Hub Group (NASDAQ:HUBG – Get Free Report) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Sunday, Wall Street Zen reports.
HUBG has been the topic of a number of other research reports. Wells Fargo & Company set a $35.00 price target on shares of Hub Group in a research note on Monday, September 14th. Weiss Ratings lowered shares of Hub Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, September 21st. Raymond James Financial decreased their target price on shares of Hub Group from $48.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, September 17th. Finally, UBS Group reiterated a “neutral” rating on shares of Hub Group in a research note on Tuesday, September 15th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Hub Group has an average rating of “Hold” and an average price target of $41.31.
View Our Latest Stock Report on HUBG
Hub Group Trading Down 0.4%
Institutional Trading of Hub Group
Institutional investors have recently made changes to their positions in the stock. Nykredit A S bought a new stake in shares of Hub Group in the second quarter worth approximately $25,000. State of Wyoming bought a new position in Hub Group during the first quarter valued at approximately $52,000. Versant Capital Management Inc boosted its holdings in Hub Group by 10.6% in the second quarter. Versant Capital Management Inc now owns 2,588 shares of the transportation company’s stock worth $113,000 after purchasing an additional 248 shares during the last quarter. MidFirst Bank purchased a new stake in Hub Group in the fourth quarter worth approximately $153,000. Finally, Headlands Technologies LLC bought a new stake in Hub Group in the 2nd quarter worth approximately $205,000. Hedge funds and other institutional investors own 46.77% of the company’s stock.
Hub Group Company Profile
Hub Group, Inc is a North American transportation and logistics company that provides supply chain solutions to manufacturers, retailers, distributors and other businesses. Its services are designed to help customers move freight efficiently across multiple modes of transportation and manage related logistics activities.
The company’s primary offerings include intermodal transportation, which combines rail and truck services; truck brokerage; dedicated and managed transportation; and final-mile and other logistics services.
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