Universal Logistics (NASDAQ:ULH) Stock Price Down 6.7% - Time to Sell?

Key Points

• Universal Logistics Holdings, Inc. (NASDAQ: ULH) shares fell by 6.7% on Monday, trading as low as $28.22, with trading volume significantly down by 48% from average levels.
• Analysts have recently revised their ratings; while Wall Street Zen upgraded the stock from "sell" to "hold," Stifel Nicolaus lowered its price target from $37.00 to $29.00.
• The company reported a net margin of 3.66% with quarterly revenue falling short of estimates, marking a continued challenge in meeting earnings predictions.

Universal Logistics Holdings, Inc. (NASDAQ:ULH - Get Free Report)'s share price traded down 6.7% on Monday . The company traded as low as $28.22 and last traded at $28.08. 29,262 shares traded hands during trading, a decline of 48% from the average session volume of 56,730 shares. The stock had previously closed at $30.11.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Stifel Nicolaus reduced their target price on shares of Universal Logistics from $37.00 to $29.00 and set a "hold" rating for the company in a research report on Tuesday, April 29th. Wall Street Zen raised shares of Universal Logistics from a "sell" rating to a "hold" rating in a research report on Monday, May 12th.

Universal Logistics Stock Down 4.7%

The company has a market capitalization of $600.46 million, a PE ratio of 9.77 and a beta of 1.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.18 and a current ratio of 1.18. The stock's 50 day moving average is $25.53 and its 200 day moving average is $28.27.

Universal Logistics (NASDAQ:ULH - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The transportation company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.02). The business had revenue of $393.79 million for the quarter, compared to analysts' expectations of $398.50 million. Universal Logistics had a net margin of 3.66% and a return on equity of 9.52%. On average, sell-side analysts anticipate that Universal Logistics Holdings, Inc. will post 2.81 EPS for the current fiscal year.

Universal Logistics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 1st will be paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, August 29th. Universal Logistics's dividend payout ratio is presently 18.03%.

Institutional Trading of Universal Logistics

Institutional investors have recently modified their holdings of the business. FMR LLC lifted its stake in Universal Logistics by 15.2% in the 4th quarter. FMR LLC now owns 2,924,397 shares of the transportation company's stock worth $134,347,000 after purchasing an additional 386,538 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Universal Logistics by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 855,212 shares of the transportation company's stock worth $39,289,000 after purchasing an additional 8,578 shares in the last quarter. American Century Companies Inc. lifted its stake in Universal Logistics by 7.4% in the 1st quarter. American Century Companies Inc. now owns 248,737 shares of the transportation company's stock worth $6,527,000 after purchasing an additional 17,120 shares in the last quarter. Bridgeway Capital Management LLC lifted its stake in Universal Logistics by 1.4% in the 1st quarter. Bridgeway Capital Management LLC now owns 217,277 shares of the transportation company's stock worth $5,701,000 after purchasing an additional 2,956 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in Universal Logistics by 5.0% in the 1st quarter. Empowered Funds LLC now owns 108,268 shares of the transportation company's stock worth $2,841,000 after purchasing an additional 5,136 shares in the last quarter. 25.50% of the stock is currently owned by hedge funds and other institutional investors.

Universal Logistics Company Profile

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.