Leuthold Group LLC Buys New Position in Hub Group, Inc. $HUBG

Leuthold Group LLC bought a new stake in shares of Hub Group, Inc. (NASDAQ:HUBG) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 74,238 shares of the transportation company’s stock, valued at approximately $3,163,000. Leuthold Group LLC owned 0.12% of Hub Group as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Stephens Investment Management Group LLC raised its holdings in shares of Hub Group by 6.5% during the 4th quarter. Stephens Investment Management Group LLC now owns 331,319 shares of the transportation company’s stock valued at $14,118,000 after buying an additional 20,231 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Hub Group by 78,261.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137,917 shares of the transportation company’s stock worth $5,877,000 after purchasing an additional 137,741 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in Hub Group by 1.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,878 shares of the transportation company’s stock worth $591,000 after purchasing an additional 200 shares during the last quarter. NewEdge Wealth LLC increased its holdings in Hub Group by 12.9% during the 4th quarter. NewEdge Wealth LLC now owns 11,178 shares of the transportation company’s stock worth $476,000 after purchasing an additional 1,273 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new stake in Hub Group during the 4th quarter worth approximately $367,000. 46.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on HUBG shares. Wells Fargo & Company restated an “equal weight” rating and set a $35.00 price objective (down from $55.00) on shares of Hub Group in a report on Thursday, March 26th. Benchmark lowered their price target on Hub Group from $50.00 to $42.00 and set a “buy” rating for the company in a report on Thursday. Stifel Nicolaus boosted their price target on Hub Group from $27.00 to $29.00 and gave the company a “sell” rating in a report on Thursday, April 2nd. Robert W. Baird set a $29.00 price target on Hub Group and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, Zacks Research upgraded Hub Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $43.14.

Hub Group Price Performance

Shares of NASDAQ HUBG opened at $37.35 on Monday. Hub Group, Inc. has a twelve month low of $32.46 and a twelve month high of $53.26. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 21.59, a price-to-earnings-growth ratio of 1.07 and a beta of 1.26. The business has a 50 day simple moving average of $38.84 and a 200-day simple moving average of $40.92.

Hub Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Friday, March 13th were given a dividend of $0.125 per share. The ex-dividend date was Friday, March 13th. This represents a $0.50 dividend on an annualized basis and a yield of 1.3%. Hub Group’s payout ratio is currently 28.90%.

Hub Group Company Profile

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.