Universal Logistics Holdings Inc (NASDAQ:ULH) CEO Jeff Rogers acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, March 9th. The shares were bought at an average price of $21.70 per share, for a total transaction of $21,700.00. Following the completion of the acquisition, the chief executive officer now owns 48,500 shares of the company’s stock, valued at $1,052,450. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of Universal Logistics Holdings Inc (NASDAQ ULH) traded up $0.15 during trading hours on Monday, hitting $21.95. 15,361 shares of the company were exchanged, compared to its average volume of 30,976. Universal Logistics Holdings Inc has a fifty-two week low of $11.65 and a fifty-two week 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 $618.49, a price-to-earnings ratio of 22.17 and a beta of 1.54.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Monday, March 5th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, March 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.28%. Universal Logistics’s payout ratio is 28.28%.
A number of brokerages recently commented on ULH. BidaskClub lowered shares of Universal Logistics from a “sell” rating to a “strong sell” rating in a report on Wednesday, March 7th. TheStreet upgraded shares of Universal Logistics from a “c” rating to a “b-” rating in a report on Friday, February 23rd. Zacks Investment Research lowered shares of Universal Logistics from a “buy” rating to a “hold” rating in a report on Thursday, December 28th. Finally, ValuEngine lowered shares of Universal Logistics from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Universal Logistics has an average rating of “Hold” and a consensus target price of $23.00.
COPYRIGHT VIOLATION NOTICE: “Universal Logistics Holdings Inc (ULH) CEO Purchases $21,700.00 in Stock” was reported by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was illegally copied and republished in violation of US & international copyright & trademark laws. The legal version of this story can be accessed at https://www.americanbankingnews.com/2018/03/12/universal-logistics-holdings-inc-ulh-ceo-purchases-21700-00-in-stock.html.
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.
Receive News & Ratings for Universal Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Logistics and related companies with MarketBeat.com's FREE daily email newsletter.