Inspire Advisors LLC Purchases 552 Shares of Hub Group, Inc. (NASDAQ:HUBG)

Inspire Advisors LLC grew its holdings in Hub Group, Inc. (NASDAQ:HUBG) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,076 shares of the transportation company’s stock after buying an additional 552 shares during the period. Inspire Advisors LLC’s holdings in Hub Group were worth $761,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HUBG. XTX Topco Ltd bought a new position in shares of Hub Group during the third quarter worth approximately $481,000. Barclays PLC boosted its stake in Hub Group by 199.6% in the third quarter. Barclays PLC now owns 117,774 shares of the transportation company’s stock valued at $5,354,000 after buying an additional 78,467 shares in the last quarter. Principal Financial Group Inc. increased its position in Hub Group by 14.3% during the 3rd quarter. Principal Financial Group Inc. now owns 783,456 shares of the transportation company’s stock worth $35,608,000 after purchasing an additional 97,768 shares in the last quarter. State Street Corp grew its stake in shares of Hub Group by 0.8% during the third quarter. State Street Corp now owns 2,489,503 shares of the transportation company’s stock worth $113,148,000 after buying an additional 20,215 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in shares of Hub Group by 16.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 9,511 shares of the transportation company’s stock worth $424,000 after buying an additional 1,368 shares in the last quarter. 46.77% of the stock is owned by institutional investors.

Hub Group Trading Down 1.2 %

NASDAQ:HUBG opened at $38.00 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.33 and a quick ratio of 1.30. The firm has a 50-day moving average of $43.08 and a 200-day moving average of $45.15. The company has a market cap of $2.34 billion, a PE ratio of 22.35 and a beta of 0.93. Hub Group, Inc. has a one year low of $37.80 and a one year high of $53.21.

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 return on equity of 7.10% and a net margin of 2.64%. As a group, equities research analysts expect that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have commented on HUBG. Benchmark increased their target price on Hub Group from $47.00 to $49.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Barclays cut their target price on shares of Hub Group from $52.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Monday, February 10th. Susquehanna upgraded shares of 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. Stifel Nicolaus raised their price target on shares of Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Hub Group in a research note on Friday, March 7th. They issued a “hold” rating and a $41.00 price objective on the stock. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.