Gabelli Funds LLC Has $296,000 Holdings in Universal Technical Institute, Inc. (UTI)

Gabelli Funds LLC cut its stake in shares of Universal Technical Institute, Inc. (NYSE:UTI) by 25.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 123,200 shares of the company’s stock after selling 42,800 shares during the quarter. Gabelli Funds LLC owned about 0.49% of Universal Technical Institute worth $296,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Alyeska Investment Group L.P. grew its stake in shares of Universal Technical Institute by 52.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 575,653 shares of the company’s stock worth $1,998,000 after purchasing an additional 198,298 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Universal Technical Institute by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 842,373 shares of the company’s stock worth $2,923,000 after purchasing an additional 28,802 shares during the period. Macquarie Group Ltd. acquired a new position in shares of Universal Technical Institute during the 3rd quarter worth $289,000. Quantum Capital Management grew its stake in shares of Universal Technical Institute by 1,477.3% during the 3rd quarter. Quantum Capital Management now owns 173,177 shares of the company’s stock worth $601,000 after purchasing an additional 162,198 shares during the period. Finally, Skylands Capital LLC grew its stake in shares of Universal Technical Institute by 44.3% during the 3rd quarter. Skylands Capital LLC now owns 108,000 shares of the company’s stock worth $375,000 after purchasing an additional 33,150 shares during the period. 56.69% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently weighed in on the stock. ValuEngine raised shares of Universal Technical Institute from a “strong sell” rating to a “sell” rating in a research note on Friday, February 9th. Zacks Investment Research raised shares of Universal Technical Institute from a “sell” rating to a “hold” rating in a research note on Monday, February 5th. Finally, Piper Jaffray Companies reissued a “hold” rating on shares of Universal Technical Institute in a research note on Friday, December 1st.

Shares of Universal Technical Institute, Inc. (NYSE UTI) opened at $2.59 on Friday. The company has a market cap of $65.03, a PE ratio of -5.08 and a beta of 3.50. Universal Technical Institute, Inc. has a 12 month low of $2.21 and a 12 month high of $3.87. The company has a quick ratio of 1.70, a current ratio of 1.69 and a debt-to-equity ratio of 0.26.

Universal Technical Institute (NYSE:UTI) last issued its quarterly earnings data on Thursday, November 30th. The company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.11). The business had revenue of $81.33 million during the quarter. Universal Technical Institute had a negative net margin of 2.35% and a negative return on equity of 7.58%. equities analysts anticipate that Universal Technical Institute, Inc. will post -0.79 earnings per share for the current year.

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Universal Technical Institute Company Profile

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).

Institutional Ownership by Quarter for Universal Technical Institute (NYSE:UTI)

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