Barclays PLC Grows Holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Barclays PLC grew its position in Universal Logistics Holdings, Inc. (NASDAQ:ULHFree Report) by 339.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,952 shares of the transportation company’s stock after acquiring an additional 8,461 shares during the period. Barclays PLC’s holdings in Universal Logistics were worth $473,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. American Century Companies Inc. boosted its stake in Universal Logistics by 27.1% during the 2nd quarter. American Century Companies Inc. now owns 170,640 shares of the transportation company’s stock worth $6,926,000 after purchasing an additional 36,377 shares during the last quarter. Denali Advisors LLC boosted its position in Universal Logistics by 33.6% during the second quarter. Denali Advisors LLC now owns 83,831 shares of the transportation company’s stock worth $3,403,000 after acquiring an additional 21,100 shares during the last quarter. FMR LLC grew its stake in Universal Logistics by 4.1% during the 3rd quarter. FMR LLC now owns 2,537,859 shares of the transportation company’s stock valued at $109,407,000 after acquiring an additional 100,563 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Universal Logistics by 339.1% in the 2nd quarter. Victory Capital Management Inc. now owns 36,921 shares of the transportation company’s stock valued at $1,499,000 after acquiring an additional 28,513 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Universal Logistics in the 2nd quarter worth approximately $970,000. 25.50% of the stock is owned by hedge funds and other institutional investors.

Universal Logistics Price Performance

NASDAQ:ULH opened at $43.75 on Friday. Universal Logistics Holdings, Inc. has a one year low of $27.49 and a one year high of $53.29. The stock has a market cap of $1.15 billion, a PE ratio of 8.79 and a beta of 0.89. 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 $47.57 and a 200 day moving average price of $43.75.

Universal Logistics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 2nd were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date was Monday, December 2nd. Universal Logistics’s payout ratio is 8.43%.

Universal Logistics Profile

(Free Report)

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.

Further Reading

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

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