Barclays PLC boosted its stake in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH - Free Report) by 339.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,952 shares of the transportation company's stock after buying an additional 8,461 shares during the period. Barclays PLC's holdings in Universal Logistics were worth $473,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. American Century Companies Inc. boosted its holdings in shares of Universal Logistics by 27.1% during the second quarter. American Century Companies Inc. now owns 170,640 shares of the transportation company's stock worth $6,926,000 after purchasing an additional 36,377 shares during the period. FMR LLC lifted its position in Universal Logistics by 4.1% in the 3rd quarter. FMR LLC now owns 2,537,859 shares of the transportation company's stock worth $109,407,000 after buying an additional 100,563 shares in the last quarter. State Street Corp boosted its stake in shares of Universal Logistics by 0.6% during the 3rd quarter. State Street Corp now owns 147,251 shares of the transportation company's stock valued at $6,363,000 after buying an additional 911 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Universal Logistics by 1.7% during the 3rd 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. Finally, Renaissance Technologies LLC acquired a new position in shares of Universal Logistics in the second quarter worth $970,000. 25.50% of the stock is owned by hedge funds and other institutional investors.
Universal Logistics Stock Down 0.6 %
Shares of Universal Logistics stock opened at $43.85 on Friday. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 8.81 and a beta of 0.92. The stock has a 50-day simple moving average of $47.28 and a 200-day simple moving average of $43.99. Universal Logistics Holdings, Inc. has a 52-week low of $28.00 and a 52-week 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 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 2nd were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend was Monday, December 2nd. Universal Logistics's payout ratio is presently 8.43%.
Universal Logistics Profile
(
Free Report)
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.
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