UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Holdings in Hub Group, Inc. (NASDAQ:HUBG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 14.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 130,951 shares of the transportation company's stock after purchasing an additional 16,644 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.21% of Hub Group worth $5,835,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nomura Asset Management Co. Ltd. raised its position in shares of Hub Group by 48.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company's stock worth $42,000 after acquiring an additional 310 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Hub Group by 286.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company's stock valued at $68,000 after purchasing an additional 1,142 shares in the last quarter. Sterling Capital Management LLC grew its stake 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 worth $84,000 after buying an additional 1,679 shares during the last quarter. 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 worth $103,000 after buying an additional 450 shares during the last quarter. Finally, KBC Group NV increased its position in Hub Group by 35.3% during the 4th quarter. KBC Group NV now owns 2,568 shares of the transportation company's stock valued at $114,000 after buying an additional 670 shares in the last quarter. Hedge funds and other institutional investors own 46.77% of the company's stock.

Analysts Set New Price Targets

HUBG has been the topic of a number of recent research reports. 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 target price on the stock. Benchmark cut their price target on shares of Hub Group from $40.00 to $33.13 and set a "buy" rating on the stock in a report on Friday, May 9th. Barclays decreased their price objective on shares of Hub Group from $45.00 to $40.00 and set an "equal weight" rating for the company in a report on Monday, May 12th. TD Cowen lowered their price target on Hub Group from $40.00 to $36.00 and set a "hold" rating on the stock in a report on Friday, May 9th. Finally, Susquehanna decreased their target price on Hub Group from $55.00 to $48.00 and set a "positive" rating for the company in a research report on Wednesday, March 26th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $43.68.

Hub Group Stock Performance

Shares of Hub Group stock traded down $0.34 on Thursday, hitting $33.45. 139,214 shares of the company's stock were exchanged, compared to its average volume of 537,601. The stock has a market capitalization of $2.05 billion, a PE ratio of 19.65 and a beta of 1.13. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.30 and a current ratio of 1.33. The company has a 50-day simple moving average of $33.63 and a 200-day simple moving average of $40.55. Hub Group, Inc. has a 1 year low of $30.75 and a 1 year high of $53.21.

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

Hub Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were paid a $0.125 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.50 dividend on an annualized basis and a yield of 1.49%. 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.