Universal Logistics (NASDAQ:ULH) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a report released on Friday, BidAskClub reports.

A number of other research firms have also recently commented on ULH. ValuEngine upgraded Universal Logistics from a “sell” rating to a “hold” rating in a research note on Tuesday, April 30th. Loop Capital upgraded Universal Logistics from a “hold” rating to a “buy” rating in a research note on Tuesday, April 30th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $32.25.

Shares of ULH traded down $0.79 on Friday, reaching $20.05. The stock had a trading volume of 98,917 shares, compared to its average volume of 51,518. The stock has a market cap of $578.22 million, a PE ratio of 9.64 and a beta of 1.98. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.70. Universal Logistics has a 12-month low of $17.40 and a 12-month high of $37.67.

Universal Logistics (NASDAQ:ULH) last released its earnings results on Thursday, April 25th. The transportation company reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.05. The company had revenue of $377.41 million during the quarter. Universal Logistics had a return on equity of 31.70% and a net margin of 3.93%. Equities analysts anticipate that Universal Logistics will post 2.12 EPS for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in ULH. Boston Partners lifted its stake in shares of Universal Logistics by 416.5% in the 4th quarter. Boston Partners now owns 263,400 shares of the transportation company’s stock valued at $4,765,000 after purchasing an additional 212,400 shares during the period. Morgan Stanley increased its position in Universal Logistics by 404.8% during the 3rd quarter. Morgan Stanley now owns 204,964 shares of the transportation company’s stock valued at $7,543,000 after buying an additional 164,361 shares in the last quarter. LSV Asset Management increased its position in Universal Logistics by 153.3% during the 1st quarter. LSV Asset Management now owns 237,042 shares of the transportation company’s stock valued at $4,664,000 after buying an additional 143,460 shares in the last quarter. Federated Investors Inc. PA increased its position in Universal Logistics by 58,096.5% during the 3rd quarter. Federated Investors Inc. PA now owns 133,852 shares of the transportation company’s stock valued at $4,926,000 after buying an additional 133,622 shares in the last quarter. Finally, TIAA CREF Investment Management LLC increased its position in Universal Logistics by 252.1% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 97,895 shares of the transportation company’s stock valued at $3,603,000 after buying an additional 70,088 shares in the last quarter. Institutional investors own 28.95% of the company’s stock.

About Universal Logistics

Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers transportation services including dry van, flatbed, heavy haul, and refrigerated services; domestic and international freight forwarding and customs brokerage services; and final mile and ground expedite services.

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