Hub Group, Inc. (NASDAQ:HUBG) Shares Acquired by Seizert Capital Partners LLC

Seizert Capital Partners LLC grew its stake in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 29.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 98,472 shares of the transportation company's stock after purchasing an additional 22,555 shares during the quarter. Seizert Capital Partners LLC owned approximately 0.16% of Hub Group worth $4,388,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. raised its position in Hub Group by 14.3% in the 3rd quarter. Principal Financial Group Inc. now owns 783,456 shares of the transportation company's stock valued at $35,608,000 after purchasing an additional 97,768 shares during the last quarter. Barclays PLC raised its holdings in shares of Hub Group by 199.6% in the third quarter. Barclays PLC now owns 117,774 shares of the transportation company's stock valued at $5,354,000 after buying an additional 78,467 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Hub Group by 14.6% during the fourth quarter. Bank of New York Mellon Corp now owns 577,940 shares of the transportation company's stock worth $25,753,000 after buying an additional 73,712 shares during the period. Edgestream Partners L.P. purchased a new position in shares of Hub Group during the third quarter worth about $3,212,000. Finally, Citigroup Inc. increased its position in Hub Group by 54.0% in the 3rd quarter. Citigroup Inc. now owns 117,083 shares of the transportation company's stock valued at $5,321,000 after acquiring an additional 41,046 shares during the period. Hedge funds and other institutional investors own 46.77% of the company's stock.

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Hub Group Price Performance

Shares of HUBG traded down $0.15 on Friday, reaching $39.36. The stock had a trading volume of 542,674 shares, compared to its average volume of 535,477. The firm has a 50-day moving average of $43.42 and a 200 day moving average of $45.21. The firm has a market capitalization of $2.42 billion, a PE ratio of 23.15 and a beta of 0.94. Hub Group, Inc. has a twelve month low of $38.07 and a twelve month high of $53.21. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 0.10.

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

Hub Group Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on HUBG shares. Barclays decreased their price objective on Hub Group from $52.00 to $50.00 and set an "equal weight" rating for the company in a research report on Monday, February 10th. Benchmark lifted their price objective 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. Susquehanna raised shares of Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 price objective on the stock in a research note on Friday, January 3rd. Stifel Nicolaus raised their target price 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. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hub Group in a report on Friday. They set a "hold" rating and a $41.00 price target for the company. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Hub Group presently has an average rating of "Hold" and a consensus target price 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.