Universal Beteiligungs und Servicegesellschaft mbH Raises Stock Holdings in Hub Group, Inc. $HUBG

Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 130.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,347 shares of the transportation company's stock after buying an additional 48,949 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.14% of Hub Group worth $3,683,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Frazier Financial Advisors LLC purchased a new stake in Hub Group in the third quarter worth about $35,000. Quarry LP increased its position in Hub Group by 271.5% in the third quarter. Quarry LP now owns 1,107 shares of the transportation company's stock worth $38,000 after buying an additional 809 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Hub Group by 33.4% in the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company's stock worth $44,000 after buying an additional 321 shares in the last quarter. NewEdge Advisors LLC increased its position in Hub Group by 333.8% in the second quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company's stock worth $50,000 after buying an additional 1,145 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in Hub Group by 884.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,486 shares of the transportation company's stock worth $51,000 after buying an additional 1,335 shares in the last quarter. Hedge funds and other institutional investors own 46.77% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on HUBG shares. Stifel Nicolaus increased their target price on Hub Group from $27.00 to $29.00 and gave the stock a "sell" rating in a research report on Thursday, April 2nd. Raymond James Financial reiterated an "outperform" rating and set a $48.00 target price on shares of Hub Group in a research report on Wednesday, April 15th. Wells Fargo & Company reiterated an "equal weight" rating and set a $35.00 target price (down from $55.00) on shares of Hub Group in a research report on Thursday, March 26th. Wolfe Research reiterated an "outperform" rating and set a $50.00 target price on shares of Hub Group in a research report on Thursday, January 8th. Finally, Barclays reiterated an "overweight" rating and set a $48.00 target price (up from $38.00) on shares of Hub Group in a research report on Thursday, January 15th. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $43.20.

Hub Group Stock Performance

NASDAQ HUBG opened at $42.77 on Thursday. The stock has a market capitalization of $2.62 billion, a PE ratio of 24.72, a P/E/G ratio of 1.25 and a beta of 1.16. The business has a 50 day simple moving average of $39.21 and a two-hundred day simple moving average of $40.55. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.47 and a quick ratio of 1.47. Hub Group, Inc. has a 1-year low of $30.75 and a 1-year high of $53.26.

Hub Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Friday, March 13th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, March 13th. Hub Group's dividend payout ratio (DPR) is currently 28.90%.

About Hub Group

Hub Group, Inc NASDAQ: HUBG is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.

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