Geode Capital Management LLC Boosts Stock Holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Geode Capital Management LLC boosted its position in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 183,374 shares of the transportation company’s stock after purchasing an additional 4,130 shares during the period. Geode Capital Management LLC owned about 0.70% of Universal Logistics worth $7,907,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. FMR LLC boosted its position in Universal Logistics by 4.1% during the third quarter. FMR LLC now owns 2,537,859 shares of the transportation company’s stock worth $109,407,000 after purchasing an additional 100,563 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 buying an additional 36,377 shares during the last quarter. Victory Capital Management Inc. boosted 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 buying an additional 28,513 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Universal Logistics in the 2nd quarter valued at about $970,000. Finally, Denali Advisors LLC increased its holdings in Universal Logistics by 33.6% during the 2nd 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. Hedge funds and other institutional investors own 25.50% of the company’s stock.

Universal Logistics Trading Down 4.8 %

Shares of Universal Logistics stock opened at $43.75 on Friday. Universal Logistics Holdings, Inc. has a 1 year low of $27.49 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. The business has a 50 day moving average price of $47.57 and a 200 day moving average price of $43.75. The company has a market capitalization of $1.15 billion, a P/E ratio of 8.79 and a beta of 0.89.

Universal Logistics Announces Dividend

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

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.