Dana Investment Advisors Inc. Raises Stock Holdings in Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Dana Investment Advisors Inc. boosted its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 17.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 237,545 shares of the semiconductor company's stock after acquiring an additional 34,850 shares during the quarter. Dana Investment Advisors Inc. owned about 0.53% of Ultra Clean worth $8,540,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of Ultra Clean by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,047,719 shares of the semiconductor company's stock worth $41,843,000 after purchasing an additional 10,501 shares during the period. Royce & Associates LP raised its position in Ultra Clean by 7.5% during the 3rd quarter. Royce & Associates LP now owns 908,697 shares of the semiconductor company's stock worth $36,284,000 after buying an additional 63,301 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Ultra Clean by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 678,223 shares of the semiconductor company's stock worth $24,382,000 after acquiring an additional 30,935 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Ultra Clean by 27.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 506,107 shares of the semiconductor company's stock worth $20,209,000 after acquiring an additional 110,403 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its holdings in shares of Ultra Clean by 2.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 376,041 shares of the semiconductor company's stock valued at $13,519,000 after acquiring an additional 8,829 shares in the last quarter. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

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Ultra Clean Price Performance

NASDAQ:UCTT traded up $1.43 during trading hours on Friday, hitting $25.32. The company's stock had a trading volume of 752,248 shares, compared to its average volume of 378,452. Ultra Clean Holdings, Inc. has a 52-week low of $22.85 and a 52-week high of $56.47. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.63 and a current ratio of 2.75. The business's 50-day moving average is $35.06 and its two-hundred day moving average is $36.13. The company has a market capitalization of $1.14 billion, a PE ratio of 316.54, a PEG ratio of 0.51 and a beta of 2.20.

Analysts Set New Price Targets

Separately, Needham & Company LLC reissued a "buy" rating and set a $40.00 price target on shares of Ultra Clean in a report on Thursday.

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.