Susquehanna International Group LLP Acquires 52,839 Shares of Hub Group, Inc. (NASDAQ:HUBG)

Susquehanna International Group LLP increased its stake in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 369.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 67,151 shares of the transportation company's stock after acquiring an additional 52,839 shares during the period. Susquehanna International Group LLP owned 0.11% of Hub Group worth $2,992,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Dana Investment Advisors Inc. grew its holdings in Hub Group by 1.1% during the fourth quarter. Dana Investment Advisors Inc. now owns 22,781 shares of the transportation company's stock valued at $1,015,000 after purchasing an additional 252 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in Hub Group by 0.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 31,522 shares of the transportation company's stock worth $1,405,000 after acquiring an additional 260 shares during the period. Summit Investment Advisors Inc. lifted its position in Hub Group by 4.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 6,268 shares of the transportation company's stock worth $279,000 after acquiring an additional 287 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in Hub Group by 48.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company's stock valued at $42,000 after acquiring an additional 310 shares during the period. Finally, Highland Capital Management LLC grew its position in shares of Hub Group by 6.6% in the fourth quarter. Highland Capital Management LLC now owns 5,424 shares of the transportation company's stock valued at $242,000 after purchasing an additional 338 shares during the last quarter. 46.77% of the stock is owned by institutional investors.

Hub Group Price Performance

HUBG stock traded up $0.10 during trading on Friday, hitting $33.23. 920,343 shares of the stock traded hands, compared to its average volume of 528,401. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 19.55 and a beta of 1.13. Hub Group, Inc. has a one year low of $30.75 and a one year high of $53.21. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.10. The company has a 50 day simple moving average of $34.83 and a 200 day simple moving average of $41.98.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The transportation company reported $0.44 EPS for the quarter, topping 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 business had revenue of $915.22 million for the quarter, compared to analyst estimates of $973.86 million. During the same period in the prior year, the company earned $0.44 EPS. Hub Group's revenue for the quarter was down 8.5% on a year-over-year basis. Equities analysts expect that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's dividend payout ratio is currently 29.41%.

Analysts Set New Price Targets

Several brokerages recently weighed in on HUBG. Benchmark decreased their target price on Hub Group from $40.00 to $33.13 and set a "buy" rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft started coverage on shares of Hub Group in a research note on Friday, March 7th. They issued a "hold" rating and a $41.00 price objective on the stock. Stifel Nicolaus increased their price target 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 dropped their price objective 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. Finally, TD Cowen decreased their target price on Hub Group from $40.00 to $36.00 and set a "hold" rating on the stock in a research report on Friday. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Hub Group presently has a consensus rating of "Hold" and a consensus target price of $44.24.

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.