Universal Beteiligungs und Servicegesellschaft mbH Grows Position in Hub Group, Inc. $HUBG

Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Hub Group, Inc. (NASDAQ:HUBG) by 130.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,347 shares of the transportation company’s stock after buying an additional 48,949 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Hub Group were worth $3,683,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HUBG. Royal Bank of Canada grew its holdings in Hub Group by 24.5% during the 1st quarter. Royal Bank of Canada now owns 11,723 shares of the transportation company’s stock valued at $435,000 after buying an additional 2,305 shares in the last quarter. AQR Capital Management LLC grew its holdings in Hub Group by 4.9% during the 1st quarter. AQR Capital Management LLC now owns 59,029 shares of the transportation company’s stock valued at $2,194,000 after buying an additional 2,761 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Hub Group by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,637 shares of the transportation company’s stock valued at $1,325,000 after purchasing an additional 1,542 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Hub Group by 3.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 135,795 shares of the transportation company’s stock worth $5,048,000 after purchasing an additional 4,844 shares during the period. Finally, Intech Investment Management LLC boosted its holdings in shares of Hub Group by 33.3% in the 1st quarter. Intech Investment Management LLC now owns 39,181 shares of the transportation company’s stock worth $1,456,000 after purchasing an additional 9,791 shares during the period. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Hub Group Price Performance

Shares of Hub Group stock opened at $42.77 on Thursday. Hub Group, Inc. has a one year low of $30.75 and a one year high of $53.26. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 1.25 and a beta of 1.16. The stock has a 50 day moving average price of $39.21 and a 200-day moving average price of $40.55.

Hub Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Friday, March 13th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, March 13th. Hub Group’s dividend payout ratio (DPR) is currently 28.90%.

Analysts Set New Price Targets

A number of brokerages have recently commented on HUBG. Wolfe Research reiterated an “outperform” rating and issued a $50.00 target price on shares of Hub Group in a report on Thursday, January 8th. Susquehanna lifted their target price on Hub Group from $42.00 to $55.00 and gave the stock a “positive” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. lifted their target price on Hub Group from $42.00 to $50.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Robert W. Baird set a $29.00 target price on Hub Group and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Hub Group in a report on Friday, March 27th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $43.20.

About Hub Group

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.