Universal Logistics Holdings Inc (ULH) Stake Raised by Deutsche Bank AG

Deutsche Bank AG increased its holdings in Universal Logistics Holdings Inc (NASDAQ:ULH) by 51.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 56,029 shares of the transportation company’s stock after purchasing an additional 19,079 shares during the period. Deutsche Bank AG’s holdings in Universal Logistics were worth $1,012,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. MetLife Investment Advisors LLC acquired a new position in Universal Logistics in the third quarter valued at $231,000. Rhumbline Advisers boosted its holdings in Universal Logistics by 42.0% in the fourth quarter. Rhumbline Advisers now owns 12,014 shares of the transportation company’s stock valued at $217,000 after acquiring an additional 3,551 shares during the last quarter. AQR Capital Management LLC acquired a new position in Universal Logistics in the third quarter valued at $457,000. Wells Fargo & Company MN boosted its holdings in Universal Logistics by 21.0% in the third quarter. Wells Fargo & Company MN now owns 13,530 shares of the transportation company’s stock valued at $498,000 after acquiring an additional 2,352 shares during the last quarter. Finally, Teachers Advisors LLC boosted its holdings in Universal Logistics by 18.8% in the third quarter. Teachers Advisors LLC now owns 15,035 shares of the transportation company’s stock valued at $553,000 after acquiring an additional 2,375 shares during the last quarter. 28.48% of the stock is owned by institutional investors and hedge funds.

Shares of ULH opened at $22.49 on Wednesday. The stock has a market cap of $638.64 million, a price-to-earnings ratio of 10.81 and a beta of 1.98. Universal Logistics Holdings Inc has a 12 month low of $17.40 and a 12 month high of $37.67. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.24 and a current ratio of 1.24.

Universal Logistics (NASDAQ:ULH) last released its quarterly earnings results on Thursday, April 25th. The transportation company reported $0.61 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.05. Universal Logistics had a return on equity of 32.42% and a net margin of 3.93%. The business had revenue of $377.41 million for the quarter. As a group, equities research analysts predict that Universal Logistics Holdings Inc will post 2.12 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Monday, May 6th will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Friday, May 3rd. Universal Logistics’s dividend payout ratio (DPR) is 20.19%.

A number of research analysts have commented on the company. ValuEngine upgraded Universal Logistics from a “sell” rating to a “hold” rating in a research note on Tuesday, April 30th. BidaskClub upgraded Universal Logistics from a “strong sell” rating to a “sell” rating in a research note on Thursday, April 4th. Finally, Loop Capital upgraded Universal Logistics from a “hold” rating to a “buy” rating in a research note on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $32.25.

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Universal Logistics Company Profile

Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers transportation services including dry van, flatbed, heavy haul, and refrigerated services; domestic and international freight forwarding and customs brokerage services; and final mile and ground expedite services.

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Institutional Ownership by Quarter for Universal Logistics (NASDAQ:ULH)

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