Universal Logistics (NASDAQ:ULH) Hits New 12-Month Low – Should You Sell?

Universal Logistics Holdings, Inc. (NASDAQ:ULH)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $29.73 and last traded at $29.73, with a volume of 103094 shares changing hands. The stock had previously closed at $34.53.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus boosted their target price on 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 Stock Down 0.9 %

The company has a 50-day simple moving average of $44.56 and a 200 day simple moving average of $44.04. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.75. The company has a market cap of $754.33 million, a P/E ratio of 5.80 and a beta of 0.90.

Universal Logistics (NASDAQ:ULH) last announced its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.77 earnings per share (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 period in the prior year, the firm posted $0.81 earnings per share. On average, equities analysts anticipate that Universal Logistics Holdings, Inc. will post 4.64 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 $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Monday, March 3rd. Universal Logistics’s dividend payout ratio (DPR) is presently 8.50%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers boosted its stake in shares of Universal Logistics by 4.8% during the fourth quarter. Rhumbline Advisers now owns 10,353 shares of the transportation company’s stock valued at $476,000 after purchasing an additional 470 shares in the last quarter. SG Americas Securities LLC lifted its position in Universal Logistics by 15.6% during the fourth quarter. SG Americas Securities LLC now owns 3,831 shares of the transportation company’s stock valued at $176,000 after acquiring an additional 516 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Universal Logistics by 1.7% in the 3rd quarter. Victory Capital Management Inc. now owns 37,564 shares of the transportation company’s stock worth $1,619,000 after purchasing an additional 643 shares in the last quarter. Wells Fargo & Company MN boosted its holdings 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 worth $170,000 after acquiring an additional 877 shares in the last quarter. Finally, State Street Corp boosted its stake in Universal Logistics by 0.6% in the 3rd quarter. State Street Corp now owns 147,251 shares of the transportation company’s stock worth $6,363,000 after purchasing an additional 911 shares in the last quarter. Hedge funds and other 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.