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

Hub Group, Inc. (NASDAQ:HUBG - Get Free Report) has been assigned an average rating of "Hold" from the eleven analysts that are presently covering the firm, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $47.18.

HUBG has been the subject of several recent research reports. Susquehanna decreased their target price on shares of Hub Group from $55.00 to $48.00 and set a "positive" rating for the company in a research report on Wednesday. Barclays decreased their price objective on Hub Group from $52.00 to $50.00 and set an "equal weight" rating for the company in a report on Monday, February 10th. Deutsche Bank Aktiengesellschaft began coverage on Hub Group in a report on Friday, March 7th. They set a "hold" rating and a $41.00 price target for the company. Benchmark lifted their price objective on shares of Hub Group from $47.00 to $49.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Finally, Stifel Nicolaus increased their target price 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.

Hub Group Trading Down 2.4 %

Hub Group stock traded down $0.90 during trading hours on Tuesday, reaching $37.13. 369,040 shares of the company's stock were exchanged, compared to its average volume of 501,980. The firm's 50 day simple moving average is $41.38 and its 200 day simple moving average is $44.48. Hub Group has a twelve month low of $36.04 and a twelve month high of $53.21. 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 firm has a market capitalization of $2.28 billion, a PE ratio of 21.84 and a beta of 0.93.

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Hub Group (NASDAQ:HUBG - Get Free Report) last posted 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%. Research analysts predict that Hub Group will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend is Tuesday, March 18th. Hub Group's payout ratio is currently 29.41%.

Institutional Investors Weigh In On Hub Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Natixis Advisors LLC grew its position in shares of Hub Group by 5.5% in the third quarter. Natixis Advisors LLC now owns 19,976 shares of the transportation company's stock valued at $908,000 after purchasing an additional 1,036 shares in the last quarter. Intech Investment Management LLC grew its holdings in Hub Group by 70.4% during the 3rd quarter. Intech Investment Management LLC now owns 19,512 shares of the transportation company's stock valued at $887,000 after buying an additional 8,064 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Hub Group by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 663,516 shares of the transportation company's stock valued at $30,157,000 after buying an additional 23,470 shares during the period. Citigroup Inc. lifted its holdings in shares of Hub Group by 54.0% in the third quarter. Citigroup Inc. now owns 117,083 shares of the transportation company's stock worth $5,321,000 after buying an additional 41,046 shares in the last quarter. Finally, FMR LLC boosted its position in shares of Hub Group by 17.5% in the third quarter. FMR LLC now owns 54,650 shares of the transportation company's stock valued at $2,484,000 after acquiring an additional 8,130 shares during the period. Institutional investors own 46.77% of the company's stock.

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.