Universal Logistics (NASDAQ:ULH) Sets New 52-Week Low - Time to Sell?

Universal Logistics Holdings, Inc. (NASDAQ:ULH - Get Free Report) shares reached a new 52-week low on Thursday . The company traded as low as $24.49 and last traded at $24.55, with a volume of 5389 shares traded. The stock had previously closed at $27.17.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus raised their price target 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 Trading Down 3.6 %

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 business has a fifty day simple moving average of $30.15 and a 200 day simple moving average of $40.30. The stock has a market cap of $622.40 million, a price-to-earnings ratio of 4.79 and a beta of 0.92.

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 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 company posted $0.81 earnings per share. As a group, equities analysts anticipate that Universal Logistics Holdings, Inc. will post 2.81 EPS for the current year.

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Universal Logistics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd were paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend was Monday, March 3rd. Universal Logistics's dividend payout ratio is presently 8.50%.

Hedge Funds Weigh In On Universal Logistics

Several large investors have recently added to or reduced their stakes in ULH. KLP Kapitalforvaltning AS acquired a new stake in shares of Universal Logistics in the fourth quarter worth $64,000. Wells Fargo & Company MN raised its stake in Universal Logistics by 31.0% during the 4th 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 in the last quarter. SG Americas Securities LLC lifted its stake in shares of Universal Logistics by 15.6% in the 4th 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 during the period. GAMMA Investing LLC increased its stake in shares of Universal Logistics by 15,197.9% during the first quarter. GAMMA Investing LLC now owns 7,190 shares of the transportation company's stock valued at $189,000 after acquiring an additional 7,143 shares during the period. Finally, XTX Topco Ltd acquired a new stake in Universal Logistics in the 4th quarter valued at about $218,000. 25.50% of the stock is currently owned by hedge funds and other institutional investors.

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.