Goodman Financial Corp Has $9.77 Million Position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Goodman Financial Corp increased its position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 18.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 456,308 shares of the semiconductor company's stock after purchasing an additional 69,657 shares during the quarter. Ultra Clean makes up 2.1% of Goodman Financial Corp's holdings, making the stock its 29th largest position. Goodman Financial Corp owned about 1.01% of Ultra Clean worth $9,770,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. KLP Kapitalforvaltning AS acquired a new stake in Ultra Clean during the 4th quarter valued at $356,000. LPL Financial LLC raised its position in shares of Ultra Clean by 6.2% in the fourth quarter. LPL Financial LLC now owns 25,876 shares of the semiconductor company's stock valued at $930,000 after purchasing an additional 1,504 shares during the period. Vanguard Group Inc. raised its position in shares of Ultra Clean by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 4,835,228 shares of the semiconductor company's stock valued at $173,826,000 after purchasing an additional 129,616 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Ultra Clean by 27.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,513 shares of the semiconductor company's stock worth $395,000 after buying an additional 2,277 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Ultra Clean by 10.0% during the 4th quarter. JPMorgan Chase & Co. now owns 556,556 shares of the semiconductor company's stock worth $20,008,000 after buying an additional 50,449 shares during the period. 96.06% of the stock is owned by institutional investors.

Ultra Clean Price Performance

Ultra Clean stock traded down $0.22 during mid-day trading on Friday, reaching $22.30. 545,023 shares of the company were exchanged, compared to its average volume of 498,639. The firm has a market cap of $1.01 billion, a PE ratio of -6.60, a PEG ratio of 0.87 and a beta of 1.99. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.06 and a quick ratio of 1.83. The company has a fifty day simple moving average of $22.56 and a 200-day simple moving average of $25.07. Ultra Clean Holdings, Inc. has a 12 month low of $16.66 and a 12 month high of $41.90.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. Ultra Clean had a positive return on equity of 5.32% and a negative net margin of 7.15%. The company had revenue of $518.80 million for the quarter, compared to analysts' expectations of $500.83 million. During the same quarter last year, the business earned $0.32 earnings per share. Ultra Clean's revenue was up .5% on a year-over-year basis. As a group, equities research analysts expect that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current fiscal year.

Insider Buying and Selling at Ultra Clean

In other news, insider Jeffrey L. Mckibben sold 6,294 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $20.87, for a total transaction of $131,355.78. Following the completion of the sale, the insider owned 21,996 shares of the company's stock, valued at approximately $459,056.52. This represents a 22.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Jamie J. Palfrey sold 9,500 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $19.20, for a total transaction of $182,400.00. Following the sale, the senior vice president owned 30,465 shares in the company, valued at $584,928. This represents a 23.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,878 shares of company stock valued at $399,765 in the last ninety days. 1.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Oppenheimer decreased their price target on shares of Ultra Clean from $60.00 to $30.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. Wall Street Zen cut shares of Ultra Clean from a "hold" rating to a "sell" rating in a research report on Wednesday, April 30th. TD Cowen decreased their price target on shares of Ultra Clean from $48.00 to $32.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Finally, Needham & Company LLC lifted their price objective on shares of Ultra Clean from $26.00 to $30.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.