Universal Logistics Holdings Inc (NYSE:ULH) Shares Bought by Fmr LLC
FMR LLC boosted its position in shares of Universal Logistics Holdings Inc (NYSE:ULH) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,112,726 shares of the transportation company’s stock after buying an additional 63,307 shares during the period. FMR LLC owned 7.43% of Universal Logistics Holdings worth $30,318,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in ULH. SG Americas Securities LLC acquired a new stake in Universal Logistics Holdings during the first quarter worth $134,000. GSA Capital Partners LLP increased its stake in Universal Logistics Holdings by 14.2% in the fourth quarter. GSA Capital Partners LLP now owns 25,348 shares of the transportation company’s stock worth $414,000 after buying an additional 3,147 shares in the last quarter. Deprince Race & Zollo Inc. acquired a new stake in Universal Logistics Holdings during the first quarter worth $1,277,000. Bank of New York Mellon Corp increased its stake in Universal Logistics Holdings by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 106,818 shares of the transportation company’s stock worth $1,533,000 after buying an additional 2,495 shares in the last quarter. Finally, State Street Corp increased its stake in Universal Logistics Holdings by 2.0% in the fourth quarter. State Street Corp now owns 114,921 shares of the transportation company’s stock worth $1,882,000 after buying an additional 2,225 shares in the last quarter.
Shares of Universal Logistics Holdings Inc (NYSE:ULH) traded down 0.69% during midday trading on Monday, hitting $14.30. 3,075 shares of the stock traded hands. Universal Logistics Holdings Inc has a 1-year low of $11.09 and a 1-year high of $17.70. The company has a market capitalization of $406.73 million and a P/E ratio of 27.50. The stock has a 50 day moving average of $14.87 and a 200 day moving average of $14.01.
Universal Logistics Holdings (NYSE:ULH) last released its earnings results on Thursday, July 27th. The transportation company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. The company had revenue of $305.20 million for the quarter, compared to analyst estimates of $302.10 million. Universal Logistics Holdings had a return on equity of 7.26% and a net margin of 0.90%. Equities research analysts predict that Universal Logistics Holdings Inc will post $0.70 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, August 17th. Stockholders of record on Monday, August 7th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, August 3rd.
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A number of equities research analysts have weighed in on ULH shares. Zacks Investment Research upgraded shares of Universal Logistics Holdings from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 4th. Stifel Nicolaus upgraded shares of Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Monday, July 31st.
Universal Logistics Holdings Company Profile
Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of customized 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.
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