Analysts Set Hub Group, Inc. (NASDAQ:HUBG) PT at $46.73

Shares of Hub Group, Inc. (NASDAQ:HUBG - Get Free Report) have received an average rating of "Hold" from the eleven research firms that are covering the stock, MarketBeat reports. Eight investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $46.73.

Several analysts have recently issued reports on HUBG shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Hub Group in a research report on Friday, March 7th. They set a "hold" rating and a $41.00 target price on the stock. Susquehanna reduced their price objective on shares of Hub Group from $55.00 to $48.00 and set a "positive" rating on the stock in a research report on Wednesday, March 26th. Stifel Nicolaus increased 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. Barclays reduced their price objective on shares of Hub Group from $50.00 to $45.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 2nd. Finally, Benchmark increased their price objective on shares of Hub Group from $47.00 to $49.00 and gave the stock a "buy" rating in a research report on Friday, January 10th.

Hub Group Price Performance

Shares of NASDAQ HUBG traded up $1.56 during mid-day trading on Friday, hitting $33.78. 82,824 shares of the company's stock traded hands, compared to its average volume of 512,075. The company's 50-day moving average is $37.29 and its two-hundred day moving average is $42.98. 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 has a market capitalization of $2.08 billion, a P/E ratio of 19.87 and a beta of 1.04. Hub Group has a 1 year low of $30.97 and a 1 year high of $53.21.

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

Hub Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders 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 dividend yield of 1.48%. The ex-dividend date was Tuesday, March 18th. Hub Group's dividend payout ratio (DPR) is presently 29.41%.

Hedge Funds Weigh In On Hub Group

Institutional investors have recently modified their holdings of the stock. Capital International Investors purchased a new position in Hub Group during the fourth quarter valued at approximately $95,105,000. Norges Bank purchased a new position in Hub Group during the fourth quarter valued at approximately $41,487,000. Balyasny Asset Management L.P. increased its holdings in Hub Group by 77.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,147,499 shares of the transportation company's stock valued at $51,133,000 after buying an additional 499,621 shares during the period. River Road Asset Management LLC purchased a new position in Hub Group during the fourth quarter valued at approximately $17,458,000. Finally, Segall Bryant & Hamill LLC increased its holdings in Hub Group by 60.6% during the fourth quarter. Segall Bryant & Hamill LLC now owns 589,141 shares of the transportation company's stock valued at $26,252,000 after buying an additional 222,405 shares during the period. 46.77% of the stock is owned by hedge funds and other 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.