Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 2.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,078 shares of the semiconductor company’s stock after selling 417 shares during the period. Yousif Capital Management LLC’s holdings in Ultra Clean were worth $614,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Foundations Investment Advisors LLC acquired a new stake in Ultra Clean in the fourth quarter worth approximately $221,000. KBC Group NV lifted its position in Ultra Clean by 76.3% in the fourth quarter. KBC Group NV now owns 2,561 shares of the semiconductor company’s stock worth $92,000 after purchasing an additional 1,108 shares during the period. Janney Montgomery Scott LLC lifted its position in Ultra Clean by 13.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 20,220 shares of the semiconductor company’s stock worth $727,000 after purchasing an additional 2,343 shares during the period. Nisa Investment Advisors LLC lifted its position in Ultra Clean by 107.0% in the fourth quarter. Nisa Investment Advisors LLC now owns 948 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 490 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its position in Ultra Clean by 2.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 376,041 shares of the semiconductor company’s stock worth $13,519,000 after purchasing an additional 8,829 shares during the period. 96.06% of the stock is currently owned by institutional investors and hedge funds.

Ultra Clean Trading Down 2.0 %

Shares of NASDAQ:UCTT opened at $36.95 on Monday. The stock has a market capitalization of $1.66 billion, a PE ratio of 461.93, a P/E/G ratio of 0.51 and a beta of 2.09. Ultra Clean Holdings, Inc. has a 1 year low of $32.08 and a 1 year high of $56.47. The firm has a fifty day moving average price of $37.09 and a 200 day moving average price of $36.88. The company has a current ratio of 2.75, a quick ratio of 1.63 and a debt-to-equity ratio of 0.52.

Wall Street Analysts Forecast Growth

UCTT has been the subject of a number of research analyst reports. Needham & Company LLC cut their target price on Ultra Clean from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. TD Cowen cut their target price on Ultra Clean from $60.00 to $57.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th.

About Ultra Clean

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.