Denali Advisors LLC Acquires 8,418 Shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Denali Advisors LLC boosted its holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 92,249 shares of the transportation company’s stock after purchasing an additional 8,418 shares during the quarter. Denali Advisors LLC owned about 0.35% of Universal Logistics worth $4,238,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Rhumbline Advisers grew its stake in shares of Universal Logistics by 4.8% in the 4th quarter. Rhumbline Advisers now owns 10,353 shares of the transportation company’s stock worth $476,000 after buying an additional 470 shares during the last quarter. SG Americas Securities LLC grew 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 worth $176,000 after acquiring an additional 516 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Universal Logistics by 1.7% during the third 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. State Street Corp raised its position in shares of Universal Logistics by 0.6% in the 3rd quarter. State Street Corp now owns 147,251 shares of the transportation company’s stock worth $6,363,000 after purchasing an additional 911 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Universal Logistics by 23.8% in the 3rd quarter. Jane Street Group LLC now owns 9,276 shares of the transportation company’s stock worth $400,000 after purchasing an additional 1,783 shares in the last quarter. Institutional investors own 25.50% of the company’s stock.

Universal Logistics Stock Performance

ULH stock opened at $27.46 on Wednesday. The stock has a market capitalization of $722.69 million, a PE ratio of 5.56 and a beta of 0.90. The stock’s 50 day simple moving average is $41.09 and its 200 day simple moving average is $43.33. Universal Logistics Holdings, Inc. has a 12-month low of $27.05 and a 12-month high of $53.29. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.75.

Universal Logistics (NASDAQ:ULH) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.16). Universal Logistics had a net margin of 7.04% and a return on equity of 21.37%. During the same period in the previous year, the firm earned $0.81 EPS. As a group, research analysts forecast that Universal Logistics Holdings, Inc. will post 2.81 earnings per share for the current fiscal year.

Universal Logistics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd will be paid a $0.105 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.53%. Universal Logistics’s dividend payout ratio is presently 8.50%.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus lifted their target price on shares of Universal Logistics from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd.

Universal Logistics Company 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.