Universal Logistics (NASDAQ:ULH) Hits New 1-Year Low – Time to Sell?

Universal Logistics Holdings, Inc. (NASDAQ:ULH) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $29.73 and last traded at $29.73, with a volume of 103094 shares changing hands. The stock had previously closed at $34.53.

Analysts Set New Price Targets

Separately, Stifel Nicolaus upped 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 Stock Down 13.9 %

The firm has a 50-day moving average of $45.42 and a two-hundred day moving average of $44.24. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $782.49 million, a PE ratio of 6.02 and a beta of 0.90.

Universal Logistics (NASDAQ:ULH) last released its 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 net margin of 7.04% and a return on equity of 21.37%. During the same period in the previous year, the firm earned $0.81 EPS. On average, equities research analysts forecast that Universal Logistics Holdings, Inc. will post 4.64 EPS for the current year.

Universal Logistics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd will be paid a $0.105 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.42 annualized dividend and a dividend yield of 1.41%. Universal Logistics’s payout ratio is currently 8.50%.

Hedge Funds Weigh In On Universal Logistics

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ULH. SG Americas Securities LLC bought a new stake in Universal Logistics in the third quarter worth about $143,000. Commonwealth Equity Services LLC acquired a new position in Universal Logistics in the fourth quarter worth approximately $293,000. PDT Partners LLC acquired a new stake in shares of Universal Logistics during the 3rd quarter valued at $301,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Universal Logistics during the 3rd quarter worth $358,000. Finally, Jane Street Group LLC grew its holdings in shares of Universal Logistics by 23.8% in the 3rd quarter. Jane Street Group LLC now owns 9,276 shares of the transportation company’s stock worth $400,000 after acquiring an additional 1,783 shares during the last quarter. 25.50% of the stock is owned by institutional investors.

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.