Ultra Clean Holdings Inc. (NASDAQ:UCTT) shares traded down 3.4% on Friday . The stock traded as low as $5.40 and last traded at $5.46, with a volume of 101,704 shares trading hands. The stock had previously closed at $5.65.

Several research analysts recently weighed in on the company. Zacks Investment Research cut Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, April 27th. Needham & Company LLC reaffirmed a “buy” rating on shares of Ultra Clean Holdings in a research note on Saturday, June 25th. Finally, Stifel Nicolaus cut Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $7.60.

The company’s 50 day moving average is $5.72 and its 200 day moving average is $5.31. The company’s market capitalization is $182.22 million.

Ultra Clean Holdings (NASDAQ:UCTT) last issued its quarterly earnings data on Thursday, April 21st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.12. The business earned $112.20 million during the quarter, compared to analysts’ expectations of $109.86 million. During the same period last year, the firm posted $0.14 EPS. The business’s revenue was down 10.5% on a year-over-year basis. On average, analysts anticipate that Ultra Clean Holdings Inc. will post $0.26 EPS for the current year.

A number of institutional investors have modified their holdings of UCTT. LSV Asset Management increased its position in shares of Ultra Clean Holdings by 17.0% in the fourth quarter. LSV Asset Management now owns 565,973 shares of the company’s stock valued at $2,897,000 after buying an additional 82,250 shares during the last quarter. Paradigm Capital Management Inc. NY increased its position in shares of Ultra Clean Holdings by 15.9% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 1,340,400 shares of the company’s stock valued at $6,863,000 after buying an additional 183,782 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Ultra Clean Holdings by 17.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,580,500 shares of the company’s stock valued at $8,092,000 after buying an additional 231,825 shares during the last quarter. Finally, Royce & Associates LLC increased its position in shares of Ultra Clean Holdings by 2.5% in the fourth quarter. Royce & Associates LLC now owns 1,871,008 shares of the company’s stock valued at $9,580,000 after buying an additional 45,000 shares during the last quarter.

Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

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