Hub Group, Inc. (NASDAQ:HUBG) Shares Bought by Aristides Capital LLC

Aristides Capital LLC grew its holdings in Hub Group, Inc. (NASDAQ:HUBG) by 33.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,716 shares of the transportation company’s stock after buying an additional 1,668 shares during the period. Aristides Capital LLC’s holdings in Hub Group were worth $299,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. FMR LLC raised its holdings in Hub Group by 17.5% in the 3rd quarter. FMR LLC now owns 54,650 shares of the transportation company’s stock valued at $2,484,000 after acquiring an additional 8,130 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Hub Group by 4.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 114,307 shares of the transportation company’s stock valued at $5,195,000 after purchasing an additional 5,092 shares during the last quarter. Point72 DIFC Ltd lifted its position in Hub Group by 20.3% during the third quarter. Point72 DIFC Ltd now owns 6,358 shares of the transportation company’s stock worth $289,000 after buying an additional 1,075 shares in the last quarter. State Street Corp boosted its stake in Hub Group by 0.8% during the third quarter. State Street Corp now owns 2,489,503 shares of the transportation company’s stock worth $113,148,000 after buying an additional 20,215 shares during the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in Hub Group in the 3rd quarter valued at $214,000. 46.77% of the stock is owned by hedge funds and other institutional investors.

Hub Group Trading Down 1.6 %

NASDAQ:HUBG opened at $33.38 on Monday. Hub Group, Inc. has a 12-month low of $31.63 and a 12-month high of $53.21. The firm has a market cap of $2.05 billion, a PE ratio of 19.64 and a beta of 1.04. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.10. The stock has a fifty day moving average price of $40.29 and a 200 day moving average price of $44.13.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.48 EPS for the quarter, hitting analysts’ consensus estimates of $0.48. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. Sell-side analysts anticipate that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were issued a $0.125 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.50%. Hub Group’s payout ratio is 29.41%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Hub Group in a report on Friday, March 7th. They set a “hold” rating and a $41.00 price target on the stock. Barclays decreased their target price on shares of Hub Group from $50.00 to $45.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 2nd. Susquehanna reduced their price target on shares of Hub Group from $55.00 to $48.00 and set a “positive” rating on the stock in a research report on Wednesday, March 26th. Stifel Nicolaus upped their price objective on Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Finally, Benchmark increased their target price on shares of Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Hub Group presently has a consensus rating of “Hold” and an average target price of $46.73.

Hub Group Company Profile

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.