Shares of Universal Logistics Holdings Inc (NASDAQ:ULH) have been assigned a consensus rating of “Hold” from the six research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $32.67.
A number of equities research analysts have issued reports on the company. BidaskClub cut Universal Logistics from a “sell” rating to a “strong sell” rating in a research report on Saturday, February 2nd. ValuEngine cut Universal Logistics from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. Finally, Loop Capital raised Universal Logistics from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th.
Shares of Universal Logistics stock opened at $21.58 on Thursday. The company has a market cap of $635.90 million, a price-to-earnings ratio of 10.38 and a beta of 1.98. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 1.04. Universal Logistics has a 12-month low of $17.40 and a 12-month high of $37.67.
Universal Logistics (NASDAQ:ULH) last announced its earnings results on Thursday, April 25th. The transportation company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.05. The firm had revenue of $377.41 million during the quarter. Universal Logistics had a return on equity of 31.70% and a net margin of 3.93%. As a group, equities analysts predict that Universal Logistics will post 2.12 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, May 16th. Shareholders of record on Monday, May 6th were given a dividend of $0.105 per share. The ex-dividend date was Friday, May 3rd. This represents a $0.42 dividend on an annualized basis and a yield of 1.95%. Universal Logistics’s payout ratio is currently 20.19%.
Several hedge funds have recently modified their holdings of ULH. Boston Partners lifted its holdings in shares of Universal Logistics by 416.5% during the fourth quarter. Boston Partners now owns 263,400 shares of the transportation company’s stock worth $4,765,000 after buying an additional 212,400 shares during the last quarter. Morgan Stanley raised its stake in shares of Universal Logistics by 404.8% in the third quarter. Morgan Stanley now owns 204,964 shares of the transportation company’s stock valued at $7,543,000 after purchasing an additional 164,361 shares in the last quarter. LSV Asset Management raised its stake in shares of Universal Logistics by 153.3% in the first quarter. LSV Asset Management now owns 237,042 shares of the transportation company’s stock valued at $4,664,000 after purchasing an additional 143,460 shares in the last quarter. Federated Investors Inc. PA raised its stake in shares of Universal Logistics by 58,096.5% in the third quarter. Federated Investors Inc. PA now owns 133,852 shares of the transportation company’s stock valued at $4,926,000 after purchasing an additional 133,622 shares in the last quarter. Finally, TIAA CREF Investment Management LLC raised its stake in shares of Universal Logistics by 252.1% in the third quarter. TIAA CREF Investment Management LLC now owns 97,895 shares of the transportation company’s stock valued at $3,603,000 after purchasing an additional 70,088 shares in the last quarter. Institutional investors own 28.95% 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. It offers transportation services including dry van, flatbed, heavy haul, and refrigerated services; domestic and international freight forwarding and customs brokerage services; and final mile and ground expedite services.
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