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

Proficio Capital Partners LLC bought a new stake in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,401 shares of the transportation company's stock, valued at approximately $753,000. Proficio Capital Partners LLC owned about 0.06% of Universal Logistics as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC raised its holdings 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 worth $176,000 after buying an additional 516 shares during the last quarter. PDT Partners LLC purchased a new position in shares of Universal Logistics in the third quarter worth $301,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Universal Logistics in the third quarter worth $358,000. Jane Street Group LLC raised its holdings in shares of Universal Logistics by 23.8% in the third quarter. Jane Street Group LLC now owns 9,276 shares of the transportation company's stock worth $400,000 after buying an additional 1,783 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Universal Logistics by 339.7% in the third quarter. Barclays PLC now owns 10,952 shares of the transportation company's stock worth $473,000 after acquiring an additional 8,461 shares during the period. Hedge funds and other institutional investors own 25.50% of the company's stock.

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Analysts Set New Price Targets

Separately, Stifel Nicolaus increased their price objective on shares of Universal Logistics from $42.00 to $44.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd.

Universal Logistics Stock Performance

Shares of NASDAQ:ULH traded up $1.18 during midday trading on Friday, reaching $27.97. The company's stock had a trading volume of 33,790 shares, compared to its average volume of 44,375. The firm has a market capitalization of $736.11 million, a PE ratio of 5.66 and a beta of 0.96. Universal Logistics Holdings, Inc. has a twelve month low of $25.13 and a twelve month high of $53.29. The stock has a fifty day moving average of $37.56 and a 200 day moving average of $42.52. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75.

Universal Logistics (NASDAQ:ULH - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.77 earnings per share 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 last year, the business posted $0.81 earnings per share. On average, equities analysts expect that Universal Logistics Holdings, Inc. will post 2.81 EPS for the current fiscal year.

Universal Logistics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 3rd will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.42 annualized dividend and a yield of 1.50%. Universal Logistics's dividend payout ratio is presently 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.