BidaskClub lowered shares of Universal Logistics (NASDAQ:ULH) from a hold rating to a sell rating in a research note released on Wednesday.

A number of other brokerages also recently weighed in on ULH. Zacks Investment Research downgraded Universal Logistics from a buy rating to a hold rating in a report on Thursday, December 28th. ValuEngine downgraded Universal Logistics from a buy rating to a hold rating in a report on Friday, December 1st. Finally, Citigroup lifted their price target on Universal Logistics from $14.00 to $22.00 and gave the company a neutral rating in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of $23.00.

Universal Logistics (NASDAQ ULH) opened at $22.90 on Wednesday. Universal Logistics has a twelve month low of $11.65 and a twelve month high of $25.65. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $649.70, a price-to-earnings ratio of 37.54 and a beta of 1.56.

Several hedge funds have recently modified their holdings of the company. Teachers Advisors LLC grew its holdings in shares of Universal Logistics by 10.2% during the second quarter. Teachers Advisors LLC now owns 12,660 shares of the transportation company’s stock valued at $190,000 after buying an additional 1,169 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Universal Logistics by 1.7% during the second quarter. Northern Trust Corp now owns 143,751 shares of the transportation company’s stock valued at $2,156,000 after buying an additional 2,427 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Universal Logistics by 81.3% during the third quarter. Wells Fargo & Company MN now owns 7,609 shares of the transportation company’s stock valued at $155,000 after buying an additional 3,413 shares in the last quarter. SG Americas Securities LLC purchased a new position in Universal Logistics in the fourth quarter valued at about $114,000. Finally, Schwab Charles Investment Management Inc. grew its stake in Universal Logistics by 47.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 31,477 shares of the transportation company’s stock valued at $473,000 after purchasing an additional 10,129 shares in the last quarter. Institutional investors and hedge funds own 27.83% of the company’s stock.

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Universal Logistics 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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