Hub Group, Inc. (NASDAQ:HUBG) Given Average Rating of “Hold” by Analysts

Hub Group, Inc. (NASDAQ:HUBG) has been assigned an average recommendation of “Hold” from the ten research firms that are presently covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $48.50.

HUBG has been the subject of a number of recent analyst reports. Susquehanna upgraded Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 target price for the company in a report on Friday, January 3rd. Benchmark upped their price objective on shares of Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Stifel Nicolaus lifted their target price on shares of Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Finally, Barclays reduced their price target on shares of Hub Group from $52.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Monday, February 10th.

Institutional Trading of Hub Group

Hedge funds have recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. increased its position in Hub Group by 48.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company’s stock valued at $42,000 after buying an additional 310 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Hub Group by 286.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company’s stock worth $68,000 after acquiring an additional 1,142 shares during the last quarter. Sterling Capital Management LLC increased its holdings in shares of Hub Group by 803.3% during the fourth quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company’s stock valued at $84,000 after acquiring an additional 1,679 shares in the last quarter. Blue Trust Inc. raised its position in shares of Hub Group by 24.8% in the 4th quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company’s stock worth $103,000 after purchasing an additional 450 shares during the last quarter. Finally, KBC Group NV boosted its stake in Hub Group by 35.3% in the 4th quarter. KBC Group NV now owns 2,568 shares of the transportation company’s stock worth $114,000 after purchasing an additional 670 shares in the last quarter. 46.77% of the stock is owned by institutional investors.

Hub Group Price Performance

Shares of Hub Group stock opened at $38.97 on Friday. The firm has a market cap of $2.39 billion, a PE ratio of 22.92 and a beta of 0.94. The company’s fifty day simple moving average is $43.62 and its two-hundred day simple moving average is $45.30. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 0.10. Hub Group has a 12-month low of $38.07 and a 12-month high of $53.21.

Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. As a group, equities analysts expect that Hub Group will post 2.2 EPS for the current year.

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend was Friday, December 6th. Hub Group’s dividend payout ratio is 29.41%.

About Hub Group

Hub Group, Inc, a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.