Hub Group, Inc. (NASDAQ:HUBG) Shares Acquired by Inceptionr LLC

Inceptionr LLC increased its stake in shares of Hub Group, Inc. (NASDAQ:HUBG) by 15.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,123 shares of the transportation company’s stock after buying an additional 820 shares during the quarter. Inceptionr LLC’s holdings in Hub Group were worth $273,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HUBG. Raymond James Financial Inc. purchased a new position in shares of Hub Group in the 4th quarter valued at approximately $9,315,000. Dana Investment Advisors Inc. grew its position in Hub Group by 1.1% in the 4th quarter. Dana Investment Advisors Inc. now owns 22,781 shares of the transportation company’s stock valued at $1,015,000 after buying an additional 252 shares during the last quarter. Seizert Capital Partners LLC increased its stake in Hub Group by 29.7% in the 4th quarter. Seizert Capital Partners LLC now owns 98,472 shares of the transportation company’s stock valued at $4,388,000 after buying an additional 22,555 shares during the period. Atria Investments Inc purchased a new position in Hub Group during the 4th quarter worth $216,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Hub Group by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 675,064 shares of the transportation company’s stock worth $30,081,000 after acquiring an additional 11,548 shares during the period. Institutional investors and hedge funds own 46.77% of the company’s stock.

Analyst Upgrades and Downgrades

HUBG has been the topic of a number of recent analyst reports. Barclays dropped their price target on shares of Hub Group from $52.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Monday, February 10th. Susquehanna raised Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 target price for the company in a research note on Friday, January 3rd. Benchmark lifted their price target on Hub Group from $47.00 to $49.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Stifel Nicolaus increased their price objective on Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Hub Group in a research report on Friday. They set a “hold” rating and a $41.00 target price on the stock. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $47.82.

Hub Group Price Performance

Hub Group stock opened at $39.36 on Monday. 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’s 50-day simple moving average is $43.33 and its 200 day simple moving average is $45.22. Hub Group, Inc. has a 52 week low of $38.07 and a 52 week high of $53.21. The firm has a market capitalization of $2.42 billion, a PE ratio of 23.15 and a beta of 0.93.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) 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%. On average, equities research analysts predict that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Tuesday, March 18th. Hub Group’s payout ratio is 29.41%.

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.