Hub Group, Inc. (NASDAQ:HUBG) Holdings Lifted by Aristides Capital LLC

Aristides Capital LLC boosted its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG) by 9.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,987 shares of the transportation company’s stock after acquiring an additional 506 shares during the quarter. Aristides Capital LLC’s holdings in Hub Group were worth $258,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Family Firm Inc. acquired a new stake in shares of Hub Group during the second quarter worth approximately $26,000. Silicon Valley Capital Partners raised its holdings in shares of Hub Group by 100.6% during the first quarter. Silicon Valley Capital Partners now owns 682 shares of the transportation company’s stock worth $29,000 after acquiring an additional 342 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Hub Group by 81.5% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 744 shares of the transportation company’s stock worth $32,000 after acquiring an additional 334 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in Hub Group during the second quarter valued at $34,000. Finally, Fidelis Capital Partners LLC purchased a new position in Hub Group in the first quarter valued at about $38,000. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HUBG. Benchmark reaffirmed a “buy” rating and set a $47.00 price target on shares of Hub Group in a research note on Tuesday, September 17th. TD Cowen cut shares of Hub Group from a “buy” rating to a “hold” rating and reduced their target price for the company from $50.00 to $43.00 in a research note on Thursday, July 18th. JPMorgan Chase & Co. boosted their target price on shares of Hub Group from $43.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Evercore ISI restated an “in-line” rating and set a $44.00 price target on shares of Hub Group in a report on Tuesday, June 25th. Finally, UBS Group upped their price objective on shares of Hub Group from $42.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $45.65.

Hub Group Trading Up 0.6 %

Shares of HUBG opened at $45.45 on Tuesday. The stock’s 50-day moving average price is $44.53 and its 200 day moving average price is $43.19. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 21.64 and a beta of 0.89. Hub Group, Inc. has a 12-month low of $31.73 and a 12-month high of $48.39.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Thursday, August 1st. The transportation company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. The business had revenue of $986.50 million for the quarter, compared to analysts’ expectations of $1.09 billion. Hub Group had a return on equity of 7.37% and a net margin of 2.89%. Hub Group’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 earnings per share. As a group, research analysts predict that Hub Group, Inc. will post 1.93 earnings per share for the current year.

Hub Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Friday, September 6th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Friday, September 6th. Hub Group’s payout ratio is 23.81%.

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.