Robeco Institutional Asset Management B.V. Makes New Investment in Universal Technical Institute Inc $UTI

Robeco Institutional Asset Management B.V. acquired a new position in shares of Universal Technical Institute Inc (NYSE:UTI - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 57,109 shares of the company's stock, valued at approximately $1,935,000. Robeco Institutional Asset Management B.V. owned 0.10% of Universal Technical Institute as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. CWM LLC boosted its stake in shares of Universal Technical Institute by 105.0% in the first quarter. CWM LLC now owns 2,167 shares of the company's stock valued at $56,000 after purchasing an additional 1,110 shares during the period. NewEdge Advisors LLC purchased a new position in shares of Universal Technical Institute in the first quarter valued at $57,000. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Universal Technical Institute in the first quarter valued at $61,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Universal Technical Institute in the first quarter valued at $68,000. Finally, USA Financial Formulas purchased a new position in shares of Universal Technical Institute in the first quarter valued at $84,000. 75.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Rosenblatt Securities reiterated a "buy" rating and set a $36.00 price objective on shares of Universal Technical Institute in a research note on Thursday, August 7th. Barrington Research reiterated an "outperform" rating and set a $36.00 price objective on shares of Universal Technical Institute in a research note on Monday, September 29th. Weiss Ratings reiterated a "buy (b)" rating on shares of Universal Technical Institute in a research note on Saturday, September 27th. 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 investment analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to data from MarketBeat, Universal Technical Institute has an average rating of "Buy" and an average price target of $35.83.

Universal Technical Institute Stock Down 5.5%

UTI stock opened at $30.07 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.23. Universal Technical Institute Inc has a fifty-two week low of $15.18 and a fifty-two week high of $36.32. The firm's 50-day simple moving average is $28.56 and its 200 day simple moving average is $30.20. The stock has a market cap of $1.64 billion, a PE ratio of 26.37, a price-to-earnings-growth ratio of 2.18 and a beta of 1.58.

Universal Technical Institute (NYSE:UTI - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.07. Universal Technical Institute had a net margin of 7.79% and a return on equity of 22.12%. The business had revenue of $204.30 million for the quarter, compared to analysts' expectations of $200.01 million. As a group, sell-side analysts predict that Universal Technical Institute Inc will post 1 EPS for the current year.

Universal Technical Institute Company Profile

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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