Dimensional Fund Advisors LP Has $203.12 Million Stake in Hub Group, Inc. (NASDAQ:HUBG)

Dimensional Fund Advisors LP reduced its holdings in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,558,407 shares of the transportation company's stock after selling 183,038 shares during the quarter. Dimensional Fund Advisors LP owned approximately 7.43% of Hub Group worth $203,122,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Barclays PLC grew its holdings in shares of Hub Group by 199.6% during the third quarter. Barclays PLC now owns 117,774 shares of the transportation company's stock worth $5,354,000 after purchasing an additional 78,467 shares during the last quarter. Franklin Resources Inc. grew its holdings in Hub Group by 1.2% during the 3rd quarter. Franklin Resources Inc. now owns 49,148 shares of the transportation company's stock worth $2,167,000 after acquiring an additional 595 shares during the last quarter. Principal Financial Group Inc. increased 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 acquiring an additional 97,768 shares in the last quarter. Moody National Bank Trust Division bought a new position in shares of Hub Group in the fourth quarter worth about $393,000. Finally, Hennion & Walsh Asset Management Inc. lifted its position in shares of Hub Group by 16.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 9,511 shares of the transportation company's stock worth $424,000 after purchasing an additional 1,368 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors.

Hub Group Trading Up 1.8 %

Shares of NASDAQ HUBG opened at $32.22 on Wednesday. Hub Group, Inc. has a twelve month low of $30.97 and a twelve month high of $53.21. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 18.95 and a beta of 1.04. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 0.10. The company's fifty day moving average is $37.29 and its 200-day moving average is $42.98.

Hub Group (NASDAQ:HUBG - Get Free Report) last announced its quarterly 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%. Equities research analysts predict that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's dividend payout ratio (DPR) is presently 29.41%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HUBG. Stifel Nicolaus boosted their price objective on shares of Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft began coverage on Hub Group in a report on Friday, March 7th. They issued a "hold" rating and a $41.00 price target on the stock. Benchmark boosted their price objective on Hub Group from $47.00 to $49.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Susquehanna reduced their target price 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. Finally, Barclays dropped their price target on shares of Hub Group from $50.00 to $45.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 2nd. Eight analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target 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.

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