Dimensional Fund Advisors LP Has $203.12 Million Stock Position in Hub Group, Inc. (NASDAQ:HUBG)

Dimensional Fund Advisors LP cut its position in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,558,407 shares of the transportation company's stock after selling 183,038 shares during the quarter. Dimensional Fund Advisors LP owned about 7.43% of Hub Group worth $203,122,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Barclays PLC raised its stake in shares of Hub Group by 199.6% during the third quarter. Barclays PLC now owns 117,774 shares of the transportation company's stock valued at $5,354,000 after purchasing an additional 78,467 shares during the period. Franklin Resources Inc. lifted its holdings in Hub Group by 1.2% in the 3rd quarter. Franklin Resources Inc. now owns 49,148 shares of the transportation company's stock worth $2,167,000 after buying an additional 595 shares in the last quarter. Principal Financial Group Inc. boosted its position in Hub Group by 14.3% in the 3rd quarter. Principal Financial Group Inc. now owns 783,456 shares of the transportation company's stock valued at $35,608,000 after buying an additional 97,768 shares during the last quarter. Moody National Bank Trust Division acquired a new stake in shares of Hub Group during the fourth quarter valued at about $393,000. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in shares of Hub Group by 16.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 9,511 shares of the transportation company's stock worth $424,000 after acquiring an additional 1,368 shares in the last quarter. 46.77% of the stock is currently owned by hedge funds and other institutional investors.

Hub Group Stock Down 0.3 %

Hub Group stock traded down $0.09 during mid-day trading on Monday, hitting $32.06. The company's stock had a trading volume of 53,932 shares, compared to its average volume of 513,376. Hub Group, Inc. has a 52-week low of $30.97 and a 52-week high of $53.21. The company has a market cap of $1.97 billion, a PE ratio of 18.94 and a beta of 1.04. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.33 and a quick ratio of 1.30. The firm's 50 day moving average is $36.67 and its 200 day moving average is $42.78.

Hub Group (NASDAQ:HUBG - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. Hub Group had a net margin of 2.64% and a return on equity of 7.10%. On average, analysts anticipate that Hub Group, Inc. will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's dividend payout ratio (DPR) is presently 29.41%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HUBG shares. Stifel Nicolaus lifted their price objective on Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Barclays cut their target price on shares of Hub Group from $50.00 to $45.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on Hub Group in a report on Friday, March 7th. They set a "hold" rating and a $41.00 price target on the stock. Susquehanna dropped their price target on shares of Hub Group from $55.00 to $48.00 and set a "positive" rating on the stock in a research report on Wednesday, March 26th. Finally, Benchmark reduced their price objective on shares of Hub Group from $49.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $46.44.

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.