Inspire Advisors LLC Raises Stock Position in Hub Group, Inc. (NASDAQ:HUBG)

Inspire Advisors LLC lifted its holdings in Hub Group, Inc. (NASDAQ:HUBG) by 3.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 17,076 shares of the transportation company’s stock after acquiring an additional 552 shares during the quarter. Inspire Advisors LLC’s holdings in Hub Group were worth $761,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC increased 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 buying an additional 1,142 shares in the last quarter. Blue Trust Inc. grew its position in shares of Hub Group by 24.8% during the 4th quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company’s stock valued at $103,000 after acquiring an additional 450 shares during the period. KBC Group NV increased its stake in shares of Hub Group by 35.3% in the 4th quarter. KBC Group NV now owns 2,568 shares of the transportation company’s stock worth $114,000 after purchasing an additional 670 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in Hub Group in the 3rd quarter worth $204,000. Finally, iSAM Funds UK Ltd purchased a new position in Hub Group during the third quarter valued at $214,000. Institutional investors own 46.77% of the company’s stock.

Hub Group Trading Down 1.2 %

NASDAQ HUBG opened at $38.00 on Wednesday. The company has a market capitalization of $2.34 billion, a PE ratio of 22.35 and a beta of 0.93. The company has a fifty day moving average of $43.08 and a 200 day moving average of $45.15. 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 1 year low of $37.80 and a 1 year high of $53.21.

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, hitting analysts’ consensus estimates of $0.48. Hub Group had a net margin of 2.64% and a return on equity of 7.10%. Research analysts forecast that Hub Group, Inc. will post 2.2 earnings per share for the current year.

Hub Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.125 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.32%. Hub Group’s payout ratio is currently 29.41%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HUBG shares. Stifel Nicolaus lifted their target price on Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Hub Group in a research note on Friday, March 7th. They issued a “hold” rating and a $41.00 target price on the stock. Benchmark upped their target price on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Susquehanna raised Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 price target on the stock in a research report on Friday, January 3rd. Finally, Barclays cut their price objective on shares of Hub Group from $52.00 to $50.00 and set an “equal weight” rating on the stock in a report on Monday, February 10th. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $47.82.

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.