Russell Investments Group Ltd. Purchases Shares of 63,213 Universal Logistics Holdings Inc (ULH)

Russell Investments Group Ltd. purchased a new stake in Universal Logistics Holdings Inc (NASDAQ:ULH) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 63,213 shares of the transportation company’s stock, valued at approximately $1,293,000. Russell Investments Group Ltd. owned 0.22% of Universal Logistics at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Geode Capital Management LLC lifted its stake in Universal Logistics by 4.2% during the first quarter. Geode Capital Management LLC now owns 77,352 shares of the transportation company’s stock worth $1,110,000 after purchasing an additional 3,138 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Universal Logistics by 47.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 31,477 shares of the transportation company’s stock worth $473,000 after purchasing an additional 10,129 shares during the last quarter. Teachers Advisors LLC lifted its stake in Universal Logistics by 10.2% during the second quarter. Teachers Advisors LLC now owns 12,660 shares of the transportation company’s stock worth $190,000 after purchasing an additional 1,169 shares during the last quarter. Thrivent Financial For Lutherans lifted its stake in Universal Logistics by 2.0% during the second quarter. Thrivent Financial For Lutherans now owns 142,774 shares of the transportation company’s stock worth $2,141,000 after purchasing an additional 2,860 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in Universal Logistics by 1.7% during the second quarter. Northern Trust Corp now owns 143,751 shares of the transportation company’s stock worth $2,156,000 after purchasing an additional 2,427 shares during the last quarter. Institutional investors and hedge funds own 27.81% of the company’s stock.

Several research analysts have recently issued reports on ULH shares. BidaskClub downgraded shares of Universal Logistics from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Stifel Nicolaus reiterated a “buy” rating and set a $24.00 price target on shares of Universal Logistics in a report on Sunday, October 1st. Zacks Investment Research upgraded shares of Universal Logistics from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a report on Thursday, October 5th. ValuEngine downgraded shares of Universal Logistics from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Citigroup upped their price target on shares of Universal Logistics from $14.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, October 6th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $23.00.

In other news, Director H.E. Wolfe sold 17,500 shares of the company’s stock in a transaction on Sunday, November 5th. The shares were sold at an average price of $22.00, for a total transaction of $385,000.00. Following the completion of the transaction, the director now directly owns 35,065 shares in the company, valued at $771,430. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 71.00% of the stock is currently owned by corporate insiders.

Universal Logistics Holdings Inc (NASDAQ ULH) opened at $24.10 on Thursday. The stock has a market cap of $684.23, a price-to-earnings ratio of 104.78 and a beta of 1.57. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.10 and a current ratio of 1.10. Universal Logistics Holdings Inc has a 1-year low of $11.65 and a 1-year high of $24.65.

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About Universal Logistics

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.

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

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