26,733 Shares in Universal Logistics Holdings, Inc. $ULH Purchased by Nuveen LLC

Nuveen LLC bought a new position in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 26,733 shares of the transportation company’s stock, valued at approximately $701,000. Nuveen LLC owned 0.10% of Universal Logistics at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN raised its stake in shares of 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 acquiring an additional 877 shares during the period. Barclays PLC grew its holdings in Universal Logistics by 10.5% during the 4th quarter. Barclays PLC now owns 12,100 shares of the transportation company’s stock worth $556,000 after acquiring an additional 1,148 shares in the last quarter. Northern Trust Corp grew its holdings in Universal Logistics by 5.5% during the 4th quarter. Northern Trust Corp now owns 89,299 shares of the transportation company’s stock worth $4,102,000 after acquiring an additional 4,647 shares in the last quarter. Bank of America Corp DE grew its holdings in Universal Logistics by 6.1% during the 4th quarter. Bank of America Corp DE now owns 13,090 shares of the transportation company’s stock worth $601,000 after acquiring an additional 747 shares in the last quarter. Finally, Bridgeway Capital Management LLC boosted its holdings in shares of 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 in the last quarter. 25.50% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Universal Logistics from a “sell” rating to a “hold” rating in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Universal Logistics presently has a consensus rating of “Hold” and an average price target of $29.00.

Universal Logistics Stock Down 1.9%

Shares of NASDAQ:ULH opened at $24.66 on Thursday. The stock has a market cap of $649.30 million, a P/E ratio of 10.58 and a beta of 0.95. The firm has a fifty day moving average price of $25.65 and a 200 day moving average price of $25.59. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.28 and a quick ratio of 1.28. Universal Logistics Holdings, Inc. has a 1-year low of $20.60 and a 1-year high of $53.29.

Universal Logistics (NASDAQ:ULH) last issued its quarterly earnings results on Thursday, July 24th. The transportation company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The business had revenue of $393.79 million for the quarter, compared to analyst estimates of $398.50 million. Universal Logistics had a return on equity of 9.47% and a net margin of 3.66%. Sell-side analysts predict that Universal Logistics Holdings, Inc. will post 2.81 EPS for the current year.

Universal Logistics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 1st will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, August 29th. Universal Logistics’s dividend payout ratio (DPR) is 18.03%.

Universal Logistics Company 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.