Legato Capital Management LLC Purchases Shares of 21,610 Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Legato Capital Management LLC purchased a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,610 shares of the semiconductor company’s stock, valued at approximately $777,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Signaturefd LLC increased its position in shares of Ultra Clean by 465.5% during the 3rd quarter. Signaturefd LLC now owns 803 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 661 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Ultra Clean during the 3rd quarter worth about $32,000. Nisa Investment Advisors LLC increased its position in shares of Ultra Clean by 107.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 948 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 490 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Ultra Clean by 92.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,197 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 575 shares in the last quarter. Finally, Quarry LP increased its position in shares of Ultra Clean by 447.5% during the 3rd quarter. Quarry LP now owns 1,210 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 989 shares in the last quarter. Institutional investors own 96.06% of the company’s stock.

Ultra Clean Trading Up 1.8 %

UCTT opened at $37.72 on Friday. The company has a current ratio of 2.75, a quick ratio of 1.63 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $1.70 billion, a PE ratio of 471.56, a PEG 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 50-day moving average price of $37.11 and a two-hundred day moving average price of $37.00.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on UCTT shares. TD Cowen dropped their target price on shares of Ultra Clean from $60.00 to $57.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. Needham & Company LLC dropped their target price on shares of Ultra Clean from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th.

Ultra Clean 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.