Universal Technical Institute Inc (NYSE:UTI) insider Kimberly J. Mcwaters bought 4,745 shares of the stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average price of $3.63 per share, for a total transaction of $17,224.35. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Universal Technical Institute Inc (NYSE:UTI) opened at $2.90 on Tuesday. Universal Technical Institute Inc has a 1 year low of $2.59 and a 1 year high of $5.38. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.92 and a current ratio of 1.70.
Universal Technical Institute (NYSE:UTI) last issued its quarterly earnings results on Thursday, November 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.11). Universal Technical Institute had a negative net margin of 2.51% and a negative return on equity of 5.65%. The firm had revenue of $81.33 million for the quarter. analysts anticipate that Universal Technical Institute Inc will post -0.05 earnings per share for the current year.
Several analysts recently commented on the company. ValuEngine cut Universal Technical Institute from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Piper Jaffray Companies reiterated a “hold” rating and set a $6.00 price target on shares of Universal Technical Institute in a research report on Tuesday, October 17th. Finally, Zacks Investment Research cut Universal Technical Institute from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd.
Several hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp boosted its stake in shares of Universal Technical Institute by 1.0% during the 1st quarter. Bank of New York Mellon Corp now owns 42,122 shares of the company’s stock worth $145,000 after acquiring an additional 400 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Universal Technical Institute by 8.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 753,977 shares of the company’s stock worth $2,601,000 after acquiring an additional 58,486 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Universal Technical Institute by 5.6% during the 1st quarter. Renaissance Technologies LLC now owns 1,152,600 shares of the company’s stock worth $3,976,000 after acquiring an additional 61,600 shares in the last quarter. Skylands Capital LLC bought a new stake in shares of Universal Technical Institute during the 2nd quarter worth $267,000. Finally, Spark Investment Management LLC bought a new stake in shares of Universal Technical Institute during the 2nd quarter worth $107,000. Institutional investors own 57.73% of the company’s stock.
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About Universal Technical Institute
Universal Technical Institute, Inc is a provider of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as measured by total average undergraduate full-time enrollment and graduates. The Company offers undergraduate degree or diploma programs at approximately 12 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute (NASCAR Tech).
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