Cramer Rosenthal Mcglynn LLC Grows Position in Hub Group, Inc. (NASDAQ:HUBG)

Cramer Rosenthal Mcglynn LLC boosted its stake in Hub Group, Inc. (NASDAQ:HUBG) by 18.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 701,978 shares of the transportation company’s stock after buying an additional 109,227 shares during the period. Hub Group makes up approximately 1.8% of Cramer Rosenthal Mcglynn LLC’s portfolio, making the stock its 19th biggest position. Cramer Rosenthal Mcglynn LLC’s holdings in Hub Group were worth $31,280,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of HUBG. Nomura Asset Management Co. Ltd. raised its stake in shares of Hub Group by 48.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 310 shares during the period. Smartleaf Asset Management LLC lifted its stake in Hub Group by 286.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company’s stock worth $68,000 after purchasing an additional 1,142 shares in the last quarter. Sterling Capital Management LLC boosted its position in shares of Hub Group by 803.3% during the fourth quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company’s stock worth $84,000 after buying an additional 1,679 shares during the period. Blue Trust Inc. grew its stake in shares of Hub Group by 24.8% in the fourth quarter. Blue Trust Inc. now owns 2,261 shares of the transportation company’s stock valued at $103,000 after buying an additional 450 shares in the last quarter. Finally, KBC Group NV raised its holdings in shares of Hub Group by 35.3% in the 4th quarter. KBC Group NV now owns 2,568 shares of the transportation company’s stock valued at $114,000 after buying an additional 670 shares during the period. Institutional investors and hedge funds own 46.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HUBG. Deutsche Bank Aktiengesellschaft assumed coverage on Hub Group in a research report on Friday, March 7th. They issued a “hold” rating and a $41.00 target price for the company. Susquehanna decreased their price target on shares of Hub Group from $55.00 to $48.00 and set a “positive” rating for the company in a research report on Wednesday, March 26th. Barclays reduced their price objective on Hub Group from $50.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 2nd. Benchmark upped their price target on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Stifel Nicolaus lifted their price objective on Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $46.73.

Hub Group Stock Up 2.1 %

Shares of NASDAQ:HUBG opened at $32.30 on Friday. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.10. The firm has a 50 day simple moving average of $37.91 and a 200-day simple moving average of $43.21. The company has a market capitalization of $1.99 billion, a PE ratio of 19.00 and a beta of 1.04. Hub Group, Inc. has a twelve month low of $31.30 and a twelve month high of $53.21.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. Hub Group had a net margin of 2.64% and a return on equity of 7.10%. On average, equities analysts predict that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were given a dividend of $0.125 per share. The ex-dividend date was Tuesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.55%. Hub Group’s dividend payout ratio (DPR) is presently 29.41%.

Hub Group Company Profile

Hub Group, Inc, a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.