UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 8.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,768 shares of the transportation company’s stock after selling 1,094 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Universal Logistics were worth $507,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Anchor Capital Advisors LLC grew its holdings in shares of Universal Logistics by 1.8% in the second quarter. Anchor Capital Advisors LLC now owns 26,403 shares of the transportation company’s stock valued at $1,072,000 after purchasing an additional 459 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Universal Logistics by 1.7% during the 3rd quarter. Victory Capital Management Inc. now owns 37,564 shares of the transportation company’s stock worth $1,619,000 after acquiring an additional 643 shares in the last quarter. Innealta Capital LLC purchased a new stake in Universal Logistics in the 2nd quarter valued at approximately $48,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Universal Logistics by 3.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,124 shares of the transportation company’s stock worth $2,463,000 after purchasing an additional 1,864 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Universal Logistics during the 3rd quarter worth $143,000. Hedge funds and other institutional investors own 25.50% of the company’s stock.

Universal Logistics Trading Up 0.9 %

Shares of ULH opened at $46.23 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a 50-day moving average price of $47.18 and a 200 day moving average price of $43.42. Universal Logistics Holdings, Inc. has a one year low of $27.27 and a one year high of $53.29. The company has a market capitalization of $1.22 billion, a P/E ratio of 9.28 and a beta of 0.89.

Universal Logistics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 2nd will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Monday, December 2nd. Universal Logistics’s dividend payout ratio is 8.43%.

Universal Logistics 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.