Hub Group, Inc. (NASDAQ:HUBG) Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lifted its holdings in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 4.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 366,736 shares of the transportation company's stock after acquiring an additional 13,976 shares during the period. Segall Bryant & Hamill LLC owned 0.59% of Hub Group worth $16,668,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in shares of Hub Group during the first quarter valued at about $244,000. Sei Investments Co. grew its stake in shares of Hub Group by 102.9% in the 1st quarter. Sei Investments Co. now owns 28,085 shares of the transportation company's stock worth $1,214,000 after buying an additional 14,241 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Hub Group by 73.6% during the 1st quarter. Russell Investments Group Ltd. now owns 26,356 shares of the transportation company's stock valued at $1,139,000 after buying an additional 11,171 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in shares of Hub Group by 39.5% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 12,956 shares of the transportation company's stock valued at $560,000 after acquiring an additional 3,670 shares during the last quarter. Finally, Blair William & Co. IL boosted its holdings in shares of Hub Group by 100.2% in the 1st quarter. Blair William & Co. IL now owns 16,897 shares of the transportation company's stock worth $730,000 after purchasing an additional 8,457 shares during the period. Institutional investors own 46.77% of the company's stock.

Hub Group Stock Performance

Hub Group stock traded down $0.30 during trading hours on Thursday, hitting $49.95. 819,627 shares of the stock traded hands, compared to its average volume of 464,428. The firm's 50 day moving average price is $45.39 and its 200-day moving average price is $44.26. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.30 and a quick ratio of 1.30. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 28.38 and a beta of 0.89. Hub Group, Inc. has a 1 year low of $36.88 and a 1 year high of $50.85.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The transportation company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.49 by $0.03. The business had revenue of $986.89 million during the quarter, compared to analyst estimates of $1.06 billion. Hub Group had a return on equity of 7.44% and a net margin of 2.74%. The company's revenue was down 3.7% on a year-over-year basis. During the same quarter last year, the business posted $0.49 EPS. As a group, equities analysts expect that Hub Group, Inc. will post 1.91 EPS for the current fiscal year.

Hub Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Friday, September 6th were issued a $0.125 dividend. The ex-dividend date was Friday, September 6th. This represents a $0.50 dividend on an annualized basis and a yield of 1.00%. Hub Group's payout ratio is 28.41%.

Analysts Set New Price Targets

Several brokerages have issued reports on HUBG. TD Cowen boosted their target price on Hub Group from $43.00 to $49.00 and gave the company a "hold" rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. lifted their price target on shares of Hub Group from $43.00 to $51.00 and gave the company a "neutral" rating in a research note on Friday, August 2nd. Barclays increased their price objective on Hub Group from $42.00 to $52.00 and gave the stock an "equal weight" rating in a research note on Wednesday, November 13th. UBS Group lifted their target price on Hub Group from $42.00 to $48.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. Finally, Stifel Nicolaus cut their price objective on shares of Hub Group from $45.00 to $43.00 and set a "buy" rating on the stock in a report on Tuesday, August 6th. Ten equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $46.83.

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.