Jane Street Group LLC Boosts Stock Position in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Jane Street Group LLC lifted its position in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 23.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,276 shares of the transportation company’s stock after purchasing an additional 1,783 shares during the quarter. Jane Street Group LLC’s holdings in Universal Logistics were worth $400,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in Universal Logistics in the 3rd quarter worth approximately $143,000. PDT Partners LLC purchased a new stake in shares of Universal Logistics in the 3rd quarter valued at $301,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Universal Logistics in the third quarter worth $358,000. AQR Capital Management LLC raised its holdings in shares of Universal Logistics by 82.5% during the second quarter. AQR Capital Management LLC now owns 14,003 shares of the transportation company’s stock worth $568,000 after purchasing an additional 6,332 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in Universal Logistics during the second quarter valued at $970,000. Institutional investors and hedge funds own 25.50% of the company’s stock.

Universal Logistics Price Performance

NASDAQ:ULH opened at $42.80 on Wednesday. The firm’s fifty day moving average is $47.76 and its two-hundred day moving average is $43.86. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 8.59 and a beta of 0.92. Universal Logistics Holdings, Inc. has a one year low of $27.61 and a one year high of $53.29. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.36 and a current ratio of 1.36.

Universal Logistics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 2nd were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend was Monday, December 2nd. Universal Logistics’s dividend payout ratio (DPR) is 8.43%.

About Universal Logistics

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.