Fox Run Management L.L.C. Invests $319,000 in Hub Group, Inc. $HUBG

Fox Run Management L.L.C. bought a new stake in Hub Group, Inc. (NASDAQ:HUBG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 9,547 shares of the transportation company’s stock, valued at approximately $319,000.

Several other institutional investors also recently bought and sold shares of the stock. GAMMA Investing LLC increased its stake in Hub Group by 161.9% in the 2nd quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after purchasing an additional 850 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in shares of 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 valued at $52,000 after purchasing an additional 1,395 shares during the period. Quarry LP grew its holdings in shares of Hub Group by 4,500.0% in the first quarter. Quarry LP now owns 1,932 shares of the transportation company’s stock worth $72,000 after purchasing an additional 1,890 shares during the last quarter. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Hub Group in the second quarter worth $211,000. Finally, EP Wealth Advisors LLC raised its holdings in Hub Group by 15.5% during the 1st quarter. EP Wealth Advisors LLC now owns 5,785 shares of the transportation company’s stock valued at $215,000 after buying an additional 776 shares during the last quarter. 46.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on HUBG shares. Raymond James Financial set a $40.00 price target on shares of Hub Group and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Zacks Research downgraded shares of Hub Group from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. Stifel Nicolaus set a $41.00 target price on Hub Group and gave the stock a “buy” rating in a research note on Friday, October 3rd. Susquehanna reduced their price target on Hub Group from $47.00 to $42.00 and set a “positive” rating on the stock in a report on Wednesday, September 24th. Finally, UBS Group reaffirmed a “neutral” rating and set a $38.00 price target (up previously from $36.00) on shares of Hub Group in a research report on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $39.83.

Hub Group Trading Up 0.9%

Shares of HUBG opened at $35.96 on Thursday. Hub Group, Inc. has a 1-year low of $30.75 and a 1-year high of $53.21. 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 firm’s 50-day moving average price is $35.64 and its 200-day moving average price is $34.96. The firm has a market capitalization of $2.20 billion, a price-to-earnings ratio of 21.79, a PEG ratio of 1.23 and a beta of 1.14.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, hitting the consensus estimate of $0.49. The business had revenue of $934.50 million during the quarter, compared to analyst estimates of $937.78 million. Hub Group had a net margin of 2.65% and a return on equity of 6.81%. Hub Group’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same period last year, the business posted $0.52 earnings per share. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. Sell-side analysts anticipate that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Friday, September 12th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, September 12th. Hub Group’s dividend payout ratio (DPR) is presently 28.90%.

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.