Stephens Investment Management Group LLC Grows Stake in Hub Group, Inc. (NASDAQ:HUBG)

Stephens Investment Management Group LLC grew its stake in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 13.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 326,055 shares of the transportation company's stock after buying an additional 39,624 shares during the period. Stephens Investment Management Group LLC owned 0.53% of Hub Group worth $14,529,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Nisa Investment Advisors LLC increased its position in shares of Hub Group by 0.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 31,522 shares of the transportation company's stock valued at $1,405,000 after buying an additional 260 shares during the period. GAMMA Investing LLC grew its holdings in shares of Hub Group by 65.0% during the third quarter. GAMMA Investing LLC now owns 711 shares of the transportation company's stock worth $32,000 after purchasing an additional 280 shares in the last quarter. Highland Capital Management LLC grew its holdings in shares of Hub Group by 6.6% during the fourth quarter. Highland Capital Management LLC now owns 5,424 shares of the transportation company's stock worth $242,000 after purchasing an additional 338 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Hub Group by 24.8% during the fourth quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company's stock worth $103,000 after purchasing an additional 450 shares in the last quarter. Finally, CWM LLC grew its holdings in shares of Hub Group by 24.8% during the third quarter. CWM LLC now owns 2,853 shares of the transportation company's stock worth $130,000 after purchasing an additional 567 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on HUBG shares. Susquehanna raised Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 price objective for the company in a report on Friday, January 3rd. Stifel Nicolaus upped their target price on Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Barclays cut their target price on Hub Group from $52.00 to $50.00 and set an "equal weight" rating for the company in a research note on Monday. Benchmark upped their target price on Hub Group from $47.00 to $49.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Finally, TD Cowen upped their target price on Hub Group from $43.00 to $49.00 and gave the stock a "hold" rating in a research note on Thursday, October 31st. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $48.50.

Hub Group Stock Up 1.1 %

HUBG traded up $0.46 during trading on Thursday, reaching $42.56. The stock had a trading volume of 573,455 shares, compared to its average volume of 474,981. The stock's 50 day moving average is $45.12 and its two-hundred day moving average is $45.44. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 25.04 and a beta of 0.94. Hub Group, Inc. has a one year low of $38.07 and a one year high of $53.21.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its earnings results on Thursday, February 6th. The transportation company reported $0.48 EPS for the quarter, hitting analysts' consensus estimates of $0.48. Hub Group had a return on equity of 7.17% and a net margin of 2.64%. As a group, analysts expect that Hub Group, Inc. will post 2.38 earnings per share for the current year.

Hub Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.17%. Hub Group's dividend payout ratio is currently 29.41%.

About Hub Group

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.