AQR Capital Management LLC Has $568,000 Stock Position in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

AQR Capital Management LLC increased its stake in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 82.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,003 shares of the transportation company’s stock after purchasing an additional 6,332 shares during the period. AQR Capital Management LLC’s holdings in Universal Logistics were worth $568,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its holdings in Universal Logistics by 1.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 827,669 shares of the transportation company’s stock worth $33,594,000 after acquiring an additional 14,720 shares during the period. American Century Companies Inc. grew its holdings in Universal Logistics by 27.1% during the 2nd quarter. American Century Companies Inc. now owns 170,640 shares of the transportation company’s stock worth $6,926,000 after acquiring an additional 36,377 shares during the period. Empowered Funds LLC grew its holdings in Universal Logistics by 13.3% during the 1st quarter. Empowered Funds LLC now owns 86,537 shares of the transportation company’s stock worth $3,191,000 after acquiring an additional 10,191 shares during the period. Denali Advisors LLC grew its holdings in Universal Logistics by 33.6% during the 2nd quarter. Denali Advisors LLC now owns 83,831 shares of the transportation company’s stock worth $3,403,000 after acquiring an additional 21,100 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in shares of Universal Logistics by 6.6% in the 1st quarter. Russell Investments Group Ltd. now owns 69,552 shares of the transportation company’s stock valued at $2,564,000 after buying an additional 4,308 shares during the period. Institutional investors own 25.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Universal Logistics from a “buy” rating to a “hold” rating in a report on Monday, August 12th.

Universal Logistics Price Performance

Shares of NASDAQ ULH opened at $44.75 on Tuesday. The company has a fifty day moving average price of $41.72 and a 200 day moving average price of $41.24. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.66. Universal Logistics Holdings, Inc. has a 1-year low of $20.85 and a 1-year high of $50.52. The firm has a market cap of $1.18 billion, a PE ratio of 9.77 and a beta of 0.83.

Universal Logistics (NASDAQ:ULH) last issued its quarterly earnings results on Thursday, July 25th. The transportation company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.14 by $0.03. The firm had revenue of $462.16 million for the quarter, compared to analysts’ expectations of $461.60 million. Universal Logistics had a net margin of 7.23% and a return on equity of 22.84%. During the same period in the previous year, the firm posted $0.90 EPS. Research analysts predict that Universal Logistics Holdings, Inc. will post 5.25 earnings per share for the current fiscal year.

Universal Logistics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Monday, September 2nd were issued a $0.105 dividend. The ex-dividend date was Friday, August 30th. This represents a $0.42 annualized dividend and a yield of 0.94%. Universal Logistics’s dividend payout ratio is currently 9.17%.

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.