American Century Companies Inc. Increases Position in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

American Century Companies Inc. grew its position in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 10.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 231,617 shares of the transportation company’s stock after purchasing an additional 21,516 shares during the period. American Century Companies Inc. owned approximately 0.88% of Universal Logistics worth $10,640,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of ULH. SG Americas Securities LLC lifted its holdings in Universal Logistics by 15.6% during the 4th quarter. SG Americas Securities LLC now owns 3,831 shares of the transportation company’s stock worth $176,000 after buying an additional 516 shares in the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of Universal Logistics during the fourth quarter worth $293,000. PDT Partners LLC acquired a new stake in shares of Universal Logistics in the third quarter valued at $301,000. Jane Street Group LLC boosted its holdings in Universal Logistics by 23.8% in the third quarter. Jane Street Group LLC now owns 9,276 shares of the transportation company’s stock valued at $400,000 after purchasing an additional 1,783 shares during the period. Finally, Barclays PLC boosted its holdings in Universal Logistics by 339.7% in the third quarter. Barclays PLC now owns 10,952 shares of the transportation company’s stock valued at $473,000 after purchasing an additional 8,461 shares during the period. 25.50% of the stock is owned by institutional investors and hedge funds.

Universal Logistics Stock Performance

NASDAQ ULH opened at $27.17 on Thursday. The company has a fifty day moving average of $31.43 and a two-hundred day moving average of $40.72. The company has a market capitalization of $715.03 million, a PE ratio of 5.50 and a beta of 0.96. Universal Logistics Holdings, Inc. has a 1 year low of $25.13 and a 1 year high of $53.29. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.36 and a quick ratio of 1.36.

Universal Logistics (NASDAQ:ULH) last released its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.16). Universal Logistics had a return on equity of 21.37% and a net margin of 7.04%. During the same period in the previous year, the company posted $0.81 EPS. As a group, analysts expect that Universal Logistics Holdings, Inc. will post 2.81 earnings per share for the current year.

Universal Logistics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd were issued a $0.105 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.55%. Universal Logistics’s payout ratio is 8.50%.

Analyst Ratings Changes

Separately, Stifel Nicolaus increased their price target on Universal Logistics from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd.

About Universal Logistics

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.