Analysts Set Hub Group, Inc. (NASDAQ:HUBG) PT at $47.82

Shares of Hub Group, Inc. (NASDAQ:HUBG) have earned an average rating of “Hold” from the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $47.18.

Several equities analysts recently weighed in on HUBG shares. Susquehanna reduced their target price on shares of Hub Group from $55.00 to $48.00 and set a “positive” rating on the stock in a report on Wednesday, March 26th. Barclays decreased 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. Benchmark raised their target price on Hub Group from $47.00 to $49.00 and gave the company a “buy” rating in a report on Friday, January 10th. Deutsche Bank Aktiengesellschaft started coverage on Hub Group in a report on Friday, March 7th. They issued a “hold” rating and a $41.00 price target for the company. Finally, Stifel Nicolaus boosted their target price on shares of Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd.

Hub Group Price Performance

Shares of Hub Group stock opened at $37.17 on Tuesday. The business’s fifty day moving average price is $41.07 and its 200 day moving average price is $44.39. Hub Group has a twelve month low of $36.04 and a twelve month high of $53.21. 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 has a market capitalization of $2.29 billion, a P/E ratio of 21.86 and a beta of 0.93.

Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.48. Hub Group had a net margin of 2.64% and a return on equity of 7.10%. As a group, research analysts anticipate that Hub Group will post 2.2 earnings per share for the current year.

Hub Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group’s dividend payout ratio is currently 29.41%.

Institutional Investors Weigh In On Hub Group

A number of institutional investors have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. grew its stake in Hub Group by 48.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company’s stock worth $42,000 after purchasing an additional 310 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Hub Group by 286.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company’s stock worth $68,000 after acquiring an additional 1,142 shares in the last quarter. Sterling Capital Management LLC increased its holdings in shares of Hub Group by 803.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company’s stock valued at $84,000 after acquiring an additional 1,679 shares during the last quarter. Blue Trust Inc. raised its position in shares of Hub Group by 24.8% during the 4th quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company’s stock valued at $103,000 after acquiring an additional 450 shares in the last quarter. Finally, KBC Group NV lifted its stake in Hub Group by 35.3% during the fourth quarter. KBC Group NV now owns 2,568 shares of the transportation company’s stock worth $114,000 after purchasing an additional 670 shares during the last quarter. Institutional investors and hedge funds 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.