Shares of Universal Logistics Holdings Inc (NASDAQ:ULH) have earned a consensus recommendation of “Hold” from the six research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $23.00.
Several equities analysts have commented on ULH shares. Zacks Investment Research downgraded Universal Logistics from a “buy” rating to a “hold” rating in a research report on Thursday, December 28th. BidaskClub downgraded Universal Logistics from a “sell” rating to a “strong sell” rating in a research report on Wednesday, March 7th. Finally, TheStreet upgraded Universal Logistics from a “c” rating to a “b-” rating in a research report on Friday, February 23rd.
Several institutional investors and hedge funds have recently modified their holdings of ULH. Millennium Management LLC bought a new position in shares of Universal Logistics during the fourth quarter worth about $1,573,000. Russell Investments Group Ltd. bought a new position in shares of Universal Logistics during the third quarter worth about $1,293,000. Martingale Asset Management L P bought a new position in shares of Universal Logistics during the fourth quarter worth about $1,136,000. Boston Partners raised its position in shares of Universal Logistics by 42.4% during the fourth quarter. Boston Partners now owns 122,755 shares of the transportation company’s stock worth $2,915,000 after acquiring an additional 36,542 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Universal Logistics by 110.2% during the fourth quarter. Renaissance Technologies LLC now owns 67,700 shares of the transportation company’s stock worth $1,608,000 after acquiring an additional 35,500 shares during the last quarter. Institutional investors own 27.27% of the company’s stock.
Universal Logistics stock opened at $21.85 on Wednesday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $619.01, a price-to-earnings ratio of 29.86 and a beta of 1.40. Universal Logistics has a 12 month low of $12.20 and a 12 month high of $25.65.
Universal Logistics (NASDAQ:ULH) last posted its earnings results on Thursday, February 22nd. The transportation company reported $0.22 EPS for the quarter. The firm had revenue of $314.02 million during the quarter. Universal Logistics had a return on equity of 13.51% and a net margin of 2.31%.
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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