Register Financial Advisors LLC Has $793,000 Position in Universal Technical Institute Inc $UTI

Register Financial Advisors LLC lifted its stake in shares of Universal Technical Institute Inc (NYSE:UTI) by 102.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,350 shares of the company’s stock after acquiring an additional 15,350 shares during the period. Register Financial Advisors LLC owned 0.06% of Universal Technical Institute worth $793,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of UTI. Newbridge Financial Services Group Inc. acquired a new position in shares of Universal Technical Institute during the 2nd quarter valued at $27,000. NewEdge Advisors LLC acquired a new position in shares of Universal Technical Institute during the 1st quarter valued at $57,000. State of Alaska Department of Revenue acquired a new position in shares of Universal Technical Institute during the 3rd quarter valued at $92,000. Norden Group LLC acquired a new position in shares of Universal Technical Institute during the 3rd quarter valued at $205,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Universal Technical Institute during the 3rd quarter valued at $212,000. Institutional investors and hedge funds own 75.67% of the company’s stock.

Insider Activity

In other news, Director George W. Brochick sold 5,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $36.59, for a total transaction of $182,950.00. Following the completion of the sale, the director directly owned 27,516 shares of the company’s stock, valued at $1,006,810.44. This trade represents a 15.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Sherrell Smith sold 22,671 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $37.10, for a total value of $841,094.10. Following the sale, the executive vice president directly owned 37,474 shares of the company’s stock, valued at approximately $1,390,285.40. This represents a 37.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 145,961 shares of company stock worth $5,248,127. 9.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UTI shares. Rosenblatt Securities reiterated a “buy” rating and set a $36.00 target price on shares of Universal Technical Institute in a research report on Thursday, February 5th. Barrington Research restated an “outperform” rating and set a $36.00 price objective on shares of Universal Technical Institute in a report on Thursday, February 5th. Weiss Ratings downgraded shares of Universal Technical Institute from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Zacks Research upgraded shares of Universal Technical Institute from a “strong sell” rating to a “hold” rating in a report on Friday, February 6th. Finally, Wall Street Zen upgraded shares of Universal Technical Institute from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $37.50.

Universal Technical Institute Stock Performance

NYSE UTI opened at $36.99 on Tuesday. Universal Technical Institute Inc has a 1 year low of $21.29 and a 1 year high of $40.41. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 38.13, a PEG ratio of 3.16 and a beta of 1.33. The company has a fifty day moving average price of $33.30 and a 200-day moving average price of $30.04.

Universal Technical Institute (NYSE:UTI) last posted its earnings results on Wednesday, February 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.08. Universal Technical Institute had a net margin of 6.28% and a return on equity of 16.98%. The firm had revenue of $220.84 million during the quarter, compared to analyst estimates of $216.65 million. As a group, equities research analysts predict that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.

Universal Technical Institute Profile

Universal Technical Institute, Inc (NYSE: UTI) is a leading provider of post-secondary education for students pursuing careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, as well as in welding and CNC machining. The company designs and delivers hands-on training through a blend of classroom instruction and experiential lab work, preparing graduates for entry-level positions in the transportation, manufacturing and energy sectors. UTI’s curriculum emphasizes industry-recognized credentials and proprietary coursework developed in collaboration with original equipment manufacturers (OEMs) to ensure alignment with evolving employer needs.

Through a network of campus locations across the United States and select centers in Canada, Universal Technical Institute offers diploma and certificate programs ranging from 36 to 74 weeks in length.