Universal Logistics Holdings Inc (NYSE:ULH) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation. Universal Logistics Holdings’ rating score has improved by 50% in the last 90 days as a result of a number of analysts’ upgrades and downgrades.

Brokers have set a 1 year consensus target price of $17.00 for the company and are expecting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also assigned Universal Logistics Holdings an industry rank of 119 out of 265 based on the ratings given to related companies.

A number of analysts have recently commented on ULH shares. Zacks Investment Research raised shares of Universal Logistics Holdings from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 4th. Stifel Nicolaus raised shares of Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Monday, July 31st.

Universal Logistics Holdings (NYSE:ULH) traded up 3.52% on Friday, hitting $14.70. 10,748 shares of the company’s stock traded hands. The stock has a market cap of $418.11 million and a PE ratio of 28.27. Universal Logistics Holdings has a one year low of $11.09 and a one year high of $17.70. The stock has a 50-day moving average of $14.76 and a 200-day moving average of $14.01.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, August 7th will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, August 3rd. This represents a $0.28 annualized dividend and a yield of 1.90%.

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Hedge funds have recently made changes to their positions in the stock. State Street Corp boosted its stake in shares of Universal Logistics Holdings by 2.0% in the fourth quarter. State Street Corp now owns 114,921 shares of the transportation company’s stock valued at $1,882,000 after buying an additional 2,225 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Universal Logistics Holdings by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 394,809 shares of the transportation company’s stock valued at $6,455,000 after buying an additional 5,587 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Universal Logistics Holdings by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 106,818 shares of the transportation company’s stock valued at $1,533,000 after buying an additional 2,495 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Universal Logistics Holdings during the first quarter valued at about $134,000. Finally, Deprince Race & Zollo Inc. acquired a new stake in shares of Universal Logistics Holdings during the first quarter valued at about $1,277,000.

About Universal Logistics Holdings

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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