Universal Logistics Holdings Inc (NYSE:ULH) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday.

According to Zacks, “Universal Truckload is a primarily non-asset based provider of transportation services to shippers throughout the United States and in the Canadian provinces of Ontario and Quebec. Their over-the-road trucking services include both flatbed and dry van operations and they provide rail-truck and steamship-truck intermodal support services. They also offer truck brokerage services, which allow them to supplement their capacity and provide their customers with transportation of freight not handled by their owner-operators. “

Separately, Stifel Nicolaus raised Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research note on Monday, July 31st.

Universal Logistics Holdings (NYSE ULH) traded up 0.65% during trading on Tuesday, hitting $15.60. 13,394 shares of the company traded hands. The stock has a 50 day moving average price of $14.58 and a 200 day moving average price of $14.01. Universal Logistics Holdings has a 12-month low of $11.09 and a 12-month high of $17.70. The company has a market capitalization of $443.70 million and a P/E ratio of 30.00.

Universal Logistics Holdings (NYSE:ULH) last posted its quarterly earnings data on Thursday, July 27th. The transportation company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. Universal Logistics Holdings had a return on equity of 7.26% and a net margin of 0.90%. The firm had revenue of $305.20 million for the quarter, compared to the consensus estimate of $302.10 million. On average, equities analysts anticipate that Universal Logistics Holdings will post $0.70 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of ULH. SG Americas Securities LLC bought a new position in Universal Logistics Holdings during the first quarter valued at approximately $134,000. Teachers Advisors LLC increased its position in Universal Logistics Holdings by 10.2% in the second quarter. Teachers Advisors LLC now owns 12,660 shares of the transportation company’s stock valued at $190,000 after buying an additional 1,169 shares during the period. Goldman Sachs Group Inc. bought a new position in Universal Logistics Holdings during the first quarter valued at approximately $225,000. Schwab Charles Investment Management Inc. increased its position in Universal Logistics Holdings by 47.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 31,477 shares of the transportation company’s stock valued at $473,000 after buying an additional 10,129 shares during the period. Finally, Zacks Investment Management bought a new position in Universal Logistics Holdings during the second quarter valued at approximately $979,000.

Universal Logistics Holdings Company Profile

Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of customized transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment.

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