TFO Wealth Partners LLC Raises Stock Holdings in Hub Group, Inc. (NASDAQ:HUBG)

TFO Wealth Partners LLC increased its stake in shares of Hub Group, Inc. (NASDAQ:HUBGFree Report) by 56,400.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,825 shares of the transportation company’s stock after purchasing an additional 2,820 shares during the quarter. TFO Wealth Partners LLC’s holdings in Hub Group were worth $260,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its position in Hub Group by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,475,738 shares of the transportation company’s stock valued at $227,623,000 after buying an additional 50,783 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Hub Group by 7.5% in the fourth quarter. Victory Capital Management Inc. now owns 1,801,201 shares of the transportation company’s stock valued at $165,602,000 after purchasing an additional 125,924 shares during the period. Invesco Ltd. increased its holdings in shares of Hub Group by 5.9% in the third quarter. Invesco Ltd. now owns 728,542 shares of the transportation company’s stock valued at $57,220,000 after purchasing an additional 40,578 shares during the period. Pacer Advisors Inc. increased its holdings in shares of Hub Group by 54.5% in the fourth quarter. Pacer Advisors Inc. now owns 727,572 shares of the transportation company’s stock valued at $66,893,000 after purchasing an additional 256,551 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Hub Group by 3.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 509,104 shares of the transportation company’s stock valued at $46,807,000 after purchasing an additional 18,187 shares during the period. 46.77% of the stock is owned by institutional investors and hedge funds.

Hub Group Stock Performance

Shares of Hub Group stock opened at $43.15 on Monday. Hub Group, Inc. has a one year low of $31.73 and a one year high of $47.58. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 20.50 and a beta of 0.90. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.28 and a current ratio of 1.28. The business’s 50 day moving average price is $41.95 and its 200 day moving average price is $42.66.

Hub Group (NASDAQ:HUBGGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The transportation company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. Hub Group had a return on equity of 8.48% and a net margin of 3.28%. The firm had revenue of $1,000.00 million for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter last year, the business posted $0.94 earnings per share. The firm’s revenue was down 16.7% compared to the same quarter last year. On average, research analysts predict that Hub Group, Inc. will post 2.02 EPS for the current year.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 26th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $0.50 annualized dividend and a yield of 1.16%. Hub Group’s dividend payout ratio (DPR) is 23.75%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. StockNews.com raised Hub Group from a “sell” rating to a “hold” rating in a report on Friday, March 1st. Benchmark reissued a “buy” rating and issued a $49.00 price objective on shares of Hub Group in a report on Friday, April 26th. Susquehanna dropped their target price on Hub Group from $49.00 to $46.00 and set a “neutral” rating on the stock in a report on Monday, March 25th. Evercore ISI dropped their target price on Hub Group from $46.00 to $44.00 and set an “outperform” rating on the stock in a report on Friday, April 26th. Finally, Stephens dropped their target price on Hub Group from $44.00 to $42.00 and set an “equal weight” rating on the stock in a report on Friday, April 26th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $46.54.

Check Out Our Latest Stock Report on Hub Group

Hub Group Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Hub Group (NASDAQ:HUBG)

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