Rhumbline Advisers Acquires 1,131 Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Rhumbline Advisers increased its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,713 shares of the semiconductor company’s stock after purchasing an additional 1,131 shares during the quarter. Rhumbline Advisers owned about 0.28% of Ultra Clean worth $4,591,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of UCTT. Geode Capital Management LLC boosted its position in Ultra Clean by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,047,719 shares of the semiconductor company’s stock valued at $41,843,000 after buying an additional 10,501 shares during the last quarter. Royce & Associates LP boosted its holdings in Ultra Clean by 7.5% in the third quarter. Royce & Associates LP now owns 908,697 shares of the semiconductor company’s stock valued at $36,284,000 after acquiring an additional 63,301 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Ultra Clean by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 647,288 shares of the semiconductor company’s stock worth $25,846,000 after purchasing an additional 18,000 shares during the period. JPMorgan Chase & Co. raised its holdings in Ultra Clean by 27.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 506,107 shares of the semiconductor company’s stock worth $20,209,000 after purchasing an additional 110,403 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in Ultra Clean by 2.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 376,041 shares of the semiconductor company’s stock valued at $13,519,000 after purchasing an additional 8,829 shares during the period. Institutional investors own 96.06% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC lowered their price target on shares of Ultra Clean from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday.

Ultra Clean Stock Performance

Shares of UCTT opened at $24.96 on Friday. The firm’s 50 day moving average price is $36.71 and its two-hundred day moving average price is $36.79. Ultra Clean Holdings, Inc. has a twelve month low of $24.92 and a twelve month high of $56.47. The firm has a market cap of $1.13 billion, a P/E ratio of 312.04, a PEG ratio of 0.51 and a beta of 2.09. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.63 and a current ratio of 2.75.

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.