Capital Fund Management S.A. Acquires Shares of 10,649 Hub Group, Inc. (NASDAQ:HUBG)

Capital Fund Management S.A. bought a new position in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,649 shares of the transportation company's stock, valued at approximately $475,000.

A number of other institutional investors also recently bought and sold shares of HUBG. Norges Bank acquired a new position in shares of Hub Group in the 4th quarter valued at about $41,487,000. River Road Asset Management LLC acquired a new position in Hub Group in the fourth quarter valued at approximately $17,458,000. Segall Bryant & Hamill LLC grew its stake in shares of Hub Group by 60.6% during the 4th quarter. Segall Bryant & Hamill LLC now owns 589,141 shares of the transportation company's stock worth $26,252,000 after purchasing an additional 222,405 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Hub Group in the 4th quarter valued at $9,315,000. Finally, JPMorgan Chase & Co. grew its position in Hub Group by 64.1% during the fourth quarter. JPMorgan Chase & Co. now owns 299,634 shares of the transportation company's stock valued at $13,352,000 after buying an additional 117,047 shares during the period. 46.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HUBG has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft began coverage on Hub Group in a research note on Friday, March 7th. They issued a "hold" rating and a $41.00 price target for the company. Barclays dropped 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 research report on Wednesday, April 2nd. Susquehanna decreased 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 note on Wednesday, March 26th. Stifel Nicolaus increased their target price 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 boosted their price target on Hub Group from $47.00 to $49.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $46.73.

Hub Group Trading Up 2.1 %

Shares of HUBG stock traded up $0.67 during trading hours on Friday, hitting $32.30. The company had a trading volume of 447,112 shares, compared to its average volume of 513,365. The stock has a market capitalization of $1.99 billion, a PE ratio of 19.00 and a beta of 1.04. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.33 and a quick ratio of 1.30. Hub Group, Inc. has a fifty-two week low of $31.30 and a fifty-two week high of $53.21. The company's fifty day moving average is $37.70 and its 200 day moving average is $43.13.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.48. Hub Group had a net margin of 2.64% and a return on equity of 7.10%. Research analysts expect that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Tuesday, March 18th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date was Tuesday, March 18th. Hub Group's dividend payout ratio (DPR) 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.