TIAA CREF Investment Management LLC decreased its stake in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,249 shares of the transportation company’s stock after selling 200 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.09% of Universal Logistics Holdings worth $379,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Teachers Advisors LLC grew its position in Universal Logistics Holdings by 10.2% in the second quarter. Teachers Advisors LLC now owns 12,660 shares of the transportation company’s stock valued at $190,000 after purchasing an additional 1,169 shares in the last quarter. Bank of New York Mellon Corp grew its position 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 valued at $1,533,000 after purchasing an additional 2,495 shares in the last quarter. Geode Capital Management LLC grew its position in Universal Logistics Holdings by 4.2% in the first quarter. Geode Capital Management LLC now owns 77,352 shares of the transportation company’s stock valued at $1,110,000 after purchasing an additional 3,138 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Universal Logistics Holdings by 1.4% in the first quarter. Dimensional Fund Advisors LP now owns 400,299 shares of the transportation company’s stock valued at $5,744,000 after purchasing an additional 5,490 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in Universal Logistics Holdings by 47.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 31,477 shares of the transportation company’s stock valued at $473,000 after purchasing an additional 10,129 shares in the last quarter. 28.47% of the stock is owned by institutional investors.

Shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) opened at $22.35 on Wednesday. The company has a market cap of $624.61, a price-to-earnings ratio of 36.07 and a beta of 1.55. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.10 and a quick ratio of 1.10. Universal Logistics Holdings, Inc. has a 12 month low of $11.65 and a 12 month high of $22.85.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, November 6th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend was Friday, November 3rd. Universal Logistics Holdings’s dividend payout ratio is currently 121.74%.

In other Universal Logistics Holdings news, Director H.E. Wolfe sold 17,500 shares of the stock in a transaction on 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 owns 35,065 shares in the company, valued at $771,430. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 71.00% of the company’s stock.

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A number of research analysts recently weighed in on the stock. BidaskClub raised shares of Universal Logistics Holdings from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 12th. Zacks Investment Research raised shares of Universal Logistics Holdings from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. Stifel Nicolaus reiterated a “buy” rating and issued a $24.00 price target on shares of Universal Logistics Holdings in a research note on Sunday, October 1st. Finally, Citigroup Inc. increased their price target 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. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $23.00.

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.

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

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