Stephens Inc. AR lowered its position in Hub Group Inc (NASDAQ:HUBG) by 91.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,934 shares of the transportation company’s stock after selling 19,812 shares during the quarter. Stephens Inc. AR’s holdings in Hub Group were worth $72,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of HUBG. State Board of Administration of Florida Retirement System increased its stake in Hub Group by 10.7% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 26,203 shares of the transportation company’s stock worth $1,195,000 after buying an additional 2,537 shares in the last quarter. US Bancorp DE grew its position in shares of Hub Group by 17.0% in the third quarter. US Bancorp DE now owns 10,035 shares of the transportation company’s stock valued at $457,000 after purchasing an additional 1,456 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Hub Group by 3.9% in the third quarter. Wells Fargo & Company MN now owns 56,906 shares of the transportation company’s stock valued at $2,595,000 after purchasing an additional 2,156 shares in the last quarter. Stone Ridge Asset Management LLC grew its position in shares of Hub Group by 17.6% in the third quarter. Stone Ridge Asset Management LLC now owns 13,208 shares of the transportation company’s stock valued at $602,000 after purchasing an additional 1,977 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Hub Group by 360.1% in the third quarter. SG Americas Securities LLC now owns 43,469 shares of the transportation company’s stock valued at $1,982,000 after purchasing an additional 34,022 shares in the last quarter. Hedge funds and other institutional investors own 91.06% of the company’s stock.

NASDAQ:HUBG traded up $0.12 during trading hours on Friday, reaching $43.40. 1,218 shares of the stock were exchanged, compared to its average volume of 235,290. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.24. Hub Group Inc has a twelve month low of $34.02 and a twelve month high of $56.60. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 16.65 and a beta of 1.68.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, February 7th. The transportation company reported $1.01 earnings per share 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 analyst estimates of $972.54 million. During the same quarter in the prior year, the company earned $0.74 earnings per share. The company’s revenue was up 12.0% on a year-over-year basis. On average, sell-side analysts expect that Hub Group Inc will post 3.26 EPS for the current fiscal year.

A number of research firms have recently issued reports on HUBG. Stephens upped their price target 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. UBS Group lowered Hub Group from a “buy” rating to a “neutral” rating and dropped their price target for the company from $53.00 to $48.00 in a research report on Tuesday, December 4th. BidaskClub lowered Hub Group from a “buy” rating to a “hold” rating in a research report on Monday, February 25th. Zacks Investment Research lowered Hub Group from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. Finally, ValuEngine upgraded Hub Group from a “sell” rating to a “hold” rating in a research report on Thursday, January 10th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently 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.

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

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