Is Hub Group Inc (NASDAQ:HUBG) Now a Sell? Robert W. Baird Downgrades Stock


Hub Group Inc (NASDAQ:HUBG) Receives a Downgrade

In a comprehensive report revealed to investors on 18 December, Robert W. Baird has decided to cut their rating on shares of Hub Group Inc (NASDAQ:HUBG) to a Neutral and has set an estimated 52-week TP equal to $36.00. This target is 13.39% from HUBG’s current share price.

From a total of 14 analysts covering Hub Group (NASDAQ:HUBG) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is $48 while the lowest target price is $35. The mean of all analyst targets is $42.04 with a 33.75% above today’s ($31.7) stock price. Hub Group was the topic of 6 analyst reports since August 18, 2015 according to the firm StockzIntelligence Inc. Buckingham Research initiated shares on December 15 with “Neutral” rating. Zacks upgraded shares to “Hold” rating and $46 target share price in a report from an August 18. Zacks downgraded HUBG stock in a recent report from August 27 to “Buy” rating.

The stock decreased 6.65% or $2.26 during the last trading session, striking $31.7. Approximately 1.18 million shares of stock traded hands or 431.22% up from the average. Hub Group Inc (NASDAQ:HUBG) has declined 20.15% since May 15, 2015 and is downtrending. It has underperformed by 16.34% the S&P500.

The overall sentiment of institutions has decreased to 0.94 in Q2 2015. Its down 0.01, from 0.95 in 2015Q2. The ratio turned negative, as 26 institutions have sold all the shares of Hub Group Inc that they owned while 52 funds have taken shares off the table. 12 funds have purchased shares for the first time while 61 added to their positions. These institutions now hold 43.34 million shares or 19.08% more than the 36.40 million shares they owned in 2015Q2.

The Fund Park Presidio Capital Llc currently is holding shares equating to 5.33% of its total portfolio in Hub Group Inc representing a total of 621,655 shares. Another fund,Ack Asset Management Llc, is holding a total of 214,300 shares equating to 3.27% of their holdings. Additionally, Diamond Hill Capital Management Inc has a 3.49 million share stake in Hub Group Inc which represents 0.88% of their total portfolio. The Fund, Kalmar Investments Inc De, based out of Delaware, has also built up a stake in the stock, which represents a total of 0.85% of their total portfolio. Finally Whitnell & Co., a fund which is based in the state of Illinois reported a total holdings of 38,883 shares.

Insider activity is a very important aspect to track on any stock. Going back to May 20, 2015, shareholders of Hub Group Inc have witnessed 0 insider buys, and a total of 1 insider sale equating to a net activity of approximately $254,867 . Reaves Charles R sold 6,000 shares worth approximately $254,867. Kravas Christopher R sold 2,000 shares worth approximately $86,800.

Hub Group, Inc. is an asset-light freight transportation management company. The company has a market cap of $1.26 billion. The Firm is an intermodal marketing firm in the United States, a truck broker and a full service transportation provider. It has 17.65 P/E ratio. The Firm operates through two business divisions, namely, Mode and Hub.

According to Zacks Investment Research, “Hub Group, Inc. is a full service transportation provider, offering intermodal, truck brokerage and comprehensive logistics services.”