Hub Group, Inc. (NASDAQ:HUBG) Receives Consensus Rating of "Moderate Buy" from Analysts

Hub Group, Inc. (NASDAQ:HUBG - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the ten ratings firms that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $46.63.

A number of analysts recently weighed in on the company. Morgan Stanley boosted their target price on Hub Group from $43.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Monday, February 12th. Stifel Nicolaus boosted their price objective on Hub Group from $49.50 to $52.00 and gave the company a "buy" rating in a research report on Wednesday, January 10th. StockNews.com upgraded Hub Group from a "sell" rating to a "hold" rating in a research report on Friday, March 1st. Susquehanna lowered their price objective on Hub Group from $49.00 to $46.00 and set a "neutral" rating for the company in a research report on Monday, March 25th. Finally, JPMorgan Chase & Co. boosted their price objective on Hub Group from $43.50 to $46.00 and gave the company a "neutral" rating in a research report on Tuesday, January 9th.

Institutional Investors Weigh In On Hub Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HUBG. Royal Bank of Canada grew its stake in shares of Hub Group by 3.6% in the third quarter. Royal Bank of Canada now owns 3,704 shares of the transportation company's stock worth $255,000 after acquiring an additional 127 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Hub Group by 3.6% during the third quarter. Captrust Financial Advisors now owns 4,010 shares of the transportation company's stock valued at $277,000 after acquiring an additional 140 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Hub Group by 20.3% during the third quarter. Parkside Financial Bank & Trust now owns 861 shares of the transportation company's stock valued at $68,000 after acquiring an additional 145 shares in the last quarter. Cardinal Capital Management increased its holdings in shares of Hub Group by 1.1% during the fourth quarter. Cardinal Capital Management now owns 16,193 shares of the transportation company's stock valued at $1,489,000 after acquiring an additional 177 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of Hub Group by 3.1% during the second quarter. Stifel Financial Corp now owns 6,409 shares of the transportation company's stock valued at $515,000 after acquiring an additional 195 shares in the last quarter. 46.77% of the stock is owned by hedge funds and other institutional investors.

Hub Group Price Performance

NASDAQ:HUBG traded down $0.17 during mid-day trading on Tuesday, reaching $42.84. The stock had a trading volume of 306,753 shares, compared to its average volume of 505,605. The firm has a 50 day moving average price of $43.05 and a two-hundred day moving average price of $41.54. The stock has a market capitalization of $2.69 billion, a P/E ratio of 16.45 and a beta of 0.89. Hub Group has a one year low of $31.73 and a one year high of $47.58. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.29.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its earnings results on Thursday, February 1st. The transportation company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.02. The company had revenue of $985.60 million during the quarter, compared to the consensus estimate of $997.67 million. Hub Group had a return on equity of 10.56% and a net margin of 3.99%. Hub Group's quarterly revenue was down 23.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.42 EPS. As a group, analysts expect that Hub Group will post 2.24 earnings per share for the current year.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 8th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.50 annualized dividend and a dividend yield of 1.17%. Hub Group's dividend payout ratio (DPR) is presently 19.19%.

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.