Hub Group, Inc. (NASDAQ:HUBG) Given Average Rating of “Hold” by Analysts

Shares of Hub Group, Inc. (NASDAQ:HUBG) have been given a consensus recommendation of “Hold” by the eleven brokerages that are presently covering the company, MarketBeat reports. Eight research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $47.18.

HUBG has been the topic of a number of research analyst reports. Stifel Nicolaus boosted their price objective on shares of Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Benchmark boosted their price target on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft initiated coverage on Hub Group in a research note on Friday, March 7th. They issued a “hold” rating and a $41.00 price objective for the company. Susquehanna decreased their target price on Hub Group from $55.00 to $48.00 and set a “positive” rating on the stock in a research report on Wednesday, March 26th. Finally, Barclays dropped their price target 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.

Hedge Funds Weigh In On Hub Group

Several institutional investors and hedge funds have recently modified their holdings of HUBG. Wealth Enhancement Advisory Services LLC acquired a new position in Hub Group in the 4th quarter valued at $206,000. Jefferies Financial Group Inc. acquired a new position in Hub Group in the fourth quarter valued at $223,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Hub Group by 14.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,951 shares of the transportation company’s stock worth $5,835,000 after buying an additional 16,644 shares during the period. Vident Advisory LLC boosted its stake in Hub Group by 6.4% in the 4th quarter. Vident Advisory LLC now owns 12,812 shares of the transportation company’s stock worth $571,000 after buying an additional 771 shares during the last quarter. Finally, Squarepoint Ops LLC grew its holdings in Hub Group by 58.6% in the 4th quarter. Squarepoint Ops LLC now owns 55,811 shares of the transportation company’s stock valued at $2,487,000 after buying an additional 20,613 shares during the period. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Hub Group Stock Performance

Shares of HUBG stock opened at $37.17 on Tuesday. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.10. The stock has a 50 day simple moving average of $41.07 and a 200-day simple moving average of $44.39. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 21.86 and a beta of 0.93. Hub Group has a 12-month low of $36.04 and a 12-month high of $53.21.

Hub Group (NASDAQ:HUBG) last released 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 return on equity of 7.10% and a net margin of 2.64%. On average, equities analysts forecast that Hub Group will post 2.2 EPS for the current year.

Hub Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.125 per share. The ex-dividend date was Tuesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.35%. Hub Group’s dividend payout ratio (DPR) is presently 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.