Deutsche Bank AG Acquires 17,865 Shares of Hub Group, Inc. (NASDAQ:HUBG)

Deutsche Bank AG increased its position in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 36.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 66,318 shares of the transportation company's stock after purchasing an additional 17,865 shares during the quarter. Deutsche Bank AG owned approximately 0.11% of Hub Group worth $2,955,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HUBG. Barclays PLC lifted its holdings in shares of Hub Group by 199.6% during the 3rd quarter. Barclays PLC now owns 117,774 shares of the transportation company's stock worth $5,354,000 after acquiring an additional 78,467 shares during the period. Nisa Investment Advisors LLC lifted its stake in Hub Group by 0.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 31,522 shares of the transportation company's stock worth $1,405,000 after purchasing an additional 260 shares during the period. SG Americas Securities LLC boosted its holdings in Hub Group by 170.9% during the fourth quarter. SG Americas Securities LLC now owns 6,321 shares of the transportation company's stock valued at $282,000 after purchasing an additional 3,988 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of Hub Group by 13.0% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 11,960 shares of the transportation company's stock valued at $533,000 after purchasing an additional 1,375 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Hub Group by 24.8% in the 4th quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company's stock valued at $103,000 after purchasing an additional 450 shares during the period. Institutional investors and hedge funds own 46.77% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on HUBG shares. TD Cowen cut their target price on Hub Group from $40.00 to $36.00 and set a "hold" rating for the company in a research report on Friday, May 9th. Barclays cut their price objective on Hub Group from $45.00 to $40.00 and set an "equal weight" rating for the company in a report on Monday, May 12th. Benchmark dropped their target price on shares of Hub Group from $40.00 to $33.13 and set a "buy" rating for the company in a research report on Friday, May 9th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hub Group in a research report on Friday, March 7th. They issued a "hold" rating and a $41.00 price target on the stock. Finally, Susquehanna reduced their target price on Hub Group from $55.00 to $48.00 and set a "positive" rating on the stock in a report on Wednesday, March 26th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $43.68.

Hub Group Trading Up 2.7%

HUBG traded up $0.91 during trading on Tuesday, reaching $34.23. 481,246 shares of the company's stock were exchanged, compared to its average volume of 536,181. The company's fifty day moving average price is $34.11 and its 200-day moving average price is $41.15. The firm has a market capitalization of $2.10 billion, a PE ratio of 20.14 and a beta of 1.13. Hub Group, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $53.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.30 and a current ratio of 1.33.

Hub Group (NASDAQ:HUBG - Get Free Report) last posted its earnings results on Thursday, May 8th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.02. The company had revenue of $915.22 million during the quarter, compared to analyst estimates of $973.86 million. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. The company's revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.44 EPS. As a group, equities analysts forecast that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were issued a $0.125 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.50 annualized dividend and a yield of 1.46%. Hub Group's dividend payout ratio (DPR) is presently 29.41%.

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.