Universal Logistics Holdings Inc (NASDAQ:ULH) has been assigned a consensus rating of “Hold” from the six analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $32.25.

A number of research analysts have issued reports on the stock. BidaskClub upgraded shares of Universal Logistics from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 10th. ValuEngine downgraded shares of Universal Logistics from a “sell” rating to a “strong sell” rating in a research report on Friday, March 22nd. Finally, Citigroup cut their target price on shares of Universal Logistics to $22.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 15th.

NASDAQ ULH traded up $0.55 on Wednesday, hitting $21.25. 22,391 shares of the company were exchanged, compared to its average volume of 51,110. The company has a market cap of $589.74 million, a price-to-earnings ratio of 10.22 and a beta of 1.90. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.67. Universal Logistics has a 1-year low of $17.40 and a 1-year high of $37.67.

Universal Logistics (NASDAQ:ULH) last issued its quarterly earnings results on Thursday, February 21st. The transportation company reported $0.55 earnings per share (EPS) for the quarter. The business had revenue of $386.38 million for the quarter. Universal Logistics had a net margin of 3.57% and a return on equity of 29.87%.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Monday, March 4th were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.42 dividend on an annualized basis and a yield of 1.98%. Universal Logistics’s payout ratio is presently 20.19%.

Institutional investors have recently added to or reduced their stakes in the business. Boston Partners raised its position in shares of Universal Logistics by 416.5% in the 4th quarter. Boston Partners now owns 263,400 shares of the transportation company’s stock valued at $4,765,000 after acquiring an additional 212,400 shares during the period. Morgan Stanley raised its position in shares of Universal Logistics by 404.8% in the 3rd quarter. Morgan Stanley now owns 204,964 shares of the transportation company’s stock valued at $7,543,000 after acquiring an additional 164,361 shares during the period. BlackRock Inc. raised its position in shares of Universal Logistics by 14.6% in the 3rd quarter. BlackRock Inc. now owns 1,168,350 shares of the transportation company’s stock valued at $42,995,000 after acquiring an additional 148,462 shares during the period. Federated Investors Inc. PA raised its position in shares of Universal Logistics by 58,096.5% in the 3rd quarter. Federated Investors Inc. PA now owns 133,852 shares of the transportation company’s stock valued at $4,926,000 after acquiring an additional 133,622 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of Universal Logistics by 48.4% in the 3rd quarter. Renaissance Technologies LLC now owns 346,480 shares of the transportation company’s stock valued at $12,750,000 after acquiring an additional 112,930 shares during the period. Institutional investors own 28.43% 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. 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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