Anchor Capital Advisors LLC reduced its holdings in shares of Hub Group Inc (NASDAQ:HUBG) by 23.7% in the 4th quarter, HoldingsChannel reports. The fund owned 21,821 shares of the transportation company’s stock after selling 6,791 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Hub Group were worth $1,045,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in HUBG. Fieldpoint Private Securities LLC acquired a new position in shares of Hub Group during the 3rd quarter worth about $100,000. Zions Bancorporation acquired a new stake in shares of Hub Group in the 3rd quarter valued at about $143,000. Public Employees Retirement System of Ohio boosted its position in shares of Hub Group by 12.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,079 shares of the transportation company’s stock valued at $195,000 after purchasing an additional 573 shares during the period. CIBC Asset Management Inc acquired a new stake in shares of Hub Group in the 4th quarter valued at about $205,000. Finally, Aperio Group LLC acquired a new stake in shares of Hub Group in the 4th quarter valued at about $217,000. 92.90% of the stock is owned by institutional investors and hedge funds.

Shares of Hub Group Inc (HUBG) opened at $43.75 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market capitalization of $1,531.67, a P/E ratio of 10.80, a price-to-earnings-growth ratio of 1.30 and a beta of 1.40. Hub Group Inc has a one year low of $33.17 and a one year high of $52.50.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, February 8th. The transportation company reported $0.74 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.22. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.10 billion. Hub Group had a return on equity of 55.78% and a net margin of 8.60%. The firm’s revenue was up 18.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 EPS. equities research analysts predict that Hub Group Inc will post 2.3 earnings per share for the current year.

HUBG has been the subject of a number of research analyst reports. Buckingham Research initiated coverage on Hub Group in a research report on Friday, October 20th. They issued a “neutral” rating and a $43.00 target price for the company. Stephens reissued an “overweight” rating and issued a $57.00 target price (up from $50.00) on shares of Hub Group in a research report on Thursday, December 14th. Zacks Investment Research raised Hub Group from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a research report on Tuesday, January 16th. Robert W. Baird raised Hub Group from a “neutral” rating to an “outperform” rating and upped their target price for the company from $45.00 to $55.00 in a research report on Tuesday, December 19th. Finally, Barclays reissued a “sell” rating and issued a $45.00 target price on shares of Hub Group in a research report on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $48.42.

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Hub Group Profile

Hub Group, Inc is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services. It operates through two business segments: Mode and Hub. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents entering into contractual arrangements with Mode Transportation, LLC (Mode LLC).

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

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