391,782 Shares in Hub Group, Inc. (NASDAQ:HUBG) Bought by River Road Asset Management LLC

River Road Asset Management LLC bought a new position in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 391,782 shares of the transportation company's stock, valued at approximately $17,458,000. River Road Asset Management LLC owned about 0.64% of Hub Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of HUBG. Amundi increased its position in Hub Group by 51.2% during the 4th quarter. Amundi now owns 48,043 shares of the transportation company's stock valued at $2,122,000 after purchasing an additional 16,267 shares during the period. PNC Financial Services Group Inc. boosted its stake in Hub Group by 77.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,268 shares of the transportation company's stock worth $368,000 after purchasing an additional 3,614 shares in the last quarter. Edgestream Partners L.P. boosted its stake in Hub Group by 4.5% in the 4th quarter. Edgestream Partners L.P. now owns 73,898 shares of the transportation company's stock worth $3,293,000 after purchasing an additional 3,216 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its stake in Hub Group by 6.5% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 7,551 shares of the transportation company's stock worth $336,000 after purchasing an additional 462 shares in the last quarter. Finally, Inceptionr LLC raised its position in Hub Group by 15.5% during the 4th quarter. Inceptionr LLC now owns 6,123 shares of the transportation company's stock worth $273,000 after buying an additional 820 shares during the last quarter. Institutional investors own 46.77% of the company's stock.

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Hub Group Stock Performance

NASDAQ HUBG traded up $0.55 during trading hours on Friday, hitting $37.08. The company had a trading volume of 746,609 shares, compared to its average volume of 553,208. The business has a 50 day moving average of $42.62 and a 200-day moving average of $44.98. Hub Group, Inc. has a 1-year low of $36.34 and a 1-year high of $53.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.30 and a current ratio of 1.33. The company has a market cap of $2.28 billion, a PE ratio of 21.81 and a beta of 0.93.

Hub Group (NASDAQ:HUBG - Get Free Report) last announced its earnings results on Thursday, February 6th. The transportation company reported $0.48 EPS for the quarter, meeting analysts' consensus estimates of $0.48. Hub Group had a net margin of 2.64% and a return on equity of 7.10%. As a group, equities research analysts expect that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Barclays cut their target price 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 company a "buy" rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft started coverage on shares of Hub Group in a report on Friday, March 7th. They issued a "hold" rating and a $41.00 price objective on the stock. Susquehanna upgraded shares of Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 price objective on the stock 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 research note on Thursday, January 23rd. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $47.82.

Hub Group 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.