Fuller & Thaler Asset Management Inc. Sells 13,778 Shares of Hub Group, Inc. (NASDAQ:HUBG)

Fuller & Thaler Asset Management Inc. cut its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 655,822 shares of the transportation company's stock after selling 13,778 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 1.07% of Hub Group worth $29,223,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HUBG. T. Rowe Price Investment Management Inc. raised its holdings in Hub Group by 3.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 879,820 shares of the transportation company's stock worth $39,205,000 after acquiring an additional 32,334 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Hub Group by 10.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 50,809 shares of the transportation company's stock worth $2,265,000 after purchasing an additional 4,863 shares in the last quarter. Dark Forest Capital Management LP acquired a new stake in shares of Hub Group in the 4th quarter valued at approximately $469,000. Susquehanna International Group LLP grew its stake in shares of Hub Group by 369.2% in the fourth quarter. Susquehanna International Group LLP now owns 67,151 shares of the transportation company's stock valued at $2,992,000 after buying an additional 52,839 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in Hub Group by 250.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 12,830 shares of the transportation company's stock worth $572,000 after buying an additional 9,169 shares during the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Barclays decreased their price objective on shares of Hub Group from $50.00 to $45.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 2nd. Susquehanna dropped their price target on 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 price objective on shares of Hub Group from $46.00 to $53.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. Benchmark reduced their target price on shares of Hub Group from $49.00 to $40.00 and set a "buy" rating for the company in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Hub Group in a report on Friday, March 7th. They issued a "hold" rating and a $41.00 price target on the stock. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $46.44.

Hub Group Stock Performance

NASDAQ HUBG traded down $1.31 during trading on Friday, reaching $32.15. The company's stock had a trading volume of 521,715 shares, compared to its average volume of 515,164. The firm has a 50 day moving average price of $36.67 and a 200 day moving average price of $42.78. Hub Group, Inc. has a 12 month low of $30.97 and a 12 month high of $53.21. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 18.91 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.

Hub Group (NASDAQ:HUBG - Get Free Report) last issued its quarterly 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 return on equity of 7.10% and a net margin of 2.64%. As a group, equities analysts anticipate that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Tuesday, March 18th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's dividend payout ratio (DPR) is presently 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.