Dimensional Fund Advisors LP grew its stake in Universal Logistics Holdings, Inc. (NASDAQ:ULH – Get Rating) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 740,496 shares of the transportation company’s stock after purchasing an additional 20,063 shares during the period. Dimensional Fund Advisors LP owned approximately 2.82% of Universal Logistics worth $24,763,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Universal Logistics by 29.1% during the 3rd quarter. Vanguard Group Inc. now owns 410,810 shares of the transportation company’s stock worth $13,031,000 after acquiring an additional 92,662 shares during the last quarter. Hillsdale Investment Management Inc. bought a new stake in Universal Logistics during the 3rd quarter worth approximately $2,281,000. Assenagon Asset Management S.A. bought a new stake in Universal Logistics during the 4th quarter worth approximately $1,410,000. AXA S.A. bought a new stake in Universal Logistics during the 3rd quarter worth approximately $955,000. Finally, Millennium Management LLC bought a new stake in Universal Logistics during the 2nd quarter worth approximately $793,000. 24.07% of the stock is currently owned by institutional investors.
Universal Logistics Stock Up 6.1 %
NASDAQ:ULH opened at $28.77 on Friday. The stock’s fifty day moving average price is $27.33 and its two-hundred day moving average price is $31.60. Universal Logistics Holdings, Inc. has a 52-week low of $24.10 and a 52-week high of $45.00. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.58 and a current ratio of 1.58. The company has a market cap of $756.31 million, a price-to-earnings ratio of 5.00 and a beta of 1.21.
Universal Logistics (NASDAQ:ULH – Get Rating) last posted its quarterly earnings data on Thursday, April 27th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. Universal Logistics had a return on equity of 35.71% and a net margin of 7.85%. The firm had revenue of $437.40 million for the quarter, compared to the consensus estimate of $416.80 million. On average, analysts anticipate that Universal Logistics Holdings, Inc. will post 4.23 EPS for the current year.
Universal Logistics Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Stockholders of record on Monday, June 5th will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, June 2nd. Universal Logistics’s dividend payout ratio (DPR) is currently 7.30%.
Analyst Ratings Changes
Separately, StockNews.com began coverage on Universal Logistics in a report on Thursday, May 18th. They set a “buy” rating on the stock.
Universal Logistics Profile
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Universal Logistics Holdings, Inc engages in the provision of customized transportation and logistics solutions. It operates through the following segments: Contract Logistics, Intermodal, Trucking, Company-Managed Brokerage, and Other. The Contract Logistics segment delivers value-added and/or dedicated transportation services to support inbound logistics to original equipment manufacturers and major retailers on a contractual basis, generally pursuant to terms of one year or longer.
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