16,401 Shares in Universal Logistics Holdings, Inc. (NASDAQ:ULH) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in Universal Logistics Holdings, Inc. (NASDAQ:ULH) in the 4th quarter, HoldingsChannel reports. The fund acquired 16,401 shares of the transportation company’s stock, valued at approximately $753,000.

Several other large investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its holdings in Universal Logistics by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 58,164 shares of the transportation company’s stock worth $2,672,000 after acquiring an additional 1,040 shares during the last quarter. Anchor Capital Advisors LLC increased its holdings in Universal Logistics by 28.5% in the 4th quarter. Anchor Capital Advisors LLC now owns 34,105 shares of the transportation company’s stock worth $1,567,000 after acquiring an additional 7,570 shares during the last quarter. Denali Advisors LLC increased its holdings in Universal Logistics by 10.0% in the 4th quarter. Denali Advisors LLC now owns 92,249 shares of the transportation company’s stock worth $4,238,000 after acquiring an additional 8,418 shares during the last quarter. New York State Common Retirement Fund increased its holdings in Universal Logistics by 7.3% in the 4th quarter. New York State Common Retirement Fund now owns 31,157 shares of the transportation company’s stock worth $1,431,000 after acquiring an additional 2,109 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in 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 acquiring an additional 470 shares during the last quarter. Hedge funds and other institutional investors own 25.50% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Universal Logistics Stock Down 0.8 %

Shares of NASDAQ ULH opened at $26.47 on Friday. Universal Logistics Holdings, Inc. has a 52 week low of $25.13 and a 52 week high of $53.29. The business has a 50-day simple moving average of $34.08 and a two-hundred day simple moving average of $41.48. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. The company has a market cap of $696.64 million, a P/E ratio of 5.36 and a beta of 0.96.

Universal Logistics (NASDAQ:ULH) last issued its earnings results 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 return on equity of 21.37% and a net margin of 7.04%. During the same period in the prior year, the company posted $0.81 earnings per share. Research analysts anticipate 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 announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders 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 annualized dividend and a yield of 1.59%. Universal Logistics’s dividend payout ratio is currently 8.50%.

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.