Segall Bryant & Hamill LLC Increases Stake in Hub Group, Inc. (NASDAQ:HUBG)

Segall Bryant & Hamill LLC raised its position in shares of Hub Group, Inc. (NASDAQ:HUBG) by 60.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 589,141 shares of the transportation company’s stock after purchasing an additional 222,405 shares during the quarter. Segall Bryant & Hamill LLC owned 0.96% of Hub Group worth $26,252,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HUBG. Smartleaf Asset Management LLC raised its holdings in Hub Group by 286.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company’s stock worth $68,000 after acquiring an additional 1,142 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Hub Group by 24.8% in the 4th quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company’s stock worth $103,000 after purchasing an additional 450 shares in the last quarter. KBC Group NV raised its stake in shares of Hub Group by 35.3% in the fourth quarter. KBC Group NV now owns 2,568 shares of the transportation company’s stock worth $114,000 after purchasing an additional 670 shares during the last quarter. iSAM Funds UK Ltd bought a new position in shares of Hub Group during the third quarter valued at $214,000. Finally, Atria Investments Inc purchased a new stake in shares of Hub Group during the fourth quarter valued at $216,000. 46.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. 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 report on Friday, January 3rd. Benchmark increased their price objective on shares of Hub Group from $47.00 to $49.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hub Group in a research report on Friday, March 7th. They issued a “hold” rating and a $41.00 target price for the company. Barclays lowered their price target on Hub Group from $52.00 to $50.00 and set an “equal weight” rating on the stock in a report on Monday, February 10th. Finally, Stifel Nicolaus lifted their price objective on Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $47.82.

Hub Group Trading Up 1.8 %

Shares of NASDAQ:HUBG opened at $38.15 on Tuesday. Hub Group, Inc. has a 12-month low of $36.04 and a 12-month high of $53.21. The company has a market cap of $2.35 billion, a PE ratio of 22.44 and a beta of 0.93. The stock has a 50 day moving average of $41.85 and a 200 day moving average of $44.62. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.10.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.48. Hub Group had a net margin of 2.64% and a return on equity of 7.10%. As a group, equities research analysts expect that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend is Tuesday, March 18th. Hub Group’s dividend payout ratio (DPR) is 29.41%.

About Hub Group

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.