Hub Group, Inc. (NASDAQ:HUBG - Get Free Report)'s share price hit a new 52-week low during trading on Thursday . The company traded as low as $36.10 and last traded at $36.26, with a volume of 608 shares changing hands. The stock had previously closed at $36.77.
Analyst Ratings Changes
HUBG has been the subject of a number of recent research reports. Stifel Nicolaus increased their price target on shares of Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Benchmark increased their target price on shares of Hub Group from $47.00 to $49.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft initiated coverage on Hub Group in a research report on Friday, March 7th. They issued a "hold" rating and a $41.00 price target on the stock. Susquehanna upgraded Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 target price on the stock in a research note on Friday, January 3rd. Finally, Barclays dropped their target price on Hub Group from $52.00 to $50.00 and set an "equal weight" rating on the stock in a report on Monday, February 10th. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $47.82.
Check Out Our Latest Report on HUBG
Hub Group Stock Performance
The stock's 50 day moving average price is $41.85 and its two-hundred day moving average price is $44.62. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 22.44 and a beta of 0.93.
Hub Group (NASDAQ:HUBG - Get Free Report) last issued its earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share for the quarter, hitting 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, analysts forecast that Hub Group, Inc. will post 2.2 EPS for the current year.
Hub Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.50 annualized dividend and a yield of 1.31%. Hub Group's dividend payout ratio is presently 29.41%.
Institutional Trading of Hub Group
Large investors have recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. boosted its position in shares of Hub Group by 48.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company's stock worth $42,000 after buying an additional 310 shares in the last quarter. Smartleaf Asset Management LLC raised its position in Hub Group by 286.2% during the fourth 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 during the last quarter. Sterling Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 1,679 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of 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 in the last quarter. Finally, KBC Group NV grew its position in shares of 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 purchasing an additional 670 shares during the last quarter. Institutional investors and hedge funds own 46.77% of the company's stock.
About Hub Group
(
Get Free Report)
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.
Read More
Before you consider Hub Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hub Group wasn't on the list.
While Hub Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
