Hub Group, Inc. (NASDAQ:HUBG) Given Average Rating of "Hold" by Analysts

Shares of Hub Group, Inc. (NASDAQ:HUBG - Get Free Report) have earned an average recommendation of "Hold" from the ten analysts that are covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $48.50.

HUBG has been the topic of several research analyst reports. Susquehanna upgraded shares of Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 price objective on the stock in a research report on Friday, January 3rd. Benchmark raised their price objective on shares of 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 Hub Group from $52.00 to $50.00 and set an "equal weight" rating on the stock in a research note on Monday, February 10th. Finally, Stifel Nicolaus lifted their price target on Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd.

Hub Group Price Performance

Shares of HUBG traded down $1.16 during mid-day trading on Friday, reaching $39.94. 209,163 shares of the stock traded hands, compared to its average volume of 526,981. The company has a market cap of $2.45 billion, a price-to-earnings ratio of 23.47 and a beta of 0.94. Hub Group has a 1 year low of $38.07 and a 1 year high of $53.21. The firm has a fifty day moving average price of $43.79 and a 200 day moving average price of $45.35. 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 posted its earnings results on Thursday, February 6th. The transportation company reported $0.48 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%. As a group, equities research analysts predict that Hub Group will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a $0.125 dividend. The ex-dividend date was Friday, December 6th. This represents a $0.50 dividend on an annualized basis and a yield of 1.25%. Hub Group's dividend payout ratio (DPR) is currently 29.41%.

Hedge Funds Weigh In On Hub Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Nomura Asset Management Co. Ltd. increased its position in Hub Group by 48.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company's stock valued at $42,000 after purchasing an additional 310 shares during the period. Smartleaf Asset Management LLC raised its position in shares of Hub Group by 286.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company's stock worth $68,000 after acquiring an additional 1,142 shares in the last quarter. Sterling Capital Management LLC lifted its stake in shares of Hub Group by 803.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company's stock valued at $84,000 after purchasing an additional 1,679 shares during the period. Blue Trust Inc. grew its stake in Hub Group by 24.8% in the fourth quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company's stock worth $103,000 after purchasing an additional 450 shares during the period. Finally, KBC Group NV boosted its holdings in shares of Hub Group by 35.3% during the 4th quarter. KBC Group NV now owns 2,568 shares of the transportation company's stock valued at $114,000 after buying an additional 670 shares in the last quarter. 46.77% of the stock is owned by institutional investors.

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.