,998,354 shares of the company’s stock valued at $52,217,000 after purchasing an additional 1,140,465 shares during the period. Finally, Granahan Investment Management LLC boosted its holdings in shares of Universal Technical Institute by 107.7% in the third quarter. Granahan Investment Management LLC now owns 124,246 shares of the company’s stock valued at $4,044,000 after purchasing an additional 64,421 shares during the period. Institutional investors own 75.67% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Christine Kline sold 3,500 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $44.42, for a total transaction of $155,470.00. Following the completion of the sale, the chief accounting officer owned 43,006 shares in the company, valued at approximately $1,910,326.52. This represents a 7.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Linda J. Srere sold 15,000 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $36.59, for a total value of $548,850.00. Following the sale, the director owned 127,564 shares of the company’s stock, valued at approximately $4,667,566.76. This represents a 10.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,018,500 shares of company stock worth $124,904,320 over the last 90 days. Company insiders own 9.80% of the company’s stock.

Universal Technical Institute Stock Up 4.6%

Universal Technical Institute stock opened at $38.40 on Wednesday. The business has a fifty day moving average of $38.23 and a two-hundred day moving average of $32.91. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.38. The firm has a market cap of $2.11 billion, a P/E ratio of 49.87, a P/E/G ratio of 3.22 and a beta of 1.25. Universal Technical Institute Inc has a twelve month low of $21.29 and a twelve month high of $45.74.

Universal Technical Institute (NYSE:UTI) last posted its 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 during the quarter, compared to analyst estimates of $221.61 million. Universal Technical Institute had a return on equity of 13.02% and a net margin of 4.91%. On average, analysts forecast that Universal Technical Institute Inc will post 0.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UTI has been the subject of a number of research reports. Northland Securities set a $41.00 price target on Universal Technical Institute in a report on Thursday, May 7th. B. Riley Financial reiterated a “buy” rating on shares of Universal Technical Institute in a report on Thursday, April 30th. Griffin Securities set a $49.00 price target on Universal Technical Institute in a report on Thursday, April 30th. Rosenblatt Securities boosted their price target on Universal Technical Institute from $36.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Wall Street Zen upgraded Universal Technical Institute from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $44.25.

About Universal Technical Institute

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.