Hub Group (NASDAQ:HUBG) Earns Hold Rating from Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of Hub Group (NASDAQ:HUBG) in a report published on Friday, MarketBeat.com reports. The brokerage issued a hold rating and a $41.00 price target on the transportation company’s stock.

A number of other analysts also recently weighed in on the company. Stifel Nicolaus lifted 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 Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 price target for the company in a report on Friday, January 3rd. Benchmark upped their target price on Hub Group from $47.00 to $49.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, Barclays dropped their target price on Hub Group from $52.00 to $50.00 and set an “equal weight” rating for the company in a research note on Monday, February 10th. Eight 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 an average rating of “Hold” and a consensus price target of $47.82.

Hub Group Trading Down 0.4 %

NASDAQ:HUBG opened at $39.36 on Friday. The firm has a market cap of $2.42 billion, a P/E ratio of 23.15 and a beta of 0.93. 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’s 50 day simple moving average is $43.33 and its 200-day simple moving average is $45.22. Hub Group has a 12-month low of $38.07 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 earnings per share (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%. Equities analysts anticipate that Hub Group will post 2.2 EPS for the current year.

Hub Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Tuesday, March 18th. Hub Group’s payout ratio is 29.41%.

Institutional Trading of Hub Group

Several large investors have recently added to or reduced their stakes in the business. Dana Investment Advisors Inc. increased its position in Hub Group by 1.1% in the 4th quarter. Dana Investment Advisors Inc. now owns 22,781 shares of the transportation company’s stock valued at $1,015,000 after acquiring an additional 252 shares during the period. Nisa Investment Advisors LLC boosted its stake in Hub Group by 0.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 31,522 shares of the transportation company’s stock valued at $1,405,000 after purchasing an additional 260 shares in the last quarter. Summit Investment Advisors Inc. boosted its stake in Hub Group by 4.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 6,268 shares of the transportation company’s stock valued at $279,000 after purchasing an additional 287 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in Hub Group by 48.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 310 shares in the last quarter. Finally, Highland Capital Management LLC boosted its stake in Hub Group by 6.6% during the 4th quarter. Highland Capital Management LLC now owns 5,424 shares of the transportation company’s stock valued at $242,000 after purchasing an additional 338 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

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.