Universal Logistics Holdings, Inc. (NASDAQ:ULH) Holdings Decreased by Alliancebernstein L.P.

Alliancebernstein L.P. cut its position in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 9.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,720 shares of the transportation company’s stock after selling 850 shares during the quarter. Alliancebernstein L.P.’s holdings in Universal Logistics were worth $355,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Rhumbline Advisers grew its position in Universal Logistics by 4.8% in the 4th quarter. Rhumbline Advisers now owns 10,353 shares of the transportation company’s stock worth $476,000 after purchasing an additional 470 shares during the last quarter. SG Americas Securities LLC boosted its position in Universal Logistics by 15.6% during the 4th quarter. SG Americas Securities LLC now owns 3,831 shares of the transportation company’s stock worth $176,000 after acquiring an additional 516 shares during the period. State Street Corp grew its stake in shares of Universal Logistics by 0.6% in the third quarter. State Street Corp now owns 147,251 shares of the transportation company’s stock worth $6,363,000 after purchasing an additional 911 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Universal Logistics by 1.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 58,164 shares of the transportation company’s stock valued at $2,672,000 after purchasing an additional 1,040 shares in the last quarter. Finally, KLP Kapitalforvaltning AS bought a new position in Universal Logistics in the 4th quarter valued at about $64,000. Institutional investors own 25.50% of the company’s stock.

Universal Logistics Stock Performance

Shares of ULH stock opened at $26.06 on Tuesday. The stock’s 50-day moving average is $26.80 and its two-hundred day moving average is $38.86. Universal Logistics Holdings, Inc. has a fifty-two week low of $22.86 and a fifty-two week high of $53.29. The firm has a market cap of $685.82 million, a P/E ratio of 5.28 and a beta of 0.92. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.36 and a quick ratio of 1.36.

Universal Logistics (NASDAQ:ULH) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.16). Universal Logistics had a return on equity of 21.37% and a net margin of 7.04%. During the same period in the prior year, the business earned $0.81 earnings per share. Analysts predict that Universal Logistics Holdings, Inc. will post 2.81 earnings per share for the current fiscal year.

Universal Logistics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 3rd were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 1.61%. The ex-dividend date was Monday, March 3rd. Universal Logistics’s dividend payout ratio is currently 8.50%.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus lifted their price target on Universal Logistics from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd.

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.