Hub Group (NASDAQ:HUBG – Get Rating) had its target price trimmed by Stifel Nicolaus from $110.00 to $94.00 in a research note issued to investors on Monday morning, The Fly reports.
Several other brokerages have also recently commented on HUBG. Barclays reduced their target price on shares of Hub Group from $86.00 to $80.00 in a report on Monday. UBS Group downgraded shares of Hub Group from a buy rating to a neutral rating in a research note on Wednesday, January 4th. Robert W. Baird upped their target price on Hub Group from $96.00 to $108.00 in a report on Friday, February 3rd. Cowen raised their price target on Hub Group from $121.00 to $133.00 and gave the company an outperform rating in a research note on Friday, February 3rd. Finally, KeyCorp upped their price objective on Hub Group from $95.00 to $105.00 and gave the stock an overweight rating in a research note on Friday, February 3rd. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of $101.21.
Hub Group Stock Performance
HUBG opened at $76.16 on Monday. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 7.66 and a beta of 0.90. The business’s 50-day moving average price is $84.39 and its two-hundred day moving average price is $83.04. Hub Group has a 1 year low of $66.50 and a 1 year high of $104.67. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.53 and a quick ratio of 1.53.
Institutional Trading of Hub Group
Large investors have recently made changes to their positions in the company. Exchange Traded Concepts LLC acquired a new position in shares of Hub Group during the 1st quarter worth $27,000. Lazard Asset Management LLC bought a new position in shares of Hub Group in the first quarter worth about $46,000. CWM LLC boosted its stake in shares of Hub Group by 49.0% in the 3rd quarter. CWM LLC now owns 785 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 258 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Hub Group by 101.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 807 shares of the transportation company’s stock valued at $56,000 after purchasing an additional 407 shares during the last quarter. Finally, Ronald Blue Trust Inc. grew its stake in shares of Hub Group by 175.6% during the third quarter. Ronald Blue Trust Inc. now owns 915 shares of the transportation company’s stock worth $65,000 after buying an additional 583 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.
About Hub Group
Hub Group, Inc engages in the provision of multi-modal transportation and logistics solutions. Its solutions include intermodal transportation, truck brokerage, asset trucking, and dedicated trucking. It serves the retail, e-commerce, paper, chemical, healthcare, glass, private equity, and automotive industries.
Further Reading
- Get a free copy of the StockNews.com research report on Hub Group (HUBG)
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