Stephens Investment Management Group LLC Has $10.49 Million Stock Holdings in Hub Group, Inc. $HUBG

Stephens Investment Management Group LLC increased its position in Hub Group, Inc. (NASDAQ:HUBGFree Report) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 313,904 shares of the transportation company’s stock after purchasing an additional 569 shares during the quarter. Stephens Investment Management Group LLC owned approximately 0.51% of Hub Group worth $10,494,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its holdings 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 buying an additional 700 shares during the last quarter. GAMMA Investing LLC boosted its holdings 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 buying an additional 850 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in shares of Hub Group by 139,500.0% in the 1st 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. TD Private Client Wealth LLC grew its position in shares of Hub Group by 89.9% in the 1st quarter. TD Private Client Wealth LLC now owns 1,796 shares of the transportation company’s stock valued at $67,000 after purchasing an additional 850 shares during the period. Finally, Quarry LP grew its position in shares of Hub Group by 4,500.0% in the 1st quarter. Quarry LP now owns 1,932 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 1,890 shares during the period. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Hub Group Stock Down 3.1%

HUBG opened at $35.98 on Thursday. Hub Group, Inc. has a 1-year low of $30.75 and a 1-year high of $53.21. The stock’s fifty day simple moving average is $35.89 and its 200 day simple moving average is $34.64. 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 stock has a market cap of $2.20 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12.

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

Hub Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Friday, September 12th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, September 12th. Hub Group’s dividend payout ratio is currently 30.30%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HUBG shares. Benchmark restated a “buy” rating and issued a $40.00 target price on shares of Hub Group in a research note on Wednesday, October 8th. Susquehanna cut their target price on Hub Group from $47.00 to $42.00 and set a “positive” rating on the stock in a research note on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft upgraded Hub Group from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a research note on Wednesday, July 23rd. Barclays cut their target price on Hub Group from $40.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 2nd. Finally, UBS Group reiterated a “neutral” rating and set a $38.00 price objective (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 given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $39.64.

View Our Latest Analysis on Hub Group

Hub Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Hub Group (NASDAQ:HUBG)

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