Dimensional Fund Advisors LP Buys 19,097 Shares of Universal Logistics Holdings, Inc. (ULH)

Dimensional Fund Advisors LP lifted its holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 4.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 419,396 shares of the transportation company’s stock after buying an additional 19,097 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.47% of Universal Logistics worth $6,291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ULH. Teachers Advisors LLC grew its stake in Universal Logistics by 10.2% in the second quarter. Teachers Advisors LLC now owns 12,660 shares of the transportation company’s stock worth $190,000 after purchasing an additional 1,169 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in Universal Logistics during the 1st quarter valued at $225,000. Schwab Charles Investment Management Inc. boosted its position in Universal Logistics by 47.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 31,477 shares of the transportation company’s stock valued at $473,000 after acquiring an additional 10,129 shares in the last quarter. Geode Capital Management LLC boosted its position in Universal Logistics by 4.2% during the 1st quarter. Geode Capital Management LLC now owns 77,352 shares of the transportation company’s stock valued at $1,110,000 after acquiring an additional 3,138 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Universal Logistics by 2.4% during the 1st quarter. Bank of New York Mellon Corp now owns 106,818 shares of the transportation company’s stock valued at $1,533,000 after acquiring an additional 2,495 shares in the last quarter. Hedge funds and other institutional investors own 27.79% of the company’s stock.

Several analysts have issued reports on ULH shares. BidaskClub raised Universal Logistics from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised Universal Logistics from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Citigroup raised their price objective on Universal Logistics from $14.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, October 6th. Stifel Nicolaus reissued a “buy” rating and issued a $24.00 price objective on shares of Universal Logistics in a research report on Sunday, October 1st. Finally, ValuEngine cut Universal Logistics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $23.00.

In related news, Director H.E. Wolfe sold 17,500 shares of the firm’s stock in a transaction on Sunday, November 5th. The stock was sold at an average price of $22.00, for a total value of $385,000.00. Following the completion of the transaction, the director now owns 35,065 shares in the company, valued at approximately $771,430. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 71.00% of the company’s stock.

Shares of Universal Logistics Holdings, Inc. (NASDAQ ULH) traded down $0.10 during mid-day trading on Wednesday, reaching $23.40. The company had a trading volume of 15,639 shares, compared to its average volume of 17,792. The stock has a market cap of $668.14, a price-to-earnings ratio of 38.61 and a beta of 1.57. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.10 and a quick ratio of 1.10. Universal Logistics Holdings, Inc. has a one year low of $11.65 and a one year high of $24.44.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Monday, November 6th were paid a $0.07 dividend. The ex-dividend date was Friday, November 3rd. This represents a $0.28 dividend on an annualized basis and a yield of 1.20%. Universal Logistics’s dividend payout ratio (DPR) is 121.74%.

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Universal Logistics Profile

Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of customized transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment.

Institutional Ownership by Quarter for Universal Logistics (NASDAQ:ULH)

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