Capital Fund Management S.A. Acquires New Holdings in Hub Group, Inc. (NASDAQ:HUBG)

Capital Fund Management S.A. bought a new position in Hub Group, Inc. (NASDAQ:HUBG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,649 shares of the transportation company’s stock, valued at approximately $475,000.

Several other large investors also recently made changes to their positions in the company. Invesco Ltd. grew its holdings in Hub Group by 1.3% in the 4th quarter. Invesco Ltd. now owns 1,838,308 shares of the transportation company’s stock worth $81,915,000 after buying an additional 23,674 shares in the last quarter. Bank of Montreal Can boosted its position in Hub Group by 29.7% during the 4th quarter. Bank of Montreal Can now owns 8,440 shares of the transportation company’s stock worth $376,000 after acquiring an additional 1,935 shares during the period. Federated Hermes Inc. grew its stake in shares of Hub Group by 3.1% in the fourth quarter. Federated Hermes Inc. now owns 38,331 shares of the transportation company’s stock worth $1,708,000 after purchasing an additional 1,142 shares in the last quarter. Aristides Capital LLC increased its holdings in shares of Hub Group by 33.0% during the fourth quarter. Aristides Capital LLC now owns 6,716 shares of the transportation company’s stock valued at $299,000 after purchasing an additional 1,668 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Hub Group by 5.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 95,598 shares of the transportation company’s stock valued at $4,260,000 after purchasing an additional 4,587 shares in the last quarter. Institutional investors and hedge funds own 46.77% of the company’s stock.

Hub Group Trading Down 3.3 %

NASDAQ:HUBG opened at $31.63 on Thursday. The stock has a fifty day simple moving average of $38.10 and a 200 day simple moving average of $43.31. 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 firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 18.61 and a beta of 1.04. Hub Group, Inc. has a 1-year low of $31.30 and a 1-year high of $53.21.

Hub Group (NASDAQ:HUBG) last released its quarterly 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%. Sell-side analysts forecast that Hub Group, Inc. will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were issued a $0.125 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.58%. Hub Group’s payout ratio is currently 29.41%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on HUBG shares. Susquehanna decreased their target price on shares of Hub Group from $55.00 to $48.00 and set a “positive” rating for the company in a research report on Wednesday, March 26th. Barclays lowered their price objective on shares of Hub Group from $50.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 2nd. Stifel Nicolaus increased their price target on Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft began coverage on Hub Group in a research report on Friday, March 7th. They set a “hold” rating and a $41.00 price target on the stock. Finally, Benchmark upped their price objective on Hub Group from $47.00 to $49.00 and gave the company a “buy” rating in a report on Friday, January 10th. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $46.73.

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.