Ultra Clean Holdings Inc (UCTT) : S Squared Technology scooped up 5,000 additional shares in Ultra Clean Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 546,930 shares of Ultra Clean Holdings Inc which is valued at $5,414,607.Ultra Clean Holdings Inc makes up approximately 6.09% of S Squared Technology’s portfolio.
Other Hedge Funds, Including , Northwestern Mutual Wealth Management Co added UCTT to its portfolio by purchasing 2,000 company shares during the most recent quarter which is valued at $19,800. Integrated Wealth Management added UCTT to its portfolio by purchasing 2,600 company shares during the most recent quarter which is valued at $19,890. Ultra Clean Holdings Inc makes up approx 0.01% of Integrated Wealth Management’s portfolio. Acadian Asset Management sold out all of its stake in UCTT during the most recent quarter. The investment firm sold 3,093 shares of UCTT which is valued $23,816.Smith Graham Investment Advisors Lp boosted its stake in UCTT in the latest quarter, The investment management firm added 32,800 additional shares and now holds a total of 1,128,691 shares of Ultra Clean Holdings Inc which is valued at $8,758,642. Ultra Clean Holdings Inc makes up approx 1.13% of Smith Graham Investment Advisors Lp’s portfolio.
Ultra Clean Holdings Inc closed down -0.01 points or -0.10% at $9.86 with 5,72,472 shares getting traded on Monday. Post opening the session at $9.93, the shares hit an intraday low of $9.61 and an intraday high of $9.991 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Ultra Clean Holdings Inc reported $0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $0.12. The company had revenue of $146.15 million for the quarter, compared to analysts expectations of $134.89 million. The company’s revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.
Many Wall Street Analysts have commented on Ultra Clean Holdings Inc. Ultra Clean Holdings Inc was Downgraded by Standpoint Research to ” Hold” on Nov 15, 2016. Company shares were Reiterated by Needham on Oct 27, 2016 to “Buy”, Firm has raised the Price Target to $ 10 from a previous price target of $8.50 .Company shares were Reiterated by Dougherty & Company on Oct 27, 2016 to “Buy”, Firm has raised the Price Target to $ 10.50 from a previous price target of $9.50 .
Ultra Clean Holdings Inc. is a developer manufacturer and supplier of subsystems for original equipment manufacturers (OEMs) in the semiconductor capital equipment industry. The Company serves various markets including consumer medical energy industrial flat panel and research industries. It offers engineering and manufacturing solutions for the development design component sourcing prototyping engineering manufacturing and testing of advanced systems design-to-delivery cycle times and component neutral design among others. Its products include precision robotic solutions gas delivery systems a range of industrial and automation production equipment products and subsystems that include chemical mechanical planarization modules chemical delivery modules top-plate assemblies frame assemblies and process modules. It also offers fluid systems used for various wet processing steps such as cleaning chemical mechanical polishing and electrochemical deposition.