Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 37,746 shares of the transportation company's stock, valued at approximately $1,734,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.14% of Universal Logistics at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rhumbline Advisers grew its stake in Universal Logistics by 4.8% in the 4th quarter. Rhumbline Advisers now owns 10,353 shares of the transportation company's stock valued at $476,000 after buying an additional 470 shares during the last quarter. SG Americas Securities LLC grew its stake in Universal Logistics by 15.6% in the 4th quarter. SG Americas Securities LLC now owns 3,831 shares of the transportation company's stock valued at $176,000 after buying an additional 516 shares during the last quarter. Bank of America Corp DE grew its stake in Universal Logistics by 6.1% in the 4th quarter. Bank of America Corp DE now owns 13,090 shares of the transportation company's stock valued at $601,000 after buying an additional 747 shares during the last quarter. Wells Fargo & Company MN grew its stake in Universal Logistics by 31.0% in the 4th quarter. Wells Fargo & Company MN now owns 3,708 shares of the transportation company's stock valued at $170,000 after buying an additional 877 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its stake in Universal Logistics by 0.5% in the 4th quarter. Bridgeway Capital Management LLC now owns 214,321 shares of the transportation company's stock valued at $9,846,000 after buying an additional 977 shares during the last quarter. 25.50% of the stock is currently owned by institutional investors and hedge funds.
Universal Logistics Stock Performance
NASDAQ ULH traded up $0.17 during midday trading on Friday, hitting $24.33. The company had a trading volume of 24,480 shares, compared to its average volume of 48,590. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. The stock has a market cap of $640.68 million, a price-to-earnings ratio of 4.93 and a beta of 1.00. The firm has a fifty day simple moving average of $24.72 and a two-hundred day simple moving average of $33.99. Universal Logistics Holdings, Inc. has a fifty-two week low of $20.60 and a fifty-two week high of $53.29.
Universal Logistics (NASDAQ:ULH - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.25). The company had revenue of $382.39 million during the quarter, compared to analyst estimates of $400.60 million. Universal Logistics had a return on equity of 21.37% and a net margin of 7.04%. Equities analysts forecast that Universal Logistics Holdings, Inc. will post 2.81 earnings per share for the current fiscal year.
Universal Logistics Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Monday, June 2nd will be given a dividend of $0.105 per share. The ex-dividend date is Monday, June 2nd. This represents a $0.42 annualized dividend and a dividend yield of 1.73%. Universal Logistics's dividend payout ratio (DPR) is currently 13.21%.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on ULH. Stifel Nicolaus lowered their target price on shares of Universal Logistics from $37.00 to $29.00 and set a "hold" rating on the stock in a research note on Tuesday, April 29th. Wall Street Zen upgraded shares of Universal Logistics from a "sell" rating to a "hold" rating in a research note on Monday, May 12th.
Read Our Latest Research Report on Universal Logistics
About Universal Logistics
(
Free Report)
Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. The company offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services.
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