Teacher Retirement System of Texas bought a new position in Hub Group Inc (NASDAQ:HUBG) during the fourth quarter, Holdings Channel reports. The fund bought 11,527 shares of the transportation company’s stock, valued at approximately $552,000.

Several other institutional investors have also bought and sold shares of the company. Public Employees Retirement System of Ohio increased its holdings in shares of Hub Group by 12.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,079 shares of the transportation company’s stock worth $195,000 after buying an additional 573 shares during the last quarter. Macquarie Group Ltd. increased its holdings in shares of Hub Group by 3.9% in the 3rd quarter. Macquarie Group Ltd. now owns 31,746 shares of the transportation company’s stock worth $1,363,000 after buying an additional 1,180 shares during the last quarter. American International Group Inc. increased its holdings in shares of Hub Group by 5.7% in the 3rd quarter. American International Group Inc. now owns 25,951 shares of the transportation company’s stock worth $1,115,000 after buying an additional 1,399 shares during the last quarter. Fieldpoint Private Securities LLC bought a new stake in shares of Hub Group in the 3rd quarter worth about $100,000. Finally, Peregrine Capital Management LLC increased its holdings in shares of Hub Group by 0.7% in the 4th quarter. Peregrine Capital Management LLC now owns 406,175 shares of the transportation company’s stock worth $19,456,000 after buying an additional 2,625 shares during the last quarter. Hedge funds and other institutional investors own 93.63% of the company’s stock.

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A number of research firms have recently weighed in on HUBG. BidaskClub upgraded shares of Hub Group from a “sell” rating to a “hold” rating in a report on Tuesday. Loop Capital boosted their target price on shares of Hub Group to $52.00 and gave the stock a “hold” rating in a report on Monday, February 12th. Zacks Investment Research upgraded shares of Hub Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Robert W. Baird upgraded shares of Hub Group from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $45.00 to $55.00 in a report on Tuesday, December 19th. Finally, Barclays restated a “sell” rating and issued a $45.00 target price on shares of Hub Group in a report on Wednesday, December 13th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. Hub Group currently has an average rating of “Hold” and a consensus target price of $48.38.

Hub Group Inc (NASDAQ:HUBG) opened at $45.00 on Wednesday. The company has a market cap of $1,540.22, a PE ratio of 23.58, a P/E/G ratio of 1.28 and a beta of 1.43. Hub Group Inc has a fifty-two week low of $33.17 and a fifty-two week high of $52.25. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings results on Thursday, February 8th. The transportation company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.52 by $0.22. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.10 billion. Hub Group had a net margin of 3.35% and a return on equity of 9.36%. The firm’s revenue was up 18.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.55 EPS. equities analysts predict that Hub Group Inc will post 2.33 earnings per share for the current fiscal year.

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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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