138,135 Shares in Universal Truckload Services, Inc. (ULH) Acquired by Deprince Race & Zollo Inc.
Deprince Race & Zollo Inc. purchased a new stake in Universal Truckload Services, Inc. (NYSE:ULH) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 138,135 shares of the company’s stock, valued at approximately $1,854,000. Deprince Race & Zollo Inc. owned about 0.49% of Universal Truckload Services at the end of the most recent quarter.
Separately, Bank of New York Mellon Corp bought a new stake in Universal Truckload Services during the third quarter worth $1,729,000.
Universal Truckload Services, Inc. (NYSE:ULH) traded down 2.78% during mid-day trading on Monday, reaching $14.00. The company had a trading volume of 15,382 shares. The firm has a 50-day moving average price of $12.92 and a 200 day moving average price of $13.54. Universal Truckload Services, Inc. has a 12-month low of $11.09 and a 12-month high of $18.31.
Universal Truckload Services (NYSE:ULH) last posted its quarterly earnings results on Thursday, October 27th. The company reported $0.18 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. The company earned $271.49 million during the quarter, compared to analysts’ expectations of $263.70 million. The company’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.32 EPS. On average, equities research analysts forecast that Universal Truckload Services, Inc. will post $0.97 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, November 17th. Investors of record on Monday, November 7th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.94%. The ex-dividend date was Thursday, November 3rd.
A number of analysts recently weighed in on the company. Stifel Nicolaus restated a “buy” rating and issued a $17.00 price objective (down from $19.00) on shares of Universal Truckload Services in a report on Wednesday, October 5th. Zacks Investment Research upgraded Universal Truckload Services from a “sell” rating to a “hold” rating in a report on Tuesday, October 4th.
About Universal Truckload Services
Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment. The Company’s operations aggregated in the transportation segment are associated with individual freight shipments coordinated by its agents, company-managed terminals and specialized services operations.
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