Universal Logistics (NASDAQ:ULH) Reaches New 12-Month Low – What’s Next?

Shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH) reached a new 52-week low during trading on Wednesday . The company traded as low as $27.05 and last traded at $27.46, with a volume of 51656 shares. The stock had previously closed at $27.53.

Analyst Ratings Changes

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

Universal Logistics Stock Performance

The company has a fifty day moving average of $41.09 and a two-hundred day moving average of $43.33. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market cap of $722.69 million, a price-to-earnings ratio of 5.56 and a beta of 0.90.

Universal Logistics (NASDAQ:ULH) last announced its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates 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 period last year, the business earned $0.81 EPS. Equities research analysts anticipate that Universal Logistics Holdings, Inc. will post 2.81 EPS for the current year.

Universal Logistics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 3rd will be issued a $0.105 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.42 dividend on an annualized basis and a yield of 1.53%. Universal Logistics’s payout ratio is 8.50%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ULH. KLP Kapitalforvaltning AS acquired a new stake in shares of Universal Logistics during the fourth quarter worth $64,000. Wells Fargo & Company MN grew its holdings in Universal Logistics by 31.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,708 shares of the transportation company’s stock worth $170,000 after acquiring an additional 877 shares during the period. SG Americas Securities LLC raised its position in shares of Universal Logistics by 15.6% in the 4th quarter. SG Americas Securities LLC now owns 3,831 shares of the transportation company’s stock worth $176,000 after acquiring an additional 516 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Universal Logistics in the 4th quarter valued at about $218,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Universal Logistics in the 4th quarter valued at about $293,000. Institutional investors own 25.50% of the company’s stock.

Universal Logistics Company 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.