Hub Group (NASDAQ:HUBG) Director Buys $199,671.18 in Stock

Hub Group, Inc. (NASDAQ:HUBG) Director Gary Yablon acquired 4,566 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was acquired at an average price of $43.73 per share, with a total value of $199,671.18. Following the completion of the transaction, the director directly owned 32,778 shares of the company’s stock, valued at $1,433,381.94. This trade represents a 16.18% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Hub Group Stock Performance

Hub Group stock traded up $0.45 during midday trading on Monday, hitting $43.22. 1,022,670 shares of the company’s stock were exchanged, compared to its average volume of 613,941. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 24.98, a price-to-earnings-growth ratio of 1.50 and a beta of 1.16. Hub Group, Inc. has a 12-month low of $30.75 and a 12-month high of $49.60. The firm’s 50 day simple moving average is $36.95 and its 200 day simple moving average is $35.75. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.47 and a current ratio of 1.47.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, hitting the consensus estimate of $0.49. Hub Group had a net margin of 2.82% and a return on equity of 6.58%. The firm had revenue of $934.50 million during the quarter, compared to analyst estimates of $937.78 million. During the same quarter in the prior year, the business posted $0.52 earnings per share. Hub Group’s revenue for the quarter was down 5.3% compared to the same quarter last year. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. Equities research analysts predict that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, December 5th. Hub Group’s dividend payout ratio is presently 28.90%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HUBG. Stifel Nicolaus set a $41.00 price target on Hub Group and gave the company a “buy” rating in a research note on Friday, October 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Hub Group in a report on Monday, December 8th. Barclays cut their price target 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. Susquehanna lowered their price target on Hub Group from $47.00 to $42.00 and set a “positive” rating for the company in a research report on Wednesday, September 24th. Finally, Benchmark reaffirmed a “buy” rating and set a $40.00 target price on shares of Hub Group in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $40.79.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Invesco Ltd. lifted its holdings in Hub Group by 4.4% during the 1st quarter. Invesco Ltd. now owns 1,919,026 shares of the transportation company’s stock valued at $71,330,000 after purchasing an additional 80,718 shares during the last quarter. Nuveen LLC bought a new position in shares of Hub Group during the first quarter worth approximately $28,380,000. Russell Investments Group Ltd. boosted its holdings in shares of Hub Group by 9.1% during the 1st quarter. Russell Investments Group Ltd. now owns 28,489 shares of the transportation company’s stock valued at $1,059,000 after acquiring an additional 2,369 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Hub Group by 139,500.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,396 shares of the transportation company’s stock valued at $52,000 after acquiring an additional 1,395 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its stake in Hub Group by 22.8% in the first quarter. Vestmark Advisory Solutions Inc. now owns 9,273 shares of the transportation company’s stock valued at $345,000 after purchasing an additional 1,722 shares in the last quarter. 46.77% of the stock is owned by institutional investors and hedge funds.

Hub Group Company 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.