Dimensional Fund Advisors LP Increases Holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Dimensional Fund Advisors LP increased its stake in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 1.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 827,669 shares of the transportation company’s stock after buying an additional 14,720 shares during the quarter. Dimensional Fund Advisors LP owned about 3.14% of Universal Logistics worth $33,594,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in shares of Universal Logistics by 27.1% in the second quarter. American Century Companies Inc. now owns 170,640 shares of the transportation company’s stock worth $6,926,000 after buying an additional 36,377 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Universal Logistics by 339.1% in the 2nd quarter. Victory Capital Management Inc. now owns 36,921 shares of the transportation company’s stock worth $1,499,000 after purchasing an additional 28,513 shares during the last quarter. Anchor Capital Advisors LLC acquired a new stake in shares of Universal Logistics in the 1st quarter valued at about $957,000. Empowered Funds LLC lifted its position in shares of Universal Logistics by 13.3% during the first quarter. Empowered Funds LLC now owns 86,537 shares of the transportation company’s stock worth $3,191,000 after purchasing an additional 10,191 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new position in Universal Logistics in the first quarter worth about $260,000. Hedge funds and other institutional investors own 25.50% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded Universal Logistics from a “buy” rating to a “hold” rating in a report on Monday, August 12th.

Universal Logistics Stock Performance

Universal Logistics stock opened at $42.89 on Wednesday. The company has a market cap of $1.13 billion, a PE ratio of 9.36 and a beta of 0.83. Universal Logistics Holdings, Inc. has a 12 month low of $20.85 and a 12 month high of $50.52. The company has a fifty day moving average price of $41.36 and a two-hundred day moving average price of $40.65. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.26 and a quick ratio of 1.26.

Universal Logistics (NASDAQ:ULH) last posted its quarterly earnings results on Thursday, July 25th. The transportation company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.14 by $0.03. Universal Logistics had a net margin of 7.23% and a return on equity of 22.84%. The business had revenue of $462.16 million during the quarter, compared to analyst estimates of $461.60 million. During the same period in the previous year, the business posted $0.90 EPS. Research analysts expect that Universal Logistics Holdings, Inc. will post 5.25 earnings per share for the current year.

Universal Logistics Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Monday, September 2nd were given a dividend of $0.105 per share. The ex-dividend date was Friday, August 30th. This represents a $0.42 dividend on an annualized basis and a yield of 0.98%. Universal Logistics’s dividend payout ratio is currently 9.17%.

Universal Logistics Company Profile

Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. The company offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services.