Universal Logistics Holdings, Inc. (NASDAQ:ULH - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $47.58 and traded as low as $43.64. Universal Logistics shares last traded at $44.17, with a volume of 21,098 shares changing hands.
Universal Logistics Stock Performance
The stock has a 50 day moving average price of $47.44 and a two-hundred day moving average price of $43.96. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 8.86 and a beta of 0.92. 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 business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 2nd were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend was Monday, December 2nd. Universal Logistics's dividend payout ratio is presently 8.43%.
Institutional Trading of Universal Logistics
Hedge funds have recently modified their holdings of the stock. Victory Capital Management Inc. raised its position in Universal Logistics by 1.7% in the 3rd quarter. Victory Capital Management Inc. now owns 37,564 shares of the transportation company's stock worth $1,619,000 after purchasing an additional 643 shares during the last quarter. State Street Corp raised its position in shares of Universal Logistics by 0.6% during the third quarter. State Street Corp now owns 147,251 shares of the transportation company's stock worth $6,363,000 after acquiring an additional 911 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Universal Logistics by 23.8% during the third quarter. Jane Street Group LLC now owns 9,276 shares of the transportation company's stock valued at $400,000 after acquiring an additional 1,783 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Universal Logistics by 3.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,124 shares of the transportation company's stock valued at $2,463,000 after acquiring an additional 1,864 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in Universal Logistics in the third quarter valued at about $143,000. 25.50% of the stock is owned by institutional investors.
About Universal Logistics
(
Get 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.
Further Reading
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