Wedge Capital Management L L P NC maintained its stake in shares of Universal Logistics Holdings Inc (NYSE:ULH) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,900 shares of the transportation company’s stock at the end of the second quarter. Wedge Capital Management L L P NC owned approximately 0.06% of Universal Logistics Holdings worth $269,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of ULH. Deprince Race & Zollo Inc. purchased a new stake in shares of Universal Logistics Holdings during the first quarter worth approximately $1,277,000. FMR LLC raised its stake in shares of Universal Logistics Holdings by 3.1% in the first quarter. FMR LLC now owns 2,112,726 shares of the transportation company’s stock worth $30,318,000 after buying an additional 63,307 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Universal Logistics Holdings during the first quarter worth approximately $225,000. Schwab Charles Investment Management Inc. raised its stake in shares of Universal Logistics Holdings by 47.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 31,477 shares of the transportation company’s stock worth $473,000 after buying an additional 10,129 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Universal Logistics Holdings during the first quarter worth approximately $134,000.

Shares of Universal Logistics Holdings Inc (NYSE:ULH) opened at 14.10 on Tuesday. The company has a 50-day moving average price of $14.61 and a 200-day moving average price of $14.00. The company has a market capitalization of $401.03 million and a price-to-earnings ratio of 27.12. Universal Logistics Holdings Inc has a 12 month low of $11.09 and a 12 month high of $17.70.

Universal Logistics Holdings (NYSE:ULH) last issued its quarterly earnings data on Thursday, July 27th. The transportation company reported $0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.01. Universal Logistics Holdings had a net margin of 0.90% and a return on equity of 7.26%. The business had revenue of $305.20 million during the quarter, compared to analyst estimates of $302.10 million. On average, equities analysts anticipate that Universal Logistics Holdings Inc will post $0.70 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Monday, August 7th were issued a $0.07 dividend. The ex-dividend date of this dividend was Thursday, August 3rd. This represents a $0.28 annualized dividend and a yield of 1.99%.

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A number of analysts recently commented on ULH shares. Zacks Investment Research raised Universal Logistics Holdings from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 4th. Stifel Nicolaus raised Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Monday, July 31st.

Universal Logistics Holdings Company Profile

Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of customized transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment.

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Institutional Ownership by Quarter for Universal Logistics Holdings (NYSE:ULH)

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