Universal Logistics (NASDAQ:ULH) Trading Down 5.7% – Time to Sell?

Universal Logistics Holdings, Inc. (NASDAQ:ULH) traded down 5.7% during mid-day trading on Monday . The stock traded as low as $32.83 and last traded at $32.56. 24,156 shares traded hands during trading, a decline of 43% from the average session volume of 42,740 shares. The stock had previously closed at $34.53.

Analyst Ratings Changes

Separately, Stifel Nicolaus lifted their price target on shares of 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 0.9 %

The business has a fifty day moving average price of $44.56 and a 200 day moving average price of $44.04. 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 firm has a market capitalization of $754.33 million, a price-to-earnings ratio of 5.80 and a beta of 0.90.

Universal Logistics (NASDAQ:ULH) last released its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.77 EPS for the quarter, missing the consensus estimate 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 last year, the business earned $0.81 EPS. As a group, equities analysts forecast that Universal Logistics Holdings, Inc. will post 4.64 earnings per share for the current year.

Universal Logistics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.105 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.42 annualized dividend and a yield of 1.47%. Universal Logistics’s payout ratio is 8.50%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in Universal Logistics by 126.3% during the third quarter. JPMorgan Chase & Co. now owns 17,854 shares of the transportation company’s stock valued at $770,000 after buying an additional 9,966 shares in the last quarter. FMR LLC boosted its holdings in Universal Logistics by 4.1% in the third quarter. FMR LLC now owns 2,537,859 shares of the transportation company’s stock worth $109,407,000 after purchasing an additional 100,563 shares in the last quarter. Barclays PLC grew its holdings in Universal Logistics by 339.7% during the third quarter. Barclays PLC now owns 10,952 shares of the transportation company’s stock valued at $473,000 after purchasing an additional 8,461 shares during the last quarter. State Street Corp boosted its holdings in Universal Logistics by 0.6% during the third quarter. State Street Corp now owns 147,251 shares of the transportation company’s stock valued at $6,363,000 after acquiring an additional 911 shares during the period. Finally, Victory Capital Management Inc. boosted its position in shares of Universal Logistics by 1.7% in the third quarter. Victory Capital Management Inc. now owns 37,564 shares of the transportation company’s stock valued at $1,619,000 after acquiring an additional 643 shares during the period. Institutional investors own 25.50% of the company’s stock.

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.