Charles Schwab Investment Management Inc. Purchases 1,864 Shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Charles Schwab Investment Management Inc. boosted its stake in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 3.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,124 shares of the transportation company’s stock after acquiring an additional 1,864 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.22% of Universal Logistics worth $2,463,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in Universal Logistics by 1.8% in the second quarter. Dimensional Fund Advisors LP now owns 827,669 shares of the transportation company’s stock worth $33,594,000 after purchasing an additional 14,720 shares in the last quarter. American Century Companies Inc. raised its stake in shares of 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 acquiring an additional 36,377 shares in the last quarter. Empowered Funds LLC lifted its position in Universal Logistics by 5.3% during the third quarter. Empowered Funds LLC now owns 98,155 shares of the transportation company’s stock valued at $4,231,000 after acquiring an additional 4,958 shares during the last quarter. Denali Advisors LLC boosted its stake in Universal Logistics by 33.6% in the second quarter. Denali Advisors LLC now owns 83,831 shares of the transportation company’s stock valued at $3,403,000 after acquiring an additional 21,100 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Universal Logistics by 1.7% in the third quarter. Victory Capital Management Inc. now owns 37,564 shares of the transportation company’s stock valued at $1,619,000 after acquiring an additional 643 shares in the last quarter. 25.50% of the stock is owned by institutional investors.

Universal Logistics Trading Down 0.7 %

NASDAQ:ULH opened at $48.47 on Monday. Universal Logistics Holdings, Inc. has a 12 month low of $25.78 and a 12 month high of $53.29. The firm has a fifty day simple moving average of $46.94 and a 200-day simple moving average of $43.32. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $1.28 billion, a P/E ratio of 9.73 and a beta of 0.89.

Universal Logistics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Monday, December 2nd will be given a dividend of $0.105 per share. The ex-dividend date is Monday, December 2nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.87%. Universal Logistics’s dividend payout ratio is presently 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.