Duality Advisers LP Decreases Stake in Hub Group, Inc. (NASDAQ:HUBG)

Duality Advisers LP lowered its position in Hub Group, Inc. (NASDAQ:HUBG) by 82.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,196 shares of the transportation company’s stock after selling 9,999 shares during the quarter. Duality Advisers LP’s holdings in Hub Group were worth $202,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Caprock Group LLC acquired a new stake in Hub Group during the third quarter worth approximately $202,000. CWM LLC raised its holdings in Hub Group by 25.5% during the third quarter. CWM LLC now owns 1,038 shares of the transportation company’s stock worth $81,000 after purchasing an additional 211 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Hub Group during the third quarter worth approximately $1,443,000. Teacher Retirement System of Texas raised its holdings in Hub Group by 14.0% during the third quarter. Teacher Retirement System of Texas now owns 27,009 shares of the transportation company’s stock worth $2,121,000 after purchasing an additional 3,315 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Hub Group during the third quarter worth approximately $308,000. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Stifel Nicolaus lifted their target price on shares of Hub Group from $49.50 to $52.00 and gave the company a “buy” rating in a report on Wednesday, January 10th. StockNews.com upgraded shares of Hub Group from a “sell” rating to a “hold” rating in a research report on Friday, March 1st. Susquehanna decreased their target price on shares of Hub Group from $49.00 to $46.00 and set a “neutral” rating on the stock in a research report on Monday, March 25th. JPMorgan Chase & Co. boosted their target price on shares of Hub Group from $43.50 to $46.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 9th. Finally, BMO Capital Markets decreased their price objective on shares of Hub Group from $48.00 to $45.00 and set a “market perform” rating on the stock in a research report on Friday. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Hub Group presently has an average rating of “Hold” and a consensus target price of $46.54.

Hub Group Trading Down 0.6 %

NASDAQ HUBG opened at $39.93 on Monday. Hub Group, Inc. has a 12 month low of $31.73 and a 12 month high of $47.58. The company has a 50-day moving average of $41.88 and a 200-day moving average of $41.61. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.29 and a quick ratio of 1.29. The company has a market cap of $2.51 billion, a P/E ratio of 19.01 and a beta of 0.89.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, April 25th. The transportation company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Hub Group had a net margin of 3.28% and a return on equity of 8.47%. The company had revenue of $1,000.00 million during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the company posted $0.94 EPS. The company’s quarterly revenue was down 16.7% compared to the same quarter last year. As a group, equities analysts predict that Hub Group, Inc. will post 2.15 earnings per share for the current year.

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 8th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date was Thursday, March 7th. Hub Group’s dividend payout ratio (DPR) is presently 23.81%.

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.