Universal Logistics Holdings, Inc. (NASDAQ:ULH) Shares Purchased by Barclays PLC

Barclays PLC boosted its stake in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 339.7% in the third quarter, Holdings Channel.com reports. The fund owned 10,952 shares of the transportation company’s stock after buying an additional 8,461 shares during the quarter. Barclays PLC’s holdings in Universal Logistics were worth $473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in ULH. FMR LLC raised its position in Universal Logistics by 4.1% during the 3rd quarter. FMR LLC now owns 2,537,859 shares of the transportation company’s stock worth $109,407,000 after buying an additional 100,563 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Universal Logistics by 27.1% during the second 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. Victory Capital Management Inc. raised its holdings in Universal Logistics by 339.1% during the second quarter. Victory Capital Management Inc. now owns 36,921 shares of the transportation company’s stock worth $1,499,000 after purchasing an additional 28,513 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Universal Logistics in the second quarter valued at about $970,000. Finally, Denali Advisors LLC boosted its holdings in Universal Logistics by 33.6% in the 2nd quarter. Denali Advisors LLC now owns 83,831 shares of the transportation company’s stock valued at $3,403,000 after purchasing an additional 21,100 shares in the last quarter. Hedge funds and other institutional investors own 25.50% of the company’s stock.

Universal Logistics Stock Down 4.8 %

Universal Logistics stock opened at $43.75 on Friday. The stock’s 50 day moving average price is $47.57 and its 200 day moving average price is $43.75. Universal Logistics Holdings, Inc. has a 1-year low of $27.49 and a 1-year high of $53.29. The company has a market cap of $1.15 billion, a PE ratio of 8.79 and a beta of 0.89. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.36 and a quick ratio of 1.36.

Universal Logistics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 2nd were given a $0.105 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.42 annualized dividend and a dividend yield of 0.96%. Universal Logistics’s dividend payout ratio is presently 8.43%.

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.