Universal Logistics (NASDAQ:ULH) Hits New 12-Month Low - What's Next?

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

Analysts Set New Price Targets

Separately, Stifel Nicolaus raised their price objective 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 Price Performance

The company has a market cap of $736.11 million, a P/E ratio of 5.66 and a beta of 0.96. The firm's 50-day moving average is $37.92 and its two-hundred day moving average is $42.59. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.36 and a quick ratio of 1.36.

Universal Logistics (NASDAQ:ULH - Get Free Report) last announced its earnings results 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 in the previous year, the firm earned $0.81 EPS. Analysts anticipate that Universal Logistics Holdings, Inc. will post 2.81 earnings per share for the current year.

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Universal Logistics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 3rd will be given 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 1.50%. Universal Logistics's dividend payout ratio is presently 8.50%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. FMR LLC boosted its stake in shares of Universal Logistics by 15.2% during the 4th quarter. FMR LLC now owns 2,924,397 shares of the transportation company's stock worth $134,347,000 after purchasing an additional 386,538 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Universal Logistics by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 855,212 shares of the transportation company's stock valued at $39,289,000 after buying an additional 8,578 shares during the period. American Century Companies Inc. grew its stake in shares of Universal Logistics by 10.2% during the fourth quarter. American Century Companies Inc. now owns 231,617 shares of the transportation company's stock valued at $10,640,000 after buying an additional 21,516 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of Universal Logistics by 0.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 214,321 shares of the transportation company's stock worth $9,846,000 after buying an additional 977 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Universal Logistics by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 183,374 shares of the transportation company's stock valued at $7,907,000 after acquiring an additional 4,130 shares during the period. 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.