Hub Group, Inc. (NASDAQ:HUBG) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Hub Group, Inc. (NASDAQ:HUBG) have been given an average rating of “Hold” by the eleven research firms that are presently covering the stock, Marketbeat.com reports. Eight analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $47.82.

HUBG has been the topic of a number of research reports. Benchmark increased their price target on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Susquehanna upgraded 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. 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 report on Monday, February 10th. Deutsche Bank Aktiengesellschaft assumed coverage on Hub Group in a research report on Friday, March 7th. They set a “hold” rating and a $41.00 price target on the stock. Finally, Stifel Nicolaus upped their price objective on Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, January 23rd.

Hub Group Stock Up 1.8 %

NASDAQ:HUBG opened at $38.15 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.30 and a current ratio of 1.33. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of 22.44 and a beta of 0.93. Hub Group has a one year low of $36.04 and a one year high of $53.21. The stock has a 50-day simple moving average of $41.85 and a 200 day simple moving average of $44.62.

Hub Group (NASDAQ:HUBG) last issued its earnings results on Thursday, February 6th. The transportation company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. Sell-side analysts predict that Hub Group will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Tuesday, March 18th. Hub Group’s dividend payout ratio is presently 29.41%.

Hedge Funds Weigh In On Hub Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd bought a new stake in Hub Group during the 3rd quarter worth approximately $481,000. Barclays PLC lifted its position in Hub Group by 199.6% in the 3rd quarter. Barclays PLC now owns 117,774 shares of the transportation company’s stock valued at $5,354,000 after acquiring an additional 78,467 shares in the last quarter. State Street Corp increased its holdings in Hub Group by 0.8% during the 3rd quarter. State Street Corp now owns 2,489,503 shares of the transportation company’s stock worth $113,148,000 after purchasing an additional 20,215 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in Hub Group by 16.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 9,511 shares of the transportation company’s stock worth $424,000 after purchasing an additional 1,368 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Hub Group by 14.6% in the 4th quarter. Bank of New York Mellon Corp now owns 577,940 shares of the transportation company’s stock valued at $25,753,000 after purchasing an additional 73,712 shares during the period. Institutional investors own 46.77% of the company’s stock.

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.