Cambiar Investors LLC Decreases Holdings in Hub Group, Inc. (NASDAQ:HUBG)

Cambiar Investors LLC decreased its stake in shares of Hub Group, Inc. (NASDAQ:HUBG) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 47,035 shares of the transportation company’s stock after selling 4,035 shares during the quarter. Cambiar Investors LLC’s holdings in Hub Group were worth $2,096,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of HUBG. GAMMA Investing LLC increased its position in shares of Hub Group by 65.0% during the third quarter. GAMMA Investing LLC now owns 711 shares of the transportation company’s stock worth $32,000 after purchasing an additional 280 shares in the last quarter. Blue Trust Inc. increased its position in Hub Group by 24.8% during the fourth quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company’s stock worth $103,000 after buying an additional 450 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Hub Group during the third quarter worth approximately $106,000. KBC Group NV grew its holdings in Hub Group by 35.3% in the fourth quarter. KBC Group NV now owns 2,568 shares of the transportation company’s stock valued at $114,000 after purchasing an additional 670 shares during the period. Finally, CWM LLC increased its position 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 in the last quarter. 46.77% of the stock is owned by hedge funds and other institutional investors.

Hub Group Price Performance

Shares of HUBG stock opened at $42.67 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.30 and a current ratio of 1.30. Hub Group, Inc. has a 52-week low of $38.07 and a 52-week high of $53.21. The firm’s 50 day moving average price is $45.46 and its two-hundred day moving average price is $45.48. The stock has a market cap of $2.62 billion, a PE ratio of 25.10 and a beta of 0.94.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48. Hub Group had a return on equity of 7.17% and a net margin of 2.64%. As a group, analysts forecast that Hub Group, Inc. will post 2.38 EPS for the current year.

Hub Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.50 annualized dividend and a yield of 1.17%. Hub Group’s payout ratio is presently 29.41%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. TD Cowen lifted their price objective on shares of 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 report on Thursday, January 23rd. Barclays dropped their price target on Hub Group from $52.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Monday. Susquehanna upgraded Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 price target for the company in a research report on Friday, January 3rd. Finally, Benchmark upped their price target on shares of Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Nine research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $48.09.

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.