3,090 Shares in Hub Group, Inc. (NASDAQ:HUBG) Bought by Headlands Technologies LLC

Headlands Technologies LLC purchased a new position in shares of Hub Group, Inc. (NASDAQ:HUBG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,090 shares of the transportation company’s stock, valued at approximately $138,000.

A number of other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Hub Group by 17.5% in the 3rd quarter. FMR LLC now owns 54,650 shares of the transportation company’s stock valued at $2,484,000 after purchasing an additional 8,130 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Hub Group by 4.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 114,307 shares of the transportation company’s stock valued at $5,195,000 after buying an additional 5,092 shares during the period. Point72 DIFC Ltd lifted its position in shares of Hub Group by 20.3% in the third quarter. Point72 DIFC Ltd now owns 6,358 shares of the transportation company’s stock valued at $289,000 after buying an additional 1,075 shares during the last quarter. State Street Corp boosted its stake in shares of Hub Group by 0.8% during the 3rd quarter. State Street Corp now owns 2,489,503 shares of the transportation company’s stock worth $113,148,000 after acquiring an additional 20,215 shares during the period. Finally, iSAM Funds UK Ltd bought a new position in shares of Hub Group during the 3rd quarter worth approximately $214,000. Institutional investors and hedge funds own 46.77% of the company’s stock.

Hub Group Stock Performance

NASDAQ:HUBG opened at $33.38 on Friday. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 19.64 and a beta of 1.04. Hub Group, Inc. has a fifty-two week low of $31.63 and a fifty-two week high of $53.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.30 and a current ratio of 1.33. The stock has a fifty day moving average price of $40.29 and a 200-day moving average price of $44.14.

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

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.50%. The ex-dividend date was Tuesday, March 18th. Hub Group’s payout ratio is presently 29.41%.

Analyst Upgrades and Downgrades

HUBG has been the subject of a number of research analyst reports. Susquehanna reduced their price objective on shares of Hub Group from $55.00 to $48.00 and set a “positive” rating for the company in a research report on Wednesday, March 26th. Stifel Nicolaus lifted their target price on shares of Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hub Group in a report on Friday, March 7th. They issued a “hold” rating and a $41.00 price target on the stock. Benchmark boosted their price objective on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Barclays decreased their target price on Hub Group from $50.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $46.73.

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.