Hub Group (NASDAQ:HUBG) Reaches New 1-Year Low - Should You Sell?

Hub Group, Inc. (NASDAQ:HUBG - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $30.97 and last traded at $31.64, with a volume of 521178 shares trading hands. The stock had previously closed at $32.30.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HUBG. Benchmark cut their price objective on Hub Group from $49.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft assumed coverage on Hub Group in a report on Friday, March 7th. They set a "hold" rating and a $41.00 price target for the company. Stifel Nicolaus raised their price objective on shares of Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Susquehanna cut their target price on shares of Hub Group from $55.00 to $48.00 and set a "positive" rating for the company in a research note on Wednesday, March 26th. Finally, Barclays decreased 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 research report on Wednesday, April 2nd. Six 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, the stock presently has a consensus rating of "Hold" and a consensus price target of $46.44.

Hub Group Stock Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 1.33 and a quick ratio of 1.30. The firm has a market cap of $1.98 billion, a P/E ratio of 18.91 and a beta of 1.04. The stock's 50 day moving average is $36.67 and its two-hundred day moving average is $42.78.

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

Hub Group Dividend Announcement

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. The ex-dividend date was Tuesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.56%. Hub Group's payout ratio is presently 29.41%.

Institutional Investors Weigh In On Hub Group

Several large investors have recently made changes to their positions in the company. Barclays PLC boosted its stake in Hub Group by 199.6% in the third quarter. Barclays PLC now owns 117,774 shares of the transportation company's stock worth $5,354,000 after purchasing an additional 78,467 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Hub Group during the 4th quarter worth about $1,279,000. Hennion & Walsh Asset Management Inc. lifted its position in Hub Group by 16.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 9,511 shares of the transportation company's stock worth $424,000 after buying an additional 1,368 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Hub Group by 14.6% during the 4th quarter. Bank of New York Mellon Corp now owns 577,940 shares of the transportation company's stock worth $25,753,000 after acquiring an additional 73,712 shares during the last quarter. Finally, Atria Investments Inc bought a new position in shares of Hub Group in the fourth quarter worth about $216,000. Institutional investors own 46.77% of the company's stock.

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.