In a report sent to investors and clients on Thursday, the brokerage assigned a 'hold' rating. The brokerage assigned a rating of 'hold' to the stock of the transportation company.
Several other analysts also published reports on HUBG. Stephens cut their price target for Hub Group shares from $95.00 down to $90.00 in a report published on Thursday 30th March. They also set an equal weight rating. In a report published on Monday, May 1, 51job reiterated a rating of'maintains.' on Hub Group shares. Susquehanna reduced their price target on Hub Group shares from $105.00 down to $95.00, in a report published on Friday April 28th. Cowen increased their price target on shares of Hub Group, from $121.00 up to $133.00 in a report published on Friday, February 3. The company was also given an "outperform" rating. Robert W. Baird also raised its price target on Hub Group shares from $96.00 up to $108.00, in a report published on Friday, 2nd February. Six analysts have given the stock a hold recommendation and seven others have given it a buy recommendation. The stock fell $0.02 in the trading hours of Thursday to $75.13. The company's stock changed hands in 250,841 units, as opposed to the average of 280.038, a volume that is 2.81038. Hub Group's 52-week low is $66.50, and its 52-week high is $104.67. The company's debt-to equity ratio is 0.14. Its quick ratio is 1.68, and its current ratio is 1.68. The fifty-day simple moving is $79.21, and the two hundred day simple is $82.91. The market cap is $2.51 billion. It has a price to earnings ratio of 7.56, and a beta value of 0.90.
The company last released its results on April 27th. The transportation company posted $1.88 per share for the quarter. This was $0.02 higher than the consensus estimate of the $1.86. Hub Group's net margin was 6.38%, and its return on equity was 20.99%. The company's revenue was $1.20 billion, which is higher than analysts' expectations of $1.2 billion. In the same quarter last year, the company reported $2.58 in earnings per share. Revenue for the third quarter of 2013 was down 7.6% compared to last year. Analysts expect Hub Group to post 6.62 earnings per share for the current fiscal period.
Inflows of Institutional Capital and Outflows
Recently, several hedge funds increased or decreased their stakes. Royal Bank of Canada increased its holdings of Hub Group shares by 3.6% during the third quarter. Royal Bank of Canada owns now 3,704 shares of Hub Group's stock, worth $255,000. This is after purchasing an additional 127 in the third quarter. Captrust Financial Advisors increased its holdings of Hub Group shares by 3.6% in the third quarter. Captrust Financial Advisors owns 4,010 of the transportation company stock, valued at $277,000. This is after adding 140 additional shares. Verdence Capital Advisors LLC increased its holdings of Hub Group shares by 2.9% during the third quarter. Verdence Capital Advisors LLC owns now 5,232 shares worth $361,000. This is after buying an additional 145 during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Hub Group shares by 1.2% over the fourth quarter. Mirae Asset Global Investments Co. Ltd. owns now 14,408 shares worth $1,145,000 of the stock of the transportation company after buying an additional 171 in the last quarter. Parkside Financial Bank & Trust increased its holdings of Hub Group by 37.0% in the first quarter. Parkside Financial Bank & Trust owns 774 of the company's shares valued at $65,000, after buying an additional 209 during the last quarter. Institutional investors and hedge fund own 94.46% the company's shares.
Hub Group, Inc provides multi-modal logistics and transportation solutions. Intermodal transportation, truck brokering, asset trucking and dedicated trucking are among its solutions. It is a service provider for the automotive, retail, ecommerce, paper and chemical industries, healthcare, private equity and glass.
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