Hub Group (NASDAQ:HUBG) Sets New 12-Month Low – Should You Sell?

Hub Group, Inc. (NASDAQ:HUBG)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $37.96 and last traded at $37.94, with a volume of 23015 shares changing hands. The stock had previously closed at $38.48.

Analyst Ratings Changes

Several research firms recently issued reports on HUBG. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hub Group in a research note on Friday. They set a “hold” rating and a $41.00 price target on the stock. Barclays cut their price target on Hub Group from $52.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Monday, February 10th. Benchmark raised their price objective on Hub Group from $47.00 to $49.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Susquehanna raised Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 target price on the stock in a research report on Friday, January 3rd. Finally, Stifel Nicolaus increased their target price on Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $47.82.

Hub Group Price Performance

The company has a market capitalization of $2.33 billion, a P/E ratio of 22.24 and a beta of 0.93. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 0.10. The business has a 50 day simple moving average of $43.21 and a 200-day simple moving average of $45.19.

Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.48. Hub Group had a net margin of 2.64% and a return on equity of 7.10%. Analysts predict that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Dividend Announcement

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

Institutional Investors Weigh In On Hub Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. grew its position in Hub Group by 48.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company’s stock valued at $42,000 after buying an additional 310 shares in the last quarter. Smartleaf Asset Management LLC boosted 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 acquiring an additional 1,142 shares in the last quarter. Sterling Capital Management LLC increased its stake in shares of Hub Group by 803.3% during the fourth quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company’s stock valued at $84,000 after acquiring an additional 1,679 shares during the period. Blue Trust Inc. lifted its position in Hub Group by 24.8% in the fourth quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company’s stock worth $103,000 after purchasing an additional 450 shares during the period. Finally, KBC Group NV boosted its stake in Hub Group by 35.3% during the 4th 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 in the last quarter. 46.77% of the stock is currently owned by institutional investors.

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.