Blue Trust Inc. Purchases 450 Shares of Hub Group, Inc. (NASDAQ:HUBG)

Blue Trust Inc. lifted its position in shares of Hub Group, Inc. (NASDAQ:HUBG) by 24.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,261 shares of the transportation company’s stock after purchasing an additional 450 shares during the period. Blue Trust Inc.’s holdings in Hub Group were worth $103,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its stake in shares of Hub Group by 0.8% in 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 boosted 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 acquiring an additional 280 shares during the last quarter. Highland Capital Management LLC increased its position in Hub Group by 9.4% during the 3rd quarter. Highland Capital Management LLC now owns 5,086 shares of the transportation company’s stock valued at $231,000 after purchasing an additional 437 shares during the period. CWM LLC raised its holdings in Hub Group by 24.8% during the 3rd quarter. CWM LLC now owns 2,853 shares of the transportation company’s stock worth $130,000 after purchasing an additional 567 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Hub Group by 1.2% in the 3rd quarter. Franklin Resources Inc. now owns 49,148 shares of the transportation company’s stock worth $2,167,000 after purchasing an additional 595 shares during the period. 46.77% of the stock is currently owned by institutional investors.

Hub Group Stock Performance

Shares of HUBG opened at $43.28 on Friday. The company has a 50-day simple moving average of $46.04 and a two-hundred day simple moving average of $45.55. 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 firm has a market capitalization of $2.66 billion, a PE ratio of 24.59 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) 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 7.44% and a net margin of 2.74%. On average, analysts anticipate that Hub Group, Inc. will post 1.91 EPS for the current fiscal year.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend was Friday, December 6th. Hub Group’s dividend payout ratio is 28.41%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. TD Cowen boosted their price objective on Hub Group from $43.00 to $49.00 and gave the company a “hold” rating in a research note on Thursday, October 31st. Stifel Nicolaus boosted their price target on Hub Group from $46.00 to $53.00 and gave the company 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 for the company in a research report on Friday, January 3rd. Barclays boosted their target price on shares of Hub Group from $42.00 to $52.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Finally, Benchmark raised their price target on shares of Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Nine 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 presently has a consensus rating of “Hold” and an average target price of $48.27.

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.