Hub Group (NASDAQ:HUBG) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hub Group (NASDAQ:HUBG) in a research report report published on Friday morning, Marketbeat reports. The firm issued a hold rating and a $41.00 price objective on the transportation company’s stock.

Several other research analysts have also commented on the company. Stifel Nicolaus boosted their price target on Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Barclays reduced their price target on Hub Group from $52.00 to $50.00 and set an “equal weight” rating for the company in a research report on Monday, February 10th. Benchmark boosted their price target on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Finally, Susquehanna raised Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 price target for the company in a research report on Friday, January 3rd. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Hub Group presently has a consensus rating of “Hold” and an average target price of $47.82.

Hub Group Price Performance

Shares of HUBG stock opened at $39.36 on Friday. Hub Group has a twelve month low of $38.07 and a twelve month high of $53.21. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 23.15 and a beta of 0.94. The stock has a fifty day simple moving average of $43.42 and a two-hundred day simple moving average of $45.21. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.10.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. On average, analysts predict that Hub Group will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Tuesday, March 18th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.27%. The ex-dividend date is Tuesday, March 18th. Hub Group’s dividend payout ratio is currently 29.41%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Nomura Asset Management Co. Ltd. increased its holdings in shares of Hub Group by 48.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 310 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Hub Group by 286.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company’s stock valued at $68,000 after purchasing an additional 1,142 shares during the period. Sterling Capital Management LLC increased its holdings in shares of Hub Group by 803.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company’s stock valued at $84,000 after purchasing an additional 1,679 shares during the period. Blue Trust Inc. increased its holdings in shares of Hub Group by 24.8% in the fourth quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company’s stock valued at $103,000 after purchasing an additional 450 shares during the period. Finally, KBC Group NV increased its holdings in shares of Hub Group by 35.3% in the fourth quarter. KBC Group NV now owns 2,568 shares of the transportation company’s stock valued at $114,000 after purchasing an additional 670 shares during the period. 46.77% of the stock is owned by institutional investors and hedge funds.

About Hub Group

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.