Cornerstone Investment Partners LLC recently announced that it acquired Universal Logistics Holdings, Inc. during the fourth quarter. (NASDAQ: ULH ) reduced its holdings by 24.7%, according to its most recent filing with the Securities and Exchange Commission. The firm now owned 12,576 shares of ULH stock after selling 4,125 shares during the quarter. Cornerstone’s holdings in Universal Logistics were worth $421,000 at the end of the most recent reporting period, according to their filing.

Universal Logistics Holdings is a leading provider of transportation and logistics solutions tailored to the needs of businesses across a variety of industries. Based in Warren, Michigan, ULH operates through five distinct segments including contract logistics, intermodal, trucking, company-managed brokerage and others.

The contract logistics segment is one of the primary pillars on which ULH’s operations stand by providing value-added and/or dedicated transportation services that support inbound logistics on a contract basis to original equipment manufacturers and major retailers. Generally on terms of one year or more.

According to reports of Friday’s trading session on NASDAQ: ULH stock saw an upward trend of $0.09 while trading hands at $28.74 per share with only 5,825 shares traded compared to its average volume of 73,181. It can be safely assumed that investors are still holding tight to their investments as they monitor the situation carefully.

The company has a market capitalization of over $755 million and a price-to-earnings ratio of around 4.55 with an enviable beta rating standing strong at around 1.22, indicating significant stability and limited risk factors for investment-savvy clients.

After touching its fifty-two-week low of $17.89 and reaching a high of around $45, ULH will be on pace for further growth opportunities amid the COVID-19 disruptions and showing clear-cut and results-oriented strategies as well as contingency plans to avoid risks. This is caused by the continued epidemic.

Finally, Cornerstone’s move to reduce holdings in ULH can be safely assumed as an essential part of their investment strategy with due consideration to various market dynamics. Universal Logistics Holdings, Inc. Undoubtedly one of the most promising contenders in the logistics and transportation industry, with a clear business model and steady growth potential that will undoubtedly lead to countless opportunities in the near future.

Global Logistics: Customizing Transportation Solutions and Increasing Institutional Investment Confidence

Universal Logistics Holdings, Inc. is an innovative organization with a steadfast commitment to provide customized transportation and logistics solutions for customers. With its core segments of contract logistics, intermodal, trucking, company-managed brokerage, and other services, the company has managed to create added value for its customers who need dedicated transportation services to support their operations. It is mainly provided on contract basis for at least one year or more.

As part of the company’s growth strategy, Universal Logistics continues to attract institutional investors who have recently bought and sold shares of ULH. Bank of New York Mellon Corp increased its position in Universal Logistics by 3.4% during the first quarter, while Vanguard Group Inc. increased its position by 2.5% during the same period. Dimensional Fund Advisors LP and State Street Corp also increased their positions in the company at this time. Engineers Gate Manager LP also bought new shares worth approximately $250,000.

StockNews.com began coverage on shares of Universal Logistics in March of this year with a “Buy” rating for the company. In February 2017, the transportation firm last posted earnings results that saw it report $1.27 earnings per share for the quarter, falling short of the consensus estimate of $1.31 by ($0.04). Despite this setback, however, analysts predict that Universal Logistics will post 4.23 EPS for the current year.

The company recently announced a quarterly dividend that was paid on April 3 to stockholders of record as of March 6, and indicates that it beat revenue estimates of $458 million, while beating early analysts’ estimates by $461 million.

Universal Logistics Holdings’ dedication to providing customized logistics solutions to businesses has seen it grow in both business opportunities and shareholder confidence as institutional investment flows into its ownership base over time. Universal Logistics shows strong long-term growth potential.

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