Brandywine Global Investment Management LLC Has $2.08 Million Holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Brandywine Global Investment Management LLC decreased its holdings in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 4.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,293 shares of the transportation company’s stock after selling 2,110 shares during the quarter. Brandywine Global Investment Management LLC owned 0.17% of Universal Logistics worth $2,081,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. KLP Kapitalforvaltning AS bought a new position in shares of Universal Logistics in the fourth quarter worth $64,000. SG Americas Securities LLC increased its holdings in Universal Logistics by 15.6% in the 4th 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 during the period. Commonwealth Equity Services LLC acquired a new position in shares of Universal Logistics in the 4th quarter valued at approximately $293,000. PDT Partners LLC bought a new stake in shares of Universal Logistics during the 3rd quarter worth approximately $301,000. Finally, Jane Street Group LLC boosted its position in shares of Universal Logistics by 23.8% during the 3rd quarter. Jane Street Group LLC now owns 9,276 shares of the transportation company’s stock worth $400,000 after acquiring an additional 1,783 shares in the last quarter. Institutional investors and hedge funds own 25.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus boosted their price objective on shares of Universal Logistics from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd.

Universal Logistics Stock Performance

Universal Logistics stock opened at $27.17 on Thursday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. The stock has a market cap of $715.03 million, a PE ratio of 5.50 and a beta of 0.92. Universal Logistics Holdings, Inc. has a 12-month low of $25.13 and a 12-month high of $53.29. The business’s 50-day moving average price is $31.43 and its two-hundred day moving average price is $40.72.

Universal Logistics (NASDAQ:ULH) last announced its quarterly earnings results 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 prior year, the business earned $0.81 EPS. As a group, analysts expect that Universal Logistics Holdings, Inc. will post 2.81 earnings per share for the current fiscal year.

Universal Logistics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd were paid 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 payout ratio is 8.50%.

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.