Hub Group Inc (NASDAQ:HUBG) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 424,674 shares, a drop of 28.0% from the February 15th total of 589,484 shares. Based on an average trading volume of 203,593 shares, the short-interest ratio is presently 2.1 days. Approximately 1.3% of the shares of the company are short sold.

A number of analysts recently weighed in on the stock. BidaskClub raised shares of Hub Group from a “hold” rating to a “buy” rating in a report on Tuesday, January 29th. ValuEngine lowered shares of Hub Group from a “hold” rating to a “sell” rating in a research report on Thursday, December 13th. Zacks Investment Research upgraded shares of Hub Group from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Wednesday, December 5th. Stephens increased their target price on shares of 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. Finally, UBS Group lowered shares of Hub Group from a “buy” rating to a “neutral” rating and decreased their target price for the company from $53.00 to $48.00 in a research report on Tuesday, December 4th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Hub Group currently has an average rating of “Hold” and a consensus price target of $55.90.

Shares of HUBG opened at $42.80 on Friday. The stock has a market capitalization of $1.51 billion, a P/E ratio of 16.40 and a beta of 1.68. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.12 and a quick ratio of 1.12. Hub Group has a 52-week low of $34.02 and a 52-week high of $56.60.

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

Several large investors have recently bought and sold shares of the company. Piedmont Investment Advisors Inc. boosted its position in shares of Hub Group by 3.0% during the 4th quarter. Piedmont Investment Advisors Inc. now owns 7,982 shares of the transportation company’s stock valued at $296,000 after purchasing an additional 229 shares in the last quarter. Stifel Financial Corp boosted its position in shares of Hub Group by 2.8% during the 4th quarter. Stifel Financial Corp now owns 10,497 shares of the transportation company’s stock valued at $389,000 after purchasing an additional 286 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Hub Group by 28.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,076 shares of the transportation company’s stock valued at $76,000 after purchasing an additional 456 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Hub Group by 2.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 24,068 shares of the transportation company’s stock valued at $892,000 after purchasing an additional 529 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Hub Group by 30.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,336 shares of the transportation company’s stock valued at $87,000 after purchasing an additional 544 shares in the last quarter. Institutional investors own 91.06% of the company’s stock.

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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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