Hub Group, Inc. (HUBG) Holdings Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in shares of Hub Group, Inc. (NASDAQ:HUBG) by 1.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,549,524 shares of the transportation company’s stock after purchasing an additional 31,287 shares during the period. Dimensional Fund Advisors LP owned approximately 7.47% of Hub Group worth $109,502,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Texas Permanent School Fund lifted its position in shares of Hub Group by 0.9% during the second quarter. Texas Permanent School Fund now owns 24,441 shares of the transportation company’s stock worth $937,000 after purchasing an additional 208 shares in the last quarter. Macquarie Group Ltd. lifted its position in shares of Hub Group by 0.8% during the second quarter. Macquarie Group Ltd. now owns 30,566 shares of the transportation company’s stock worth $1,172,000 after purchasing an additional 232 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its position in shares of Hub Group by 4.1% during the second quarter. Municipal Employees Retirement System of Michigan now owns 7,900 shares of the transportation company’s stock worth $303,000 after purchasing an additional 310 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Hub Group by 12.7% during the second quarter. Public Employees Retirement System of Ohio now owns 5,079 shares of the transportation company’s stock worth $195,000 after purchasing an additional 573 shares in the last quarter. Finally, Piermont Capital Management Inc. lifted its position in shares of Hub Group by 1.1% during the second quarter. Piermont Capital Management Inc. now owns 56,300 shares of the transportation company’s stock worth $2,159,000 after purchasing an additional 640 shares in the last quarter. Institutional investors own 93.87% of the company’s stock.

Shares of Hub Group, Inc. (NASDAQ:HUBG) opened at $46.70 on Tuesday. 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 firm has a market cap of $1,586.25, a P/E ratio of 27.19, a P/E/G ratio of 1.82 and a beta of 1.49. Hub Group, Inc. has a 12 month low of $33.17 and a 12 month high of $52.50.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, October 26th. The transportation company reported $0.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.06. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Hub Group had a net margin of 1.39% and a return on equity of 8.87%. Hub Group’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.54 earnings per share. analysts predict that Hub Group, Inc. will post 1.7 EPS for the current year.

A number of equities analysts have recently issued reports on the stock. Stephens reiterated an “overweight” rating and set a $57.00 target price (up from $50.00) on shares of Hub Group in a research report on Thursday, December 14th. Barclays upped their target price on shares of Hub Group from $38.00 to $40.00 and gave the stock an “underweight” rating in a research report on Monday, October 2nd. KeyCorp reiterated a “hold” rating on shares of Hub Group in a research report on Tuesday, September 26th. Zacks Investment Research lowered shares of Hub Group from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. Finally, Loop Capital assumed coverage on shares of Hub Group in a research report on Tuesday, October 3rd. They set a “hold” rating and a $47.00 target price on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. Hub Group presently has a consensus rating of “Hold” and a consensus target price of $46.75.

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About Hub Group

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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