Fuller & Thaler Asset Management Inc. Decreases Stake in Hub Group, Inc. (NASDAQ:HUBG)

Fuller & Thaler Asset Management Inc. cut its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 655,822 shares of the transportation company's stock after selling 13,778 shares during the period. Fuller & Thaler Asset Management Inc. owned 1.07% of Hub Group worth $29,223,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Nomura Asset Management Co. Ltd. increased its position in Hub Group by 48.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company's stock valued at $42,000 after buying an additional 310 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Hub Group by 286.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company's stock worth $68,000 after purchasing an additional 1,142 shares during the period. Sterling Capital Management LLC boosted its holdings in shares of Hub Group by 803.3% in the fourth 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 position in Hub Group by 24.8% during the fourth quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company's stock valued at $103,000 after buying an additional 450 shares during the period. Finally, KBC Group NV grew its position in shares of 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 acquiring an additional 670 shares during the period. Hedge funds and other institutional investors own 46.77% of the company's stock.

Hub Group Stock Performance

Shares of NASDAQ HUBG traded down $0.63 during midday trading on Wednesday, reaching $31.31. 56,570 shares of the stock were exchanged, compared to its average volume of 512,099. 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 firm has a 50-day simple moving average of $36.24 and a two-hundred day simple moving average of $42.63. Hub Group, Inc. has a twelve month low of $30.83 and a twelve month high of $53.21. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 18.42 and a beta of 1.04.

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

Hub Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were given a $0.125 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $0.50 annualized dividend and a dividend yield of 1.60%. Hub Group's dividend payout ratio (DPR) is 29.41%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HUBG. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hub Group in a report on Friday, March 7th. They issued a "hold" rating and a $41.00 target price for the company. Stifel Nicolaus increased their price objective 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 reduced their price target 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. Benchmark cut their price target on Hub Group from $49.00 to $40.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Finally, Susquehanna reduced their price objective on Hub Group from $55.00 to $48.00 and set a "positive" rating on the stock in a research note on Wednesday, March 26th. 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, Hub Group currently has an average rating of "Hold" and a consensus price target 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.