Hub Group, Inc. (NASDAQ:HUBG) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 1.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 675,064 shares of the transportation company's stock after purchasing an additional 11,548 shares during the period. Charles Schwab Investment Management Inc. owned about 1.10% of Hub Group worth $30,081,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its position in Hub Group by 14.3% in the 3rd quarter. Principal Financial Group Inc. now owns 783,456 shares of the transportation company's stock valued at $35,608,000 after buying an additional 97,768 shares during the period. Barclays PLC boosted its holdings in shares of Hub Group by 199.6% in the third quarter. Barclays PLC now owns 117,774 shares of the transportation company's stock valued at $5,354,000 after purchasing an additional 78,467 shares during the period. Bank of New York Mellon Corp grew its stake in Hub Group by 14.6% in the fourth quarter. Bank of New York Mellon Corp now owns 577,940 shares of the transportation company's stock worth $25,753,000 after purchasing an additional 73,712 shares in the last quarter. Edgestream Partners L.P. purchased a new position in Hub Group during the 3rd quarter worth $3,212,000. Finally, Citigroup Inc. raised its position in Hub Group by 54.0% during the 3rd quarter. Citigroup Inc. now owns 117,083 shares of the transportation company's stock valued at $5,321,000 after purchasing an additional 41,046 shares in the last quarter. 46.77% of the stock is owned by hedge funds and other institutional investors.

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Hub Group Stock Performance

NASDAQ:HUBG traded down $0.54 during mid-day trading on Wednesday, hitting $36.80. The company's stock had a trading volume of 167,745 shares, compared to its average volume of 458,031. The business's fifty day moving average is $42.36 and its two-hundred day moving average is $44.87. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.33 and a quick ratio of 1.30. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 21.66 and a beta of 0.93. Hub Group, Inc. has a 1 year low of $36.34 and a 1 year high of $53.21.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its earnings results 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 net margin of 2.64% and a return on equity of 7.10%. Analysts anticipate that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Tuesday, March 18th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Tuesday, March 18th. Hub Group's payout ratio is 29.41%.

Wall Street Analyst Weigh In

HUBG has been the subject of several recent research reports. Susquehanna upgraded Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 price objective for the company in a report on Friday, January 3rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hub Group in a research report on Friday, March 7th. They issued a "hold" rating and a $41.00 price target for the company. Benchmark raised their price objective on Hub Group from $47.00 to $49.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Barclays reduced their target price on shares of Hub Group from $52.00 to $50.00 and set an "equal weight" rating for the company in a report on Monday, February 10th. Finally, Stifel Nicolaus raised their price target on shares of Hub Group from $46.00 to $53.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $47.82.

Hub Group 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.