Universal Logistics (NASDAQ:ULH) Reaches New 1-Year Low – Should You Sell?

Universal Logistics Holdings, Inc. (NASDAQ:ULH) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $26.04 and last traded at $26.12, with a volume of 51853 shares trading hands. The stock had previously closed at $27.20.

Wall Street Analyst Weigh In

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

Universal Logistics Price Performance

The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. The firm’s 50-day moving average is $38.34 and its 200-day moving average is $42.70. The company has a market cap of $701.11 million, a PE ratio of 5.39 and a beta of 0.96.

Universal Logistics (NASDAQ:ULH) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.16). Universal Logistics had a return on equity of 21.37% and a net margin of 7.04%. During the same quarter in the prior year, the business posted $0.81 EPS. On average, equities analysts anticipate that Universal Logistics Holdings, Inc. will post 2.81 EPS for the current year.

Universal Logistics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 3rd will be paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Monday, March 3rd. Universal Logistics’s payout ratio is currently 8.50%.

Institutional Investors Weigh In On Universal Logistics

Several hedge funds have recently bought and sold shares of ULH. KLP Kapitalforvaltning AS bought a new position in shares of Universal Logistics in the fourth quarter worth approximately $64,000. Wells Fargo & Company MN lifted its stake in shares of Universal Logistics by 31.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,708 shares of the transportation company’s stock worth $170,000 after buying an additional 877 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Universal Logistics by 15.6% in the fourth quarter. SG Americas Securities LLC now owns 3,831 shares of the transportation company’s stock worth $176,000 after buying an additional 516 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Universal Logistics in the fourth quarter worth approximately $218,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Universal Logistics in the fourth quarter worth approximately $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.