Hub Group, Inc. $HUBG Shares Sold by Blair William & Co. IL

Blair William & Co. IL reduced its holdings in Hub Group, Inc. (NASDAQ:HUBG) by 3.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,723 shares of the transportation company’s stock after selling 547 shares during the quarter. Blair William & Co. IL’s holdings in Hub Group were worth $492,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Farther Finance Advisors LLC increased its stake in Hub Group by 440.3% during the first quarter. Farther Finance Advisors LLC now owns 859 shares of the transportation company’s stock worth $32,000 after acquiring an additional 700 shares during the last quarter. GAMMA Investing LLC increased its stake in Hub Group by 161.9% during the second quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after acquiring an additional 850 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Hub Group by 139,500.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,396 shares of the transportation company’s stock worth $52,000 after acquiring an additional 1,395 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Hub Group by 89.9% during the first quarter. TD Private Client Wealth LLC now owns 1,796 shares of the transportation company’s stock worth $67,000 after acquiring an additional 850 shares during the last quarter. Finally, Quarry LP increased its stake in Hub Group by 4,500.0% during the first quarter. Quarry LP now owns 1,932 shares of the transportation company’s stock worth $72,000 after acquiring an additional 1,890 shares during the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Barclays lowered their target price on Hub Group from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, October 2nd. Baird R W upgraded Hub Group to a “strong-buy” rating in a research note on Tuesday, July 1st. Deutsche Bank Aktiengesellschaft upgraded Hub Group from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a research note on Wednesday, July 23rd. Zacks Research lowered Hub Group from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. Finally, UBS Group reiterated a “neutral” rating and issued a $38.00 target price (up previously from $36.00) on shares of Hub Group in a research note on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $39.64.

Hub Group Stock Down 0.4%

Shares of Hub Group stock opened at $36.51 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.08. The business’s 50 day simple moving average is $35.83 and its 200-day simple moving average is $34.61. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 1.26 and a beta of 1.12. Hub Group, Inc. has a twelve month low of $30.75 and a twelve month high of $53.21.

Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, July 31st. The transportation company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The firm had revenue of $905.65 million for the quarter, compared to analysts’ expectations of $913.53 million. During the same period last year, the firm earned $0.47 EPS. The firm’s revenue was down 8.2% compared to the same quarter last year. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. Equities research analysts forecast that Hub Group, Inc. will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Friday, September 12th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. Hub Group’s dividend payout ratio (DPR) is currently 30.30%.

Hub Group Profile

Hub Group, Inc, a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.