Brandywine Global Investment Management LLC decreased its stake in Universal Logistics Holdings Inc (NYSE:ULH) by 9.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 195,490 shares of the transportation company’s stock after selling 19,960 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.69% of Universal Logistics Holdings worth $2,933,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in shares of Universal Logistics Holdings in the first quarter worth $134,000. Teachers Advisors LLC boosted its stake in Universal Logistics Holdings by 10.2% during the second quarter. Teachers Advisors LLC now owns 12,660 shares of the transportation company’s stock worth $190,000 after buying an additional 1,169 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in Universal Logistics Holdings during the first quarter worth $225,000. Schwab Charles Investment Management Inc. boosted its stake in Universal Logistics Holdings by 47.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 31,477 shares of the transportation company’s stock worth $473,000 after buying an additional 10,129 shares in the last quarter. Finally, Zacks Investment Management acquired a new stake in Universal Logistics Holdings during the second quarter worth $979,000.

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A number of research firms have weighed in on ULH. Stifel Nicolaus upgraded shares of Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Monday, July 31st. BidaskClub upgraded shares of Universal Logistics Holdings from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 12th. Zacks Investment Research downgraded shares of Universal Logistics Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, Citigroup Inc. lifted their price target on shares of Universal Logistics Holdings from $14.00 to $22.00 and gave the stock a “neutral” rating in a research note on Friday. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $23.00.

Shares of Universal Logistics Holdings Inc (ULH) opened at 21.35 on Friday. Universal Logistics Holdings Inc has a 1-year low of $11.65 and a 1-year high of $22.40. The firm’s 50-day moving average is $17.97 and its 200-day moving average is $15.02. The firm has a market cap of $607.24 million and a P/E ratio of 41.06.

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%. On average, analysts anticipate that Universal Logistics Holdings Inc will post $0.72 EPS for the current fiscal year.

About Universal Logistics Holdings

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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Institutional Ownership by Quarter for Universal Logistics Holdings (NYSE:ULH)

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