Cambiar Investors LLC Has $2.10 Million Stake in Hub Group, Inc. (NASDAQ:HUBG)

Cambiar Investors LLC lowered its position in shares of Hub Group, Inc. (NASDAQ:HUBG) by 7.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,035 shares of the transportation company’s stock after selling 4,035 shares during the period. Cambiar Investors LLC owned about 0.08% of Hub Group worth $2,096,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Hub Group during the third quarter valued at $106,000. GAMMA Investing LLC increased its holdings in Hub Group by 65.0% in the third quarter. GAMMA Investing LLC now owns 711 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 280 shares during the period. CWM LLC increased its holdings in Hub Group by 24.8% in the third quarter. CWM LLC now owns 2,853 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 567 shares during the period. Inspire Investing LLC raised its position in Hub Group by 10.5% during the 3rd quarter. Inspire Investing LLC now owns 9,027 shares of the transportation company’s stock worth $410,000 after purchasing an additional 861 shares during the last quarter. Finally, nVerses Capital LLC acquired a new position in Hub Group during the 3rd quarter worth about $182,000. Institutional investors and hedge funds own 46.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HUBG shares. Barclays decreased 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 research report on Monday. Stifel Nicolaus upped their price target on Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. 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. Benchmark upped their price target on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, TD Cowen upped their price objective on shares of Hub Group from $43.00 to $49.00 and gave the stock a “hold” rating in a research report on Thursday, October 31st. Nine equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $48.09.

Hub Group Stock Up 2.2 %

Shares of NASDAQ:HUBG opened at $42.67 on Wednesday. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of 25.10 and a beta of 0.94. The stock has a fifty day simple moving average of $45.46 and a two-hundred day simple moving average of $45.48. Hub Group, Inc. has a 12-month low of $38.07 and a 12-month high of $53.21. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.12.

Hub Group (NASDAQ:HUBG) last announced its quarterly 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 net margin of 2.64% and a return on equity of 7.17%. On average, research analysts anticipate that Hub Group, Inc. will post 2.38 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

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

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.