Hub Group, Inc. (NASDAQ:HUBG) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in shares of Hub Group, Inc. (NASDAQ:HUBG) by 5.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,976 shares of the transportation company’s stock after purchasing an additional 1,036 shares during the period. Natixis Advisors LLC’s holdings in Hub Group were worth $908,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Pacer Advisors Inc. boosted its position in shares of Hub Group by 0.4% in the 2nd quarter. Pacer Advisors Inc. now owns 2,356,564 shares of the transportation company’s stock worth $101,450,000 after buying an additional 8,700 shares in the last quarter. Select Equity Group L.P. boosted its position in shares of Hub Group by 19.4% in the 2nd quarter. Select Equity Group L.P. now owns 1,836,354 shares of the transportation company’s stock worth $79,055,000 after buying an additional 298,390 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Hub Group by 6.1% in the 2nd quarter. American Century Companies Inc. now owns 1,322,166 shares of the transportation company’s stock worth $56,919,000 after buying an additional 76,431 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Hub Group by 14.3% in the 3rd quarter. Principal Financial Group Inc. now owns 783,456 shares of the transportation company’s stock worth $35,608,000 after buying an additional 97,768 shares in the last quarter. Finally, Royce & Associates LP boosted its position in shares of Hub Group by 1.8% in the 3rd quarter. Royce & Associates LP now owns 640,093 shares of the transportation company’s stock worth $29,092,000 after buying an additional 11,615 shares in the last quarter. 46.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on HUBG shares. Susquehanna decreased their price objective on shares of Hub Group from $50.00 to $48.00 and set a “neutral” rating on the stock in a research report on Friday, November 1st. Evercore ISI boosted their price objective on shares of Hub Group from $41.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, October 3rd. Benchmark restated a “buy” rating and issued a $47.00 target price on shares of Hub Group in a report on Friday, November 1st. JPMorgan Chase & Co. upped their target price on shares of Hub Group from $43.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Finally, Stifel Nicolaus reduced their target price 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $46.83.

Hub Group Trading Down 1.4 %

NASDAQ HUBG opened at $51.69 on Thursday. Hub Group, Inc. has a 12 month low of $36.88 and a 12 month high of $53.21. The company has a 50-day moving average of $45.82 and a 200-day moving average of $44.46. 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 company has a market cap of $3.17 billion, a P/E ratio of 29.80 and a beta of 0.89.

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

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 6th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date is Friday, December 6th. Hub Group’s dividend payout ratio (DPR) is presently 28.41%.

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.