LSV Asset Management Has $12.78 Million Holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

LSV Asset Management trimmed its stake in Universal Logistics Holdings, Inc. (NASDAQ:ULH - Free Report) by 4.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 456,083 shares of the transportation company's stock after selling 23,290 shares during the period. LSV Asset Management owned approximately 1.74% of Universal Logistics worth $12,779,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. increased its holdings in shares of Universal Logistics by 12.4% in the 4th quarter. Russell Investments Group Ltd. now owns 65,244 shares of the transportation company's stock valued at $1,828,000 after acquiring an additional 7,204 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Universal Logistics during the fourth quarter worth about $110,000. Exchange Traded Concepts LLC grew its holdings in shares of Universal Logistics by 2.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 14,930 shares of the transportation company's stock worth $418,000 after buying an additional 416 shares during the last quarter. Scopus Asset Management L.P. increased its position in Universal Logistics by 49.7% in the 3rd quarter. Scopus Asset Management L.P. now owns 135,500 shares of the transportation company's stock valued at $3,412,000 after acquiring an additional 45,000 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in Universal Logistics during the 3rd quarter valued at approximately $253,000. 25.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ULH. Stifel Nicolaus reissued a "hold" rating and issued a $46.00 target price (up previously from $36.00) on shares of Universal Logistics in a report on Monday, April 29th. StockNews.com raised shares of Universal Logistics from a "hold" rating to a "buy" rating in a research note on Friday, April 26th.

Universal Logistics Stock Performance

ULH traded up $2.11 during trading on Wednesday, reaching $48.16. The company's stock had a trading volume of 49,180 shares, compared to its average volume of 38,957. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 10.52 and a beta of 0.97. The company's fifty day moving average price is $36.58 and its 200-day moving average price is $30.77. Universal Logistics Holdings, Inc. has a 52-week low of $20.85 and a 52-week high of $48.63. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.39 and a current ratio of 1.39.

Universal Logistics (NASDAQ:ULH - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The transportation company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.10. The firm had revenue of $390.92 million during the quarter, compared to analysts' expectations of $377.30 million. Universal Logistics had a return on equity of 23.60% and a net margin of 7.02%. On average, equities analysts forecast that Universal Logistics Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

Universal Logistics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Monday, June 3rd will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Monday, June 3rd. Universal Logistics's dividend payout ratio is currently 9.17%.

Universal Logistics Profile

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.