Deutsche Bank Aktiengesellschaft Begins Coverage on Hub Group (NASDAQ:HUBG)

Deutsche Bank Aktiengesellschaft started coverage on shares of Hub Group (NASDAQ:HUBG - Free Report) in a research note issued to investors on Friday morning, MarketBeat Ratings reports. The brokerage issued a hold rating and a $41.00 target price on the transportation company's stock.

Several other equities research analysts have also commented on the stock. Barclays cut their price target on shares of Hub Group from $52.00 to $50.00 and set an "equal weight" rating for the company in a report on Monday, February 10th. Benchmark boosted their price target 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. Susquehanna raised shares of Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 price target for the company in a report on Friday, January 3rd. Finally, Stifel Nicolaus boosted their price target on shares of Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $47.82.

Hub Group Stock Performance

Shares of NASDAQ:HUBG traded down $0.15 during trading on Friday, hitting $39.36. 542,674 shares of the stock traded hands, compared to its average volume of 535,477. 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 company has a market cap of $2.42 billion, a price-to-earnings ratio of 23.15 and a beta of 0.93. The company has a fifty day moving average price of $43.33 and a two-hundred day moving average price of $45.20. Hub Group has a 52-week low of $38.07 and a 52-week high of $53.21.

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Hub Group (NASDAQ:HUBG - Get Free Report) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share 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%. As a group, equities analysts predict that Hub Group will post 2.2 EPS for the current year.

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.125 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.50 annualized dividend and a yield of 1.27%. Hub Group's dividend payout ratio (DPR) is presently 29.41%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Nomura Asset Management Co. Ltd. lifted its position in Hub Group by 48.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company's stock valued at $42,000 after buying an additional 310 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in 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 buying an additional 1,142 shares during the last quarter. Sterling Capital Management LLC lifted its position in Hub Group by 803.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company's stock valued at $84,000 after buying an additional 1,679 shares during the last quarter. Blue Trust Inc. lifted its position 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 buying an additional 450 shares during the last quarter. Finally, KBC Group NV lifted its position in Hub Group by 35.3% in the fourth 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 during the last quarter. Institutional investors and hedge funds own 46.77% of the company's stock.

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.