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

Hub Group, Inc. (NASDAQ:HUBG) has received an average recommendation of “Hold” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $47.18.

Several equities research analysts have issued reports on HUBG shares. Stifel Nicolaus boosted their price target on shares of Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Barclays lowered their target price on shares of Hub Group from $52.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Monday, February 10th. Susquehanna cut their price target on shares of Hub Group from $55.00 to $48.00 and set a “positive” rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft started coverage on Hub Group in a research note on Friday, March 7th. They issued a “hold” rating and a $41.00 price objective on the stock. Finally, Benchmark increased their target price on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, January 10th.

Institutional Trading of Hub Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC bought a new stake in Hub Group during the 4th quarter worth about $206,000. Jefferies Financial Group Inc. acquired a new position in shares of Hub Group during the fourth quarter worth approximately $223,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Hub Group by 14.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,951 shares of the transportation company’s stock valued at $5,835,000 after purchasing an additional 16,644 shares during the last quarter. Vident Advisory LLC increased its holdings in shares of Hub Group by 6.4% in the fourth quarter. Vident Advisory LLC now owns 12,812 shares of the transportation company’s stock valued at $571,000 after purchasing an additional 771 shares in the last quarter. Finally, Squarepoint Ops LLC raised its position in Hub Group by 58.6% in the 4th quarter. Squarepoint Ops LLC now owns 55,811 shares of the transportation company’s stock worth $2,487,000 after purchasing an additional 20,613 shares during the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Hub Group Stock Up 0.1 %

HUBG stock opened at $38.03 on Tuesday. Hub Group has a twelve month low of $36.04 and a twelve month high of $53.21. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 0.10. The company has a market cap of $2.34 billion, a PE ratio of 22.37 and a beta of 0.93. The business’s 50-day simple moving average is $41.38 and its 200 day simple moving average is $44.48.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.48 earnings per share 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%. On average, research analysts anticipate that Hub Group will post 2.2 earnings per share for the current year.

Hub Group Announces Dividend

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

About Hub Group

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.