Universal Logistics (NASDAQ:ULH) announced its quarterly earnings data on Thursday. The transportation company reported $0.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.05, MarketWatch Earnings reports. Universal Logistics had a return on equity of 29.87% and a net margin of 3.57%. The business had revenue of $377.41 million for the quarter.
Universal Logistics stock traded up $0.73 during mid-day trading on Friday, reaching $22.79. 57,768 shares of the company were exchanged, compared to its average volume of 49,430. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.67. The firm has a market cap of $626.06 million, a P/E ratio of 10.96 and a beta of 1.90. Universal Logistics has a 12-month low of $17.40 and a 12-month high of $37.67.
The business also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Monday, May 6th will be issued a dividend of $0.105 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $0.42 dividend on an annualized basis and a yield of 1.84%. Universal Logistics’s dividend payout ratio is currently 20.19%.
An institutional investor recently raised its position in Universal Logistics stock. Geode Capital Management LLC grew its holdings in shares of Universal Logistics Holdings Inc (NASDAQ:ULH) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 124,882 shares of the transportation company’s stock after purchasing an additional 4,751 shares during the period. Geode Capital Management LLC owned approximately 0.44% of Universal Logistics worth $2,258,000 at the end of the most recent quarter. Institutional investors and hedge funds own 28.42% of the company’s stock.
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Universal Logistics Company Profile
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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