Universal Logistics Holdings, Inc. (NASDAQ:ULH) Shares Bought by American Century Companies Inc.

American Century Companies Inc. grew its stake in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 231,617 shares of the transportation company’s stock after acquiring an additional 21,516 shares during the period. American Century Companies Inc.’s holdings in Universal Logistics were worth $10,640,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ULH. Rhumbline Advisers raised its holdings in Universal Logistics by 4.8% during the fourth quarter. Rhumbline Advisers now owns 10,353 shares of the transportation company’s stock worth $476,000 after purchasing an additional 470 shares during the last quarter. SG Americas Securities LLC increased its position 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 valued at $176,000 after buying an additional 516 shares in the last quarter. State Street Corp raised its stake in shares of Universal Logistics by 0.6% during the 3rd quarter. State Street Corp now owns 147,251 shares of the transportation company’s stock worth $6,363,000 after buying an additional 911 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of 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 buying an additional 1,040 shares in the last quarter. Finally, Jane Street Group LLC grew 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 valued at $400,000 after acquiring an additional 1,783 shares during the last quarter. Hedge funds and other institutional investors own 25.50% of the company’s stock.

Universal Logistics Price Performance

NASDAQ:ULH opened at $27.17 on Thursday. Universal Logistics Holdings, Inc. has a 12-month low of $25.13 and a 12-month high of $53.29. The firm has a market cap of $715.03 million, a price-to-earnings ratio of 5.50 and a beta of 0.96. The company’s 50-day moving average is $31.43 and its two-hundred day moving average is $40.72. 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 announced its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.77 earnings per share (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 quarter in the previous year, the company posted $0.81 EPS. Research analysts expect that Universal Logistics Holdings, Inc. will post 2.81 EPS for the current year.

Universal Logistics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend was Monday, March 3rd. Universal Logistics’s dividend payout ratio is currently 8.50%.

Analyst Ratings Changes

Separately, Stifel Nicolaus increased their target price on Universal Logistics from $42.00 to $44.00 and gave the company 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.