Cambridge Investment Research Advisors Inc. Purchases 4,766 Shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Cambridge Investment Research Advisors Inc. raised its holdings in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH – Get Rating) by 49.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,418 shares of the transportation company’s stock after buying an additional 4,766 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.05% of Universal Logistics worth $482,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ULH. Swiss National Bank bought a new stake in shares of Universal Logistics in the 4th quarter worth approximately $635,000. Janney Montgomery Scott LLC boosted its position in shares of Universal Logistics by 33.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 43,145 shares of the transportation company’s stock valued at $1,443,000 after purchasing an additional 10,779 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of Universal Logistics by 20.9% during the fourth quarter. New York State Common Retirement Fund now owns 15,663 shares of the transportation company’s stock valued at $524,000 after purchasing an additional 2,705 shares in the last quarter. Seizert Capital Partners LLC bought a new stake in shares of Universal Logistics during the fourth quarter valued at approximately $443,000. Finally, Ritholtz Wealth Management boosted its position in shares of Universal Logistics by 9.9% during the fourth quarter. Ritholtz Wealth Management now owns 10,759 shares of the transportation company’s stock valued at $360,000 after purchasing an additional 971 shares in the last quarter. 24.07% of the stock is currently owned by hedge funds and other institutional investors.

Universal Logistics Stock Up 0.7 %

Shares of NASDAQ:ULH opened at $27.10 on Friday. The stock has a fifty day simple moving average of $27.25 and a two-hundred day simple moving average of $32.02. The stock has a market capitalization of $712.46 million, a price-to-earnings ratio of 4.71 and a beta of 1.22. Universal Logistics Holdings, Inc. has a 12-month low of $24.10 and a 12-month high of $45.00. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.66.

Universal Logistics (NASDAQ:ULH – Get Rating) last posted its quarterly earnings results on Thursday, April 27th. The transportation company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. Universal Logistics had a return on equity of 35.71% and a net margin of 7.85%. The firm had revenue of $437.40 million during the quarter, compared to analysts’ expectations of $416.80 million. On average, research analysts anticipate that Universal Logistics Holdings, Inc. will post 4.23 earnings per share for the current fiscal year.

Universal Logistics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Stockholders of record on Monday, June 5th will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Friday, June 2nd. Universal Logistics’s dividend payout ratio is currently 7.30%.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Universal Logistics in a research report on Thursday, May 18th. They set a “buy” rating on the stock.

Universal Logistics Profile

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Universal Logistics Holdings, Inc engages in the provision of customized transportation and logistics solutions. It operates through the following segments: Contract Logistics, Intermodal, Trucking, Company-Managed Brokerage, and Other. The Contract Logistics segment delivers value-added and/or dedicated transportation services to support inbound logistics to original equipment manufacturers and major retailers on a contractual basis, generally pursuant to terms of one year or longer.