Universal Logistics (NASDAQ:ULH) Sets New 12-Month Low - Time to Sell?

Universal Logistics Holdings, Inc. (NASDAQ:ULH - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $27.05 and last traded at $27.46, with a volume of 51656 shares traded. The stock had previously closed at $27.53.

Wall Street Analyst Weigh In

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

Universal Logistics Stock Performance

The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $715.85 million, a P/E ratio of 5.51 and a beta of 0.90. The stock has a fifty day moving average of $39.57 and a 200-day moving average of $42.94.

Universal Logistics (NASDAQ:ULH - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company earned $0.81 EPS. On average, research 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 business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd will be paid 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 1.54%. Universal Logistics's dividend payout ratio is 8.50%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Universal Logistics in the fourth quarter valued at approximately $1,734,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Universal Logistics by 17.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,779 shares of the transportation company's stock valued at $633,000 after purchasing an additional 2,011 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in Universal Logistics by 0.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 214,321 shares of the transportation company's stock valued at $9,846,000 after purchasing an additional 977 shares in the last quarter. Bank of America Corp DE grew its stake in Universal Logistics by 6.1% in the fourth quarter. Bank of America Corp DE now owns 13,090 shares of the transportation company's stock valued at $601,000 after purchasing an additional 747 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Universal Logistics by 5.5% in the fourth quarter. Northern Trust Corp now owns 89,299 shares of the transportation company's stock valued at $4,102,000 after purchasing an additional 4,647 shares in the last quarter. 25.50% of the stock is currently owned by institutional investors.

About Universal Logistics

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.