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

Hub Group, Inc. (NASDAQ:HUBG - Get Free Report) has earned a consensus rating of "Hold" from the eleven brokerages that are currently covering the company, MarketBeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $48.27.

A number of equities research analysts recently issued reports on HUBG shares. Benchmark upped their price objective on shares of Hub Group from $47.00 to $49.00 and gave the company a "buy" rating in a report on Friday, January 10th. Barclays increased their price target on shares of Hub Group from $42.00 to $52.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 13th. Stifel Nicolaus lifted their price target 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. Susquehanna upgraded Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 price objective for the company in a research report on Friday, January 3rd. Finally, TD Cowen raised their target price on Hub Group from $43.00 to $49.00 and gave the stock a "hold" rating in a research note on Thursday, October 31st.

Hub Group Price Performance

Shares of Hub Group stock traded down $0.51 on Monday, hitting $43.28. 846,097 shares of the company were exchanged, compared to its average volume of 413,099. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $46.04 and a 200 day moving average price of $45.55. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 24.59 and a beta of 0.94. Hub Group has a 1-year low of $38.07 and a 1-year high of $53.21.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.48 earnings per share for the quarter, hitting analysts' consensus estimates of $0.48. Hub Group had a return on equity of 7.44% and a net margin of 2.74%. As a group, sell-side analysts predict that Hub Group will post 1.91 earnings per share for the current fiscal year.

Hub Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.50 annualized dividend and a dividend yield of 1.16%. Hub Group's dividend payout ratio is presently 28.41%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC boosted its position in Hub Group by 65.0% in the 3rd quarter. GAMMA Investing LLC now owns 711 shares of the transportation company's stock valued at $32,000 after buying an additional 280 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Hub Group by 286.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company's stock valued at $68,000 after acquiring an additional 1,142 shares in the last quarter. Blue Trust Inc. boosted its holdings in Hub Group by 24.8% in the fourth quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company's stock valued at $103,000 after purchasing an additional 450 shares during the period. SG Americas Securities LLC acquired a new position in Hub Group during the 3rd quarter worth $106,000. Finally, KBC Group NV increased its holdings in Hub Group by 35.3% during the 4th quarter. KBC Group NV now owns 2,568 shares of the transportation company's stock worth $114,000 after purchasing an additional 670 shares during the period. Institutional investors and hedge funds 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.