Universal Technical Institute, Inc. (NYSE:UTI - Get Free Report) Director Loretta Lydia Sanchez sold 8,719 shares of the stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $15.07, for a total value of $131,395.33. Following the transaction, the director now directly owns 20,000 shares of the company's stock, valued at $301,400. The sale was disclosed in a filing with the SEC, which is available at this link.
Universal Technical Institute Stock Performance
Shares of UTI stock opened at $15.94 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The business has a 50 day moving average of $14.91 and a two-hundred day moving average of $11.92. Universal Technical Institute, Inc. has a 52 week low of $5.63 and a 52 week high of $16.37. The company has a market cap of $543.16 million, a P/E ratio of 61.31, a PEG ratio of 1.44 and a beta of 1.20.
Universal Technical Institute (NYSE:UTI - Get Free Report) last issued its earnings results on Wednesday, February 7th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.11. The company had revenue of $174.70 million during the quarter, compared to the consensus estimate of $168.19 million. Universal Technical Institute had a return on equity of 9.25% and a net margin of 2.41%. As a group, analysts anticipate that Universal Technical Institute, Inc. will post 0.7 EPS for the current year.
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Several equities analysts recently weighed in on UTI shares. StockNews.com downgraded Universal Technical Institute from a "buy" rating to a "hold" rating in a research note on Wednesday. TheStreet upgraded Universal Technical Institute from a "c+" rating to a "b" rating in a report on Thursday, February 1st. Barrington Research raised their price objective on Universal Technical Institute from $15.00 to $18.00 and gave the stock an "outperform" rating in a report on Thursday, February 8th. Northland Securities initiated coverage on Universal Technical Institute in a report on Wednesday, January 10th. They set an "outperform" rating and a $16.00 price objective on the stock. Finally, Rosenblatt Securities raised their price objective on Universal Technical Institute from $14.00 to $17.00 and gave the stock a "buy" rating in a report on Thursday, January 25th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $15.20.
Check Out Our Latest Research Report on Universal Technical Institute
Institutional Investors Weigh In On Universal Technical Institute
Large investors have recently bought and sold shares of the business. Brandywine Global Investment Management LLC lifted its position in Universal Technical Institute by 8.3% during the 3rd quarter. Brandywine Global Investment Management LLC now owns 15,540 shares of the company's stock worth $130,000 after acquiring an additional 1,190 shares during the last quarter. Nuveen Asset Management LLC lifted its position in Universal Technical Institute by 2.1% during the 3rd quarter. Nuveen Asset Management LLC now owns 68,640 shares of the company's stock worth $373,000 after acquiring an additional 1,443 shares during the last quarter. Kennedy Capital Management LLC lifted its position in Universal Technical Institute by 2.4% during the 3rd quarter. Kennedy Capital Management LLC now owns 74,516 shares of the company's stock worth $624,000 after acquiring an additional 1,751 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Universal Technical Institute by 2.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 89,327 shares of the company's stock worth $600,000 after acquiring an additional 2,240 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its position in Universal Technical Institute by 28.0% during the 4th quarter. New York State Common Retirement Fund now owns 10,493 shares of the company's stock worth $131,000 after acquiring an additional 2,296 shares during the last quarter. 75.67% of the stock is currently owned by institutional investors.
About Universal Technical Institute
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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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