Universal Logistics (NASDAQ:ULH) Reaches New 1-Year Low - Time to Sell?

Universal Logistics Holdings, Inc. (NASDAQ:ULH - Get Free Report)'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. The stock had previously closed at $34.53.

Analyst Upgrades and Downgrades

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

Universal Logistics Trading Up 6.8 %

The firm has a market capitalization of $801.18 million, a price-to-earnings ratio of 6.16 and a beta of 0.90. The company has a fifty day moving average price of $43.79 and a 200-day moving average price of $43.82. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.75.

Universal Logistics (NASDAQ:ULH - Get Free Report) last released 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 net margin of 7.04% and a return on equity of 21.37%. During the same quarter last year, the business posted $0.81 earnings per share. On average, equities research analysts predict that Universal Logistics Holdings, Inc. will post 4.64 EPS for the current year.

Universal Logistics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders 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 dividend yield of 1.38%. The ex-dividend date is Monday, March 3rd. Universal Logistics's payout ratio is 8.50%.

Institutional Investors Weigh In On Universal Logistics

Hedge funds and other institutional investors have recently made changes to their positions in the business. KLP Kapitalforvaltning AS acquired a new position in Universal Logistics during the 4th quarter valued at $64,000. SG Americas Securities LLC acquired a new position in shares of Universal Logistics during the third quarter valued at about $143,000. Wells Fargo & Company MN raised its position in shares of Universal Logistics by 31.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,708 shares of the transportation company's stock valued at $170,000 after buying an additional 877 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Universal Logistics in the fourth quarter valued at about $218,000. Finally, Commonwealth Equity Services LLC acquired a new stake in Universal Logistics during the fourth quarter worth about $293,000. 25.50% of the stock is 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.