Susquehanna Fundamental Investments LLC Makes New $4.14 Million Investment in Hub Group, Inc. (NASDAQ:HUBG)

Susquehanna Fundamental Investments LLC acquired a new stake in Hub Group, Inc. (NASDAQ:HUBG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 92,998 shares of the transportation company's stock, valued at approximately $4,144,000. Susquehanna Fundamental Investments LLC owned about 0.15% of Hub Group at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of Hub Group by 199.6% in the third quarter. Barclays PLC now owns 117,774 shares of the transportation company's stock valued at $5,354,000 after purchasing an additional 78,467 shares during the last quarter. Franklin Resources Inc. increased its position in Hub Group by 1.2% during the third quarter. Franklin Resources Inc. now owns 49,148 shares of the transportation company's stock worth $2,167,000 after buying an additional 595 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Hub Group by 14.3% in the third quarter. Principal Financial Group Inc. now owns 783,456 shares of the transportation company's stock worth $35,608,000 after acquiring an additional 97,768 shares during the last quarter. Moody National Bank Trust Division purchased a new stake in shares of Hub Group in the fourth quarter valued at $393,000. Finally, Hennion & Walsh Asset Management Inc. increased 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 purchasing an additional 1,368 shares in the last quarter. 46.77% of the stock is owned by institutional investors and hedge funds.

Hub Group Stock Up 2.8 %

NASDAQ HUBG traded up $0.89 during trading hours on Friday, hitting $32.88. The company had a trading volume of 567,775 shares, compared to its average volume of 513,845. The firm's 50 day moving average is $35.80 and its 200 day moving average is $42.47. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.33 and a quick ratio of 1.30. Hub Group, Inc. has a fifty-two week low of $30.84 and a fifty-two week high of $53.21. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 19.34 and a beta of 1.04.

Hub Group (NASDAQ:HUBG - Get Free Report) last announced its earnings results 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 net margin of 2.64% and a return on equity of 7.10%. Sell-side analysts anticipate that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's dividend payout ratio (DPR) is currently 29.41%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HUBG. Barclays reduced 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 research note on Wednesday, April 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on Hub Group in a research report on Friday, March 7th. They issued a "hold" rating and a $41.00 price objective for the company. Stifel Nicolaus increased their price objective on shares of Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Benchmark lowered their target price on shares of 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 decreased their price target on shares of Hub Group from $55.00 to $48.00 and set a "positive" rating on the stock in a report on Wednesday, March 26th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $46.44.

Hub Group 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.