Universal Logistics Holdings, Inc. (NASDAQ:ULH) Shares Sold by Swiss National Bank

Swiss National Bank lowered its stake in Universal Logistics Holdings, Inc. (NASDAQ:ULHFree Report) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,600 shares of the transportation company’s stock after selling 1,400 shares during the quarter. Swiss National Bank owned about 0.06% of Universal Logistics worth $437,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC grew its holdings in Universal Logistics by 16.3% during the third quarter. FMR LLC now owns 2,115,321 shares of the transportation company’s stock worth $53,264,000 after acquiring an additional 295,701 shares during the period. Scopus Asset Management L.P. lifted its stake in Universal Logistics by 49.7% during the third quarter. Scopus Asset Management L.P. now owns 135,500 shares of the transportation company’s stock valued at $3,412,000 after purchasing an additional 45,000 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in Universal Logistics during the third quarter valued at approximately $253,000. Russell Investments Group Ltd. grew its position in Universal Logistics by 12.4% in the fourth quarter. Russell Investments Group Ltd. now owns 65,244 shares of the transportation company’s stock worth $1,828,000 after buying an additional 7,204 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of Universal Logistics in the third quarter valued at $171,000. Institutional investors own 25.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on ULH shares. Stifel Nicolaus restated a “hold” rating and issued a $46.00 target price (up 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.

Check Out Our Latest Report on Universal Logistics

Universal Logistics Trading Down 1.2 %

NASDAQ ULH opened at $43.75 on Monday. The firm’s 50 day moving average price is $40.43 and its two-hundred day moving average price is $33.60. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 9.55 and a beta of 0.97. Universal Logistics Holdings, Inc. has a twelve month low of $20.85 and a twelve month high of $50.52. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.22 and a current ratio of 1.22.

Universal Logistics (NASDAQ:ULHGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The transportation company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $0.73 by $1.26. Universal Logistics had a return on equity of 22.78% and a net margin of 7.02%. The firm had revenue of $491.91 million for the quarter, compared to analyst estimates of $416.50 million. Equities analysts anticipate that Universal Logistics Holdings, Inc. will post 5.35 EPS for the current year.

Universal Logistics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Monday, June 3rd will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Monday, June 3rd. Universal Logistics’s dividend payout ratio (DPR) is presently 9.17%.

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.

See Also

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Institutional Ownership by Quarter for Universal Logistics (NASDAQ:ULH)

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