Vestmark Advisory Solutions Inc. Takes Position in Hub Group, Inc. (NASDAQ:HUBG)

Vestmark Advisory Solutions Inc. bought a new position in Hub Group, Inc. (NASDAQ:HUBG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,586 shares of the transportation company’s stock, valued at approximately $238,000.

Other large investors have also recently added to or reduced their stakes in the company. LSV Asset Management grew its stake in shares of Hub Group by 9,049.5% in the third quarter. LSV Asset Management now owns 334,962 shares of the transportation company’s stock worth $26,308,000 after acquiring an additional 331,301 shares during the last quarter. Pacer Advisors Inc. grew its position in Hub Group by 54.5% in the 4th quarter. Pacer Advisors Inc. now owns 727,572 shares of the transportation company’s stock worth $66,893,000 after purchasing an additional 256,551 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Hub Group by 8.5% during the 3rd quarter. Victory Capital Management Inc. now owns 1,675,277 shares of the transportation company’s stock worth $131,576,000 after purchasing an additional 131,193 shares during the period. Algert Global LLC raised its position in shares of Hub Group by 131.2% during the third quarter. Algert Global LLC now owns 111,447 shares of the transportation company’s stock valued at $8,753,000 after buying an additional 63,253 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Hub Group by 12.9% in the third quarter. American Century Companies Inc. now owns 456,022 shares of the transportation company’s stock valued at $35,816,000 after buying an additional 52,248 shares during the period. Institutional investors own 46.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on HUBG shares. Stifel Nicolaus upped their price target on Hub Group from $49.50 to $52.00 and gave the company a “buy” rating in a report on Wednesday, January 10th. Stephens decreased their price target on shares of Hub Group from $44.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Friday, April 26th. BMO Capital Markets dropped their price objective on shares of Hub Group from $48.00 to $45.00 and set a “market perform” rating for the company in a research note on Friday, April 26th. Morgan Stanley raised their price objective on shares of Hub Group from $43.00 to $44.00 and gave the stock an “equal weight” rating in a report on Monday, February 12th. Finally, Wells Fargo & Company upped their target price on shares of Hub Group from $45.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $46.54.

Hub Group Price Performance

Shares of HUBG stock opened at $42.85 on Wednesday. Hub Group, Inc. has a 52 week low of $31.73 and a 52 week high of $47.58. The stock has a market capitalization of $2.69 billion, a PE ratio of 20.36 and a beta of 0.90. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.29 and a current ratio of 1.28. The stock’s fifty day moving average is $41.58 and its 200-day moving average is $41.75.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings data on Thursday, April 25th. The transportation company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. Hub Group had a net margin of 3.28% and a return on equity of 8.48%. The firm had revenue of $1,000.00 million for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the prior year, the firm earned $0.94 EPS. The company’s revenue was down 16.7% on a year-over-year basis. Equities research analysts expect that Hub Group, Inc. will post 2.02 EPS for the current fiscal year.

Hub Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 8th were given a dividend of $0.125 per share. The ex-dividend date was Thursday, March 7th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.17%. Hub Group’s payout ratio is currently 23.75%.

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.