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

Universal Logistics Holdings, Inc. (NASDAQ:ULH)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $24.49 and last traded at $24.55, with a volume of 5389 shares trading hands. The stock had previously closed at $27.17.

Wall Street Analyst Weigh In

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

Universal Logistics Stock Up 2.8 %

The firm’s 50-day simple moving average is $30.59 and its 200 day simple moving average is $40.48. 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 $650.29 million, a P/E ratio of 5.00 and a beta of 0.92.

Universal Logistics (NASDAQ:ULH) last released its quarterly earnings data 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 in the prior year, the company posted $0.81 earnings per share. On average, research analysts forecast that Universal Logistics Holdings, Inc. will post 2.81 earnings per share for the current fiscal year.

Universal Logistics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 3rd were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date was Monday, March 3rd. Universal Logistics’s dividend payout ratio is currently 8.50%.

Institutional Investors Weigh In On Universal Logistics

Several hedge funds have recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new stake in shares of Universal Logistics in the 4th quarter valued at $64,000. Wells Fargo & Company MN grew its stake in Universal Logistics by 31.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,708 shares of the transportation company’s stock valued at $170,000 after acquiring an additional 877 shares during the period. SG Americas Securities LLC increased its holdings 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 acquiring an additional 516 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Universal Logistics during the fourth quarter worth about $218,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Universal Logistics during the 4th quarter valued at about $293,000. 25.50% of the stock is currently owned by institutional investors and hedge funds.

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.