Universal Logistics (NASDAQ:ULH – Get Rating) released its quarterly results on Thursday. The transportation company reported earnings per share (EPS) of $1.56 for the quarter, beating consensus analyst estimates of $0.66 from $0.90, MarketWatch Earnings reports. Universal Logistics had a return on equity of 30.65% and a net margin of 4.21%. During the same period last year, the company posted EPS of $0.77.
Shares of NASDAQ ULH opened at $23.51 on Friday. The company has a debt ratio of 1.21, a quick ratio of 1.35 and a current ratio of 1.35. Universal Logistics has a fifty-two week minimum of $15.86 and a fifty-two week maximum of $27.04. The company has a market capitalization of $630.07 million, a PE ratio of 6.74 and a beta of 1.34. The stock’s 50-day simple moving average is $20.00 and its 200-day simple moving average is $19.27.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 5. Shareholders of record on Monday, June 6 will receive a dividend of $0.105 per share. This represents an annualized dividend of $0.42 and a dividend yield of 1.79%. The ex-dividend date is Friday, June 3. Universal Logistics’ dividend payout ratio (DPR) is currently 12.03%.
In other Universal Logistics news, Director Richard P. Urban purchased 5,000 shares of the company in a trade dated Friday, March 11. The shares were acquired at an average price of $20.49 per share, with a total value of $102,450.00. The acquisition was disclosed in a document filed with the SEC, accessible via this link. 72.00% of the shares are currently held by insiders of the company.
Several hedge funds and other institutional investors have recently changed their holdings in ULH. Bank of New York Mellon Corp increased its stake in Universal Logistics by 0.4% in the third quarter. Bank of New York Mellon Corp now owns 189,856 shares of the transportation company worth $3,812,000 after buying 781 additional shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in Universal Logistics by 59.4% in the 4th quarter. BNP Paribas Arbitrage SA now owns 2,800 shares of the transport company worth $53,000 after buying 1,043 additional shares in the last quarter. UBS Group AG bought a new position in Universal Logistics during Q3 for a value of approximately $29,000. Invesco Ltd. increased its stake in Universal Logistics by 7.7% during the third quarter. Invesco Ltd. now owns 21,868 shares of the transportation company worth $439,000 after purchasing an additional 1,565 shares in the last quarter. Finally, DE Shaw & Co. Inc. increased its stake in Universal Logistics by 5.5% during the 4th quarter. DE Shaw & Co. Inc. now owns 30,654 shares of the transportation company worth $578,000 after buying 1,586 additional shares in the last quarter. 23.84% of the shares are currently held by institutional investors and hedge funds.
A number of equity research analysts have published reports on the company. TheStreet raised Universal Logistics from a ‘c+’ to a ‘b-‘ rating in a Monday, March 21 research report. StockNews.com downgraded Universal Logistics from a “Strong Buy” rating to a “Buy” rating in a Monday, May 2 research report.
About Universal Logistics (Get a rating)
Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada and Colombia. It offers truckload services, which include dry, flatbed, heavy-haul and refrigerated pickup operations; domestic and international freight forwarding services and customs brokerage services; and last-mile and ground acceleration services.
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