Boston Partners Decreases Holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Boston Partners decreased its position in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 6.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 80,649 shares of the transportation company’s stock after selling 5,519 shares during the period. Boston Partners’ holdings in Universal Logistics were worth $2,974,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ULH. Quadrature Capital Ltd lifted its stake in Universal Logistics by 8.3% in the 4th quarter. Quadrature Capital Ltd now owns 10,862 shares of the transportation company’s stock valued at $304,000 after buying an additional 834 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Universal Logistics by 77.7% in the 1st quarter. BNP Paribas Financial Markets now owns 3,347 shares of the transportation company’s stock valued at $123,000 after buying an additional 1,463 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Universal Logistics in the 4th quarter valued at approximately $110,000. Russell Investments Group Ltd. lifted its stake in 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 in the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new stake in Universal Logistics in the 1st quarter valued at approximately $260,000. Hedge funds and other institutional investors own 25.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. StockNews.com raised Universal Logistics from a “hold” rating to a “buy” rating in a research note on Friday, April 26th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $46.00 target price (up previously from $36.00) on shares of Universal Logistics in a research note on Monday, April 29th.

Universal Logistics Trading Down 6.8 %

ULH traded down $2.80 during trading on Friday, hitting $38.40. The company’s stock had a trading volume of 30,833 shares, compared to its average volume of 34,282. The firm’s 50 day moving average price is $41.61 and its 200-day moving average price is $38.05. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market cap of $1.01 billion, a PE ratio of 8.38 and a beta of 0.82. Universal Logistics Holdings, Inc. has a twelve month low of $20.85 and a twelve month high of $50.52.

Universal Logistics (NASDAQ:ULH) last issued its quarterly earnings results on Thursday, July 25th. The transportation company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.03. The company had revenue of $462.16 million during the quarter, compared to the consensus estimate of $461.60 million. Universal Logistics had a return on equity of 23.55% and a net margin of 7.23%. During the same period in the previous year, the firm posted $0.90 EPS. On average, analysts expect that Universal Logistics Holdings, Inc. will post 5.25 earnings per share for the current year.

Universal Logistics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 2nd will be issued a dividend of $0.105 per share. The ex-dividend date is Friday, August 30th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.09%. Universal Logistics’s payout ratio is 9.17%.

Universal Logistics 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.