Empowered Funds LLC Has $4.23 Million Stock Position in Universal Logistics Holdings, Inc. (NASDAQ:ULH)

Empowered Funds LLC increased its position in Universal Logistics Holdings, Inc. (NASDAQ:ULH) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,155 shares of the transportation company’s stock after acquiring an additional 4,958 shares during the quarter. Empowered Funds LLC owned about 0.37% of Universal Logistics worth $4,231,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Innealta Capital LLC acquired a new stake in shares of Universal Logistics in the second quarter valued at about $48,000. BNP Paribas Financial Markets boosted its stake in Universal Logistics by 77.7% during the 1st quarter. BNP Paribas Financial Markets now owns 3,347 shares of the transportation company’s stock valued at $123,000 after purchasing an additional 1,463 shares during the period. SG Americas Securities LLC acquired a new stake in Universal Logistics in the 3rd quarter valued at approximately $143,000. O Shaughnessy Asset Management LLC bought a new position in Universal Logistics in the 1st quarter worth approximately $260,000. Finally, Quadrature Capital Ltd lifted its holdings in shares of Universal Logistics by 25.2% during the first quarter. Quadrature Capital Ltd now owns 13,604 shares of the transportation company’s stock worth $505,000 after buying an additional 2,742 shares during the last quarter. Institutional investors and hedge funds own 25.50% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Universal Logistics from a “buy” rating to a “hold” rating in a research report on Monday, August 12th.

Universal Logistics Stock Down 0.3 %

Shares of ULH opened at $48.87 on Monday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.26 and a current ratio of 1.36. The company has a 50-day simple moving average of $44.20 and a 200-day simple moving average of $42.87. Universal Logistics Holdings, Inc. has a 52 week low of $23.08 and a 52 week high of $53.29. The firm has a market capitalization of $1.29 billion, a P/E ratio of 9.81 and a beta of 0.84.

Universal Logistics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Monday, December 2nd will be issued a $0.105 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.42 annualized dividend and a yield of 0.86%. Universal Logistics’s dividend payout ratio (DPR) is 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.