Hub Group, Inc. (NASDAQ:HUBG) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG) by 5.5% in the third quarter, Holdings Channel reports. The firm owned 19,976 shares of the transportation company’s stock after acquiring an additional 1,036 shares during the period. Natixis Advisors LLC’s holdings in Hub Group were worth $908,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC grew its position in Hub Group by 65.0% in the third quarter. GAMMA Investing LLC now owns 711 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 280 shares in the last quarter. Arizona State Retirement System grew its position in shares of Hub Group by 1.6% during the second quarter. Arizona State Retirement System now owns 17,427 shares of the transportation company’s stock worth $750,000 after buying an additional 282 shares in the last quarter. Inspire Advisors LLC grew its position in shares of Hub Group by 1.7% during the second quarter. Inspire Advisors LLC now owns 17,327 shares of the transportation company’s stock worth $746,000 after buying an additional 284 shares in the last quarter. Highland Capital Management LLC raised its holdings in Hub Group by 9.4% in the third quarter. Highland Capital Management LLC now owns 5,086 shares of the transportation company’s stock valued at $231,000 after acquiring an additional 437 shares in the last quarter. Finally, Aristides Capital LLC boosted its stake in Hub Group by 9.2% during the 2nd quarter. Aristides Capital LLC now owns 5,987 shares of the transportation company’s stock valued at $258,000 after acquiring an additional 506 shares during the last quarter. Institutional investors and hedge funds own 46.77% of the company’s stock.

Wall Street Analyst Weigh In

HUBG has been the subject of several research analyst reports. Susquehanna dropped their target price on shares of Hub Group from $50.00 to $48.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Benchmark reissued a “buy” rating and issued a $47.00 price objective on shares of Hub Group in a report on Friday, November 1st. UBS Group boosted their price objective on Hub Group from $42.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Evercore ISI boosted their price objective on Hub Group from $41.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, October 3rd. Finally, TD Cowen boosted their price objective on Hub Group from $43.00 to $49.00 and gave the company a “hold” rating in a report on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating and three have issued 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 $46.83.

Hub Group Stock Performance

Shares of HUBG stock opened at $51.69 on Thursday. Hub Group, Inc. has a 12-month low of $36.88 and a 12-month high of $53.21. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of 29.80 and a beta of 0.89. The business has a 50 day simple moving average of $45.82 and a 200 day simple moving average of $44.46. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.30 and a quick ratio of 1.30.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings data on Wednesday, October 30th. The transportation company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. Hub Group had a return on equity of 7.44% and a net margin of 2.74%. The business had revenue of $986.89 million during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company posted $0.49 EPS. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. On average, equities research analysts anticipate that Hub Group, Inc. will post 1.91 EPS for the current year.

Hub Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 6th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date is Friday, December 6th. Hub Group’s dividend payout ratio (DPR) is 28.41%.

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.