Family Firm Inc. Makes New Investment in Hub Group, Inc. (NASDAQ:HUBG)

Family Firm Inc. bought a new stake in Hub Group, Inc. (NASDAQ:HUBG) during the 2nd quarter, HoldingsChannel reports. The firm bought 616 shares of the transportation company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Silicon Valley Capital Partners lifted its stake in Hub Group by 100.6% in the 1st quarter. Silicon Valley Capital Partners now owns 682 shares of the transportation company’s stock valued at $29,000 after buying an additional 342 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Hub Group by 81.5% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 744 shares of the transportation company’s stock worth $32,000 after acquiring an additional 334 shares during the last quarter. Fidelis Capital Partners LLC acquired a new stake in shares of Hub Group in the first quarter worth approximately $38,000. Versant Capital Management Inc increased its position in shares of Hub Group by 109.2% during the first quarter. Versant Capital Management Inc now owns 1,096 shares of the transportation company’s stock worth $47,000 after purchasing an additional 572 shares in the last quarter. Finally, EntryPoint Capital LLC acquired a new position in Hub Group in the 1st quarter valued at $52,000. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Hub Group Trading Up 1.5 %

Shares of Hub Group stock opened at $43.69 on Friday. Hub Group, Inc. has a fifty-two week low of $31.73 and a fifty-two week high of $48.39. 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 firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 20.80 and a beta of 0.89. The stock has a 50 day moving average of $43.65 and a 200 day moving average of $42.89.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings data on Thursday, August 1st. The transportation company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. The firm had revenue of $986.50 million during the quarter, compared to the consensus estimate of $1.09 billion. Hub Group had a return on equity of 7.38% and a net margin of 2.89%. The company’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period last year, the company earned $0.72 EPS. As a group, research analysts predict that Hub Group, Inc. will post 2.02 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HUBG. UBS Group upped their target price on shares of Hub Group from $42.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. Susquehanna cut their price objective on shares of Hub Group from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Stifel Nicolaus lowered their target price on Hub Group from $45.00 to $43.00 and set a “buy” rating on the stock in a report on Tuesday, August 6th. Evercore ISI restated an “in-line” rating and issued a $44.00 price target on shares of Hub Group in a research report on Tuesday, June 25th. Finally, Benchmark reiterated a “buy” rating and set a $49.00 price objective on shares of Hub Group in a research report on Tuesday, July 9th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $45.35.

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.