Eisler Capital Management Ltd. Takes Position in Hub Group, Inc. (NASDAQ:HUBG)

Eisler Capital Management Ltd. purchased a new stake in Hub Group, Inc. (NASDAQ:HUBG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 140,000 shares of the transportation company’s stock, valued at approximately $6,177,000.

A number of other hedge funds also recently modified their holdings of HUBG. Capital International Investors acquired a new stake in shares of Hub Group in the fourth quarter valued at about $95,105,000. Norges Bank acquired a new position in shares of Hub Group in the 4th quarter worth approximately $41,487,000. Balyasny Asset Management L.P. boosted its stake in shares of Hub Group by 77.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,147,499 shares of the transportation company’s stock valued at $51,133,000 after purchasing an additional 499,621 shares during the last quarter. River Road Asset Management LLC bought a new stake in shares of Hub Group in the 4th quarter valued at $17,458,000. Finally, Segall Bryant & Hamill LLC increased its position in shares of Hub Group by 60.6% during the fourth quarter. Segall Bryant & Hamill LLC now owns 589,141 shares of the transportation company’s stock worth $26,252,000 after buying an additional 222,405 shares during the period. Institutional investors and hedge funds own 46.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Benchmark cut their price target on shares of Hub Group from $49.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, April 23rd. Deutsche Bank Aktiengesellschaft began coverage on Hub Group in a report on Friday, March 7th. They issued a “hold” rating and a $41.00 target price for the company. Barclays reduced their price objective on shares of Hub Group from $50.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 2nd. Susquehanna dropped their target price on shares of Hub Group from $55.00 to $48.00 and set a “positive” rating on the stock in a research report on Wednesday, March 26th. Finally, Stifel Nicolaus raised their price target on shares of Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $46.44.

Hub Group Stock Performance

HUBG opened at $33.09 on Friday. Hub Group, Inc. has a 1-year low of $30.75 and a 1-year high of $53.21. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 19.47 and a beta of 1.13. The company’s fifty day moving average price is $34.94 and its two-hundred day moving average price is $42.05. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.10.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings results on Thursday, May 8th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.02. The business had revenue of $915.22 million during the quarter, compared to the consensus estimate of $973.86 million. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. The company’s quarterly revenue was down 8.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.44 EPS. On average, analysts expect that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Tuesday, March 18th. Hub Group’s dividend payout ratio is 29.41%.

About Hub Group

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.