Acadian Asset Management LLC purchased a new stake in shares of Hub Group Inc (NASDAQ:HUBG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,607 shares of the transportation company’s stock, valued at approximately $60,000.

Other large investors also recently added to or reduced their stakes in the company. First Mercantile Trust Co. purchased a new stake in Hub Group during the 4th quarter valued at $39,000. Quantamental Technologies LLC bought a new position in Hub Group in the 4th quarter valued at $40,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Hub Group by 30.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,336 shares of the transportation company’s stock valued at $87,000 after acquiring an additional 544 shares during the last quarter. Stevens Capital Management LP bought a new position in Hub Group in the 3rd quarter valued at $216,000. Finally, BlueMountain Capital Management LLC grew its position in Hub Group by 330.6% in the 3rd quarter. BlueMountain Capital Management LLC now owns 5,003 shares of the transportation company’s stock valued at $228,000 after acquiring an additional 3,841 shares during the last quarter. Institutional investors own 91.06% of the company’s stock.

HUBG opened at $43.28 on Friday. Hub Group Inc has a 12-month low of $34.02 and a 12-month high of $56.60. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market cap of $1.51 billion, a PE ratio of 16.58 and a beta of 1.68.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, February 7th. The transportation company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.11. Hub Group had a return on equity of 11.14% and a net margin of 4.77%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $972.54 million. During the same quarter in the prior year, the company earned $0.74 EPS. The business’s revenue was up 12.0% compared to the same quarter last year. On average, equities analysts expect that Hub Group Inc will post 3.26 EPS for the current year.

Several equities analysts have commented on HUBG shares. UBS Group downgraded Hub Group from a “buy” rating to a “neutral” rating and cut their price objective for the company from $53.00 to $48.00 in a research report on Tuesday, December 4th. Stephens upped their price objective on Hub Group to $55.00 and gave the company an “overweight” rating in a research report on Friday, February 8th. They noted that the move was a valuation call. BidaskClub raised Hub Group from a “hold” rating to a “buy” rating in a research report on Tuesday, January 29th. ValuEngine raised Hub Group from a “sell” rating to a “hold” rating in a research report on Thursday, January 10th. Finally, Zacks Investment Research raised Hub Group from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research report on Wednesday, December 5th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Hub Group presently has a consensus rating of “Hold” and a consensus target price of $55.90.

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Hub Group Company Profile

Hub Group, Inc, an asset-light freight transportation management company, provides intermodal, truck brokerage, and logistics services in North America. It operates through two segments, Mode and Hub. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over long distances.

Further Reading: Sell-Side Analysts

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Institutional Ownership by Quarter for Hub Group (NASDAQ:HUBG)

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