Cubic Corp. (NYSE:CUB) was up 3.5% during mid-day trading on Monday . The company traded as high as $43.07 and last traded at $42.27, with a volume of 150,550 shares trading hands. The stock had previously closed at $40.84.

Several research analysts have recently commented on the company. Needham & Company LLC upgraded Cubic Corp. from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research report on Monday. Credit Suisse Group AG reiterated a “buy” rating on shares of Cubic Corp. in a research report on Saturday, July 9th. Canaccord Genuity assumed coverage on Cubic Corp. in a research report on Wednesday, June 8th. They set a “buy” rating and a $48.00 target price for the company. Finally, Zacks Investment Research downgraded Cubic Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $47.33.

The stock has a market cap of $1.12 billion and a price-to-earnings ratio of 33.51. The stock has a 50-day moving average of $40.66 and a 200 day moving average of $39.35.

The firm also recently disclosed a semiannual dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be given a $0.135 dividend. The ex-dividend date is Monday, August 29th. This represents a yield of 0.65%.

Several large investors recently bought and sold shares of CUB. Rhumbline Advisers increased its position in shares of Cubic Corp. by 5.4% in the fourth quarter. Rhumbline Advisers now owns 38,546 shares of the company’s stock valued at $1,821,000 after buying an additional 1,985 shares in the last quarter. California State Teachers Retirement System increased its position in shares of Cubic Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 40,098 shares of the company’s stock valued at $1,895,000 after buying an additional 642 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of Cubic Corp. during the fourth quarter valued at $2,685,000. Matarin Capital Management LLC purchased a new position in shares of Cubic Corp. during the fourth quarter valued at $4,919,000. Finally, Principal Financial Group Inc. increased its position in shares of Cubic Corp. by 4.9% in the fourth quarter. Principal Financial Group Inc. now owns 144,180 shares of the company’s stock valued at $6,813,000 after buying an additional 6,740 shares in the last quarter.

Cubic Corporation (Cubic) is an international provider of systems and solutions that address the mass transit and global defense markets. The Company operates through three segments across the global transportation and defense markets, which include Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD Systems) and Cubic Global Defense Services (CGD Services).

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