BidaskClub upgraded shares of Universal Logistics Holdings Inc (NYSE:ULH) from a buy rating to a strong-buy rating in a research note released on Tuesday.

ULH has been the subject of a number of other research reports. Zacks Investment Research lowered shares of Universal Logistics Holdings from a strong-buy rating to a hold rating in a research note on Thursday, June 29th. Stifel Nicolaus raised shares of Universal Logistics Holdings from a hold rating to a buy rating and set a $17.00 price objective for the company in a research note on Monday, July 31st.

Universal Logistics Holdings (NYSE:ULH) opened at 18.40 on Tuesday. The firm has a market capitalization of $523.33 million and a P/E ratio of 35.38. The firm has a 50-day moving average price of $15.59 and a 200 day moving average price of $14.36. Universal Logistics Holdings has a one year low of $11.09 and a one year high of $18.45.

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 analysts’ consensus estimates of $0.09 by $0.01. Universal Logistics Holdings had a net margin of 0.90% and a return on equity of 7.26%. The firm had revenue of $305.20 million during the quarter, compared to analyst estimates of $302.10 million. Equities research analysts anticipate that Universal Logistics Holdings will post $0.70 earnings per share for the current year.

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The business also recently announced a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Monday, August 7th were given a $0.07 dividend. The ex-dividend date of this dividend was Thursday, August 3rd. This represents a $0.28 dividend on an annualized basis and a yield of 1.52%.

A number of hedge funds have recently added to or reduced their stakes in ULH. Bank of New York Mellon Corp lifted its position in Universal Logistics Holdings by 2.4% in the 1st quarter. Bank of New York Mellon Corp now owns 106,818 shares of the transportation company’s stock worth $1,533,000 after buying an additional 2,495 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Universal Logistics Holdings in the 1st quarter worth approximately $134,000. Deprince Race & Zollo Inc. purchased a new stake in Universal Logistics Holdings in the 1st quarter worth approximately $1,277,000. FMR LLC lifted its position in Universal Logistics Holdings by 3.1% in the 1st quarter. FMR LLC now owns 2,112,726 shares of the transportation company’s stock worth $30,318,000 after buying an additional 63,307 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Universal Logistics Holdings by 4.2% in the 1st quarter. Geode Capital Management LLC now owns 77,352 shares of the transportation company’s stock worth $1,110,000 after buying an additional 3,138 shares in the last quarter.

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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