Morgan Dempsey Capital Management LLC Has $278,000 Holdings in Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Morgan Dempsey Capital Management LLC grew its stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 232.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,743 shares of the semiconductor company’s stock after buying an additional 5,416 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Ultra Clean were worth $278,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Barclays PLC lifted its position in shares of Ultra Clean by 395.1% in the third quarter. Barclays PLC now owns 83,577 shares of the semiconductor company’s stock worth $3,337,000 after purchasing an additional 66,695 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Ultra Clean by 27.9% in the third 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 in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Ultra Clean by 130.1% in the third quarter. Harbor Capital Advisors Inc. now owns 367,212 shares of the semiconductor company’s stock worth $14,663,000 after purchasing an additional 207,633 shares in the last quarter. Moloney Securities Asset Management LLC bought a new stake in shares of Ultra Clean in the third quarter worth $1,048,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Ultra Clean by 109.9% in the third quarter. BNP Paribas Financial Markets now owns 66,182 shares of the semiconductor company’s stock worth $2,643,000 after purchasing an additional 34,645 shares in the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Stock Performance

NASDAQ UCTT opened at $24.60 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 firm’s fifty day moving average price is $36.31 and its two-hundred day moving average price is $36.63. Ultra Clean Holdings, Inc. has a 1 year low of $23.89 and a 1 year high of $56.47. The firm has a market capitalization of $1.11 billion, a P/E ratio of 307.54, a price-to-earnings-growth ratio of 0.51 and a beta of 2.09.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC cut their price objective on shares of Ultra Clean from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, February 25th.

About Ultra Clean

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.