Proficio Capital Partners LLC Makes New Investment in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Proficio Capital Partners LLC bought a new position in Universal Logistics Holdings, Inc. (NASDAQ:ULH - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 16,401 shares of the transportation company's stock, valued at approximately $753,000. Proficio Capital Partners LLC owned approximately 0.06% of Universal Logistics as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC lifted its stake in shares of Universal Logistics by 15.6% in the fourth quarter. SG Americas Securities LLC now owns 3,831 shares of the transportation company's stock valued at $176,000 after buying an additional 516 shares in the last quarter. PDT Partners LLC acquired a new stake in shares of Universal Logistics in the 3rd quarter worth about $301,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Universal Logistics in the 3rd quarter valued at about $358,000. Jane Street Group LLC boosted its stake in Universal Logistics by 23.8% during the 3rd 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 last quarter. Finally, Barclays PLC boosted its stake in Universal Logistics by 339.7% during the 3rd 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 last quarter. Institutional investors and hedge funds own 25.50% of the company's stock.

Analyst Upgrades and Downgrades

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

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Universal Logistics Stock Up 3.6 %

Shares of NASDAQ ULH traded up $0.96 during trading on Wednesday, hitting $27.65. The stock had a trading volume of 39,560 shares, compared to its average volume of 45,193. The firm has a fifty day moving average of $33.46 and a two-hundred day moving average of $41.29. The company has a market capitalization of $727.67 million, a PE ratio of 5.60 and a beta of 0.96. 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 Holdings, Inc. has a 12 month low of $25.13 and a 12 month high of $53.29.

Universal Logistics (NASDAQ:ULH - Get Free Report) last issued its quarterly earnings data 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 quarter in the prior year, the company earned $0.81 earnings per share. As a group, equities research analysts forecast that Universal Logistics Holdings, Inc. will post 2.81 EPS for the current fiscal year.

Universal Logistics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 3rd will be issued a dividend of $0.105 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.42 dividend on an annualized basis and a yield of 1.52%. Universal Logistics's dividend payout ratio (DPR) is currently 8.50%.

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.