Shares of Universal Logistics Holdings Inc (NASDAQ:ULH) have received a consensus rating of “Hold” from the six ratings firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $32.25.

Several research firms have issued reports on ULH. BidaskClub lowered Universal Logistics from a “hold” rating to a “sell” rating in a report on Wednesday, March 6th. ValuEngine lowered Universal Logistics from a “hold” rating to a “sell” rating in a report on Friday, March 1st. Finally, Citigroup cut their price target on Universal Logistics to $22.00 and set a “neutral” rating for the company in a report on Tuesday, January 15th.

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. lifted its position in shares of Universal Logistics by 14.6% in the third quarter. BlackRock Inc. now owns 1,168,350 shares of the transportation company’s stock worth $42,995,000 after buying an additional 148,462 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Universal Logistics by 8.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 609,609 shares of the transportation company’s stock worth $11,028,000 after acquiring an additional 46,685 shares during the last quarter. Vanguard Group Inc. increased its stake in Universal Logistics by 4.2% during the third quarter. Vanguard Group Inc. now owns 356,564 shares of the transportation company’s stock worth $13,121,000 after acquiring an additional 14,525 shares during the last quarter. Vanguard Group Inc increased its stake in Universal Logistics by 4.2% during the third quarter. Vanguard Group Inc now owns 356,564 shares of the transportation company’s stock worth $13,121,000 after acquiring an additional 14,525 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in Universal Logistics by 48.4% during the third quarter. Renaissance Technologies LLC now owns 346,480 shares of the transportation company’s stock worth $12,750,000 after acquiring an additional 112,930 shares during the last quarter. Institutional investors and hedge funds own 28.44% of the company’s stock.

NASDAQ:ULH traded down $0.05 during mid-day trading on Friday, hitting $21.21. 22,565 shares of the company traded hands, compared to its average volume of 48,747. Universal Logistics has a one year low of $17.40 and a one year high of $37.67. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market capitalization of $592.96 million, a PE ratio of 10.24 and a beta of 1.92.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Monday, March 4th will be given a $0.105 dividend. The ex-dividend date of this dividend is Friday, March 1st. This represents a $0.42 annualized dividend and a dividend yield of 1.98%. Universal Logistics’s payout ratio is 20.19%.

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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