Cramer Rosenthal Mcglynn LLC Increases Position in Hub Group, Inc. (NASDAQ:HUBG)

Cramer Rosenthal Mcglynn LLC lifted its holdings in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 18.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 701,978 shares of the transportation company's stock after purchasing an additional 109,227 shares during the period. Hub Group comprises approximately 1.8% of Cramer Rosenthal Mcglynn LLC's holdings, making the stock its 19th biggest position. Cramer Rosenthal Mcglynn LLC owned approximately 1.14% of Hub Group worth $31,280,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Capital International Investors purchased a new stake in Hub Group in the 4th quarter worth approximately $95,105,000. Invesco Ltd. increased its stake in shares of Hub Group by 1.3% in the fourth quarter. Invesco Ltd. now owns 1,838,308 shares of the transportation company's stock worth $81,915,000 after purchasing an additional 23,674 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Hub Group by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,482,308 shares of the transportation company's stock valued at $67,383,000 after purchasing an additional 10,328 shares during the period. Norges Bank purchased a new position in shares of Hub Group during the 4th quarter valued at $41,487,000. Finally, William Blair Investment Management LLC lifted its stake in shares of Hub Group by 2.5% during the 4th quarter. William Blair Investment Management LLC now owns 835,959 shares of the transportation company's stock valued at $37,250,000 after buying an additional 20,259 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Susquehanna decreased their price target on Hub Group from $55.00 to $48.00 and set a "positive" rating on the stock in a report on Wednesday, March 26th. Benchmark lowered their price target on Hub Group from $49.00 to $40.00 and set a "buy" rating on the stock in a report on Wednesday. Stifel Nicolaus increased their price objective 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. Barclays lowered 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. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hub Group in a research note on Friday, March 7th. They set a "hold" rating and a $41.00 target price for the company. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Hub Group currently has a consensus rating of "Hold" and an average price target of $45.91.

Hub Group Price Performance

Shares of NASDAQ HUBG traded up $0.64 during mid-day trading on Wednesday, hitting $32.86. 232,873 shares of the company's stock traded hands, compared to its average volume of 512,615. The company has a market capitalization of $2.02 billion, a P/E ratio of 19.33 and a beta of 1.04. Hub Group, Inc. has a 1 year low of $30.97 and a 1 year high of $53.21. 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 company's 50-day moving average is $37.29 and its two-hundred day moving average is $42.98.

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

Hub Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's dividend payout ratio (DPR) is 29.41%.

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.