Dimensional Fund Advisors LP increased its stake in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 4.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 419,396 shares of the transportation company’s stock after purchasing an additional 19,097 shares during the period. Dimensional Fund Advisors LP owned approximately 1.47% of Universal Logistics Holdings worth $6,291,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Teachers Advisors LLC boosted its stake in shares of Universal Logistics Holdings by 10.2% during the 2nd 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 during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Universal Logistics Holdings during the 1st quarter worth about $225,000. Schwab Charles Investment Management Inc. boosted its stake in shares of Universal Logistics Holdings by 47.4% during the 2nd 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 during the last quarter. Geode Capital Management LLC boosted its stake in shares of Universal Logistics Holdings by 4.2% during the 1st quarter. Geode Capital Management LLC now owns 77,352 shares of the transportation company’s stock worth $1,110,000 after buying an additional 3,138 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Universal Logistics Holdings by 2.4% during the 1st 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 during the last quarter. 28.47% of the stock is owned by hedge funds and other institutional investors.

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In related news, Director H.E. Wolfe sold 17,500 shares of the firm’s stock in a transaction dated Sunday, November 5th. The shares were sold at an average price of $22.00, for a total value of $385,000.00. Following the completion of the sale, the director now directly owns 35,065 shares in the company, valued at approximately $771,430. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 71.00% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Citigroup Inc. raised their target price on shares of Universal Logistics Holdings from $14.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, October 6th. Zacks Investment Research upgraded shares of Universal Logistics Holdings from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Stifel Nicolaus upgraded shares of Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Monday, July 31st. Finally, BidaskClub downgraded shares of Universal Logistics Holdings from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Universal Logistics Holdings currently has an average rating of “Hold” and an average target price of $23.00.

Shares of Universal Logistics Holdings, Inc. (ULH) opened at $22.15 on Tuesday. Universal Logistics Holdings, Inc. has a one year low of $11.65 and a one year high of $22.85. The stock has a market cap of $624.61, a PE ratio of 36.07 and a beta of 1.55. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.40.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Monday, November 6th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, November 3rd. This represents a $0.28 annualized dividend and a yield of 1.26%. Universal Logistics Holdings’s dividend payout ratio (DPR) is currently 121.74%.

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.

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

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