Hub Group, Inc. $HUBG Shares Sold by Deutsche Bank AG

Deutsche Bank AG cut its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG) by 4.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 63,659 shares of the transportation company’s stock after selling 2,659 shares during the period. Deutsche Bank AG owned 0.10% of Hub Group worth $2,366,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in HUBG. Farther Finance Advisors LLC increased its position in shares of Hub Group by 440.3% in the 1st quarter. Farther Finance Advisors LLC now owns 859 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 700 shares during the period. TD Private Client Wealth LLC increased 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 acquiring an additional 850 shares during the period. Sterling Capital Management LLC increased its position in shares of Hub Group by 803.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company’s stock valued at $84,000 after acquiring an additional 1,679 shares during the period. Blue Trust Inc. increased its position in shares of Hub Group by 40.5% in the 1st quarter. Blue Trust Inc. now owns 2,478 shares of the transportation company’s stock valued at $92,000 after acquiring an additional 714 shares during the period. Finally, KBC Group NV increased its position in shares of Hub Group by 43.3% in the 1st quarter. KBC Group NV now owns 3,681 shares of the transportation company’s stock valued at $137,000 after acquiring an additional 1,113 shares during the period. 46.77% of the stock is owned by institutional investors and hedge funds.

Hub Group Price Performance

NASDAQ:HUBG opened at $34.92 on Thursday. Hub Group, Inc. has a one year low of $30.75 and a one year high of $53.21. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 1.21 and a beta of 1.12. The firm’s fifty day moving average is $34.71 and its two-hundred day moving average is $35.83.

Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.01. Hub Group had a net margin of 2.65% and a return on equity of 6.81%. The business had revenue of $905.65 million for the quarter, compared to analyst estimates of $913.53 million. During the same period in the prior year, the company posted $0.47 EPS. The company’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. Research analysts expect 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 was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, June 23rd. Hub Group’s dividend payout ratio is presently 30.30%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Benchmark cut their target price on Hub Group from $40.00 to $33.13 and set a “buy” rating on the stock in a research report on Friday, May 9th. Robert W. Baird cut their target price on Hub Group from $44.00 to $42.00 and set an “outperform” rating on the stock in a research report on Monday, August 4th. Barclays cut their target price on Hub Group from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, May 12th. TD Cowen cut their target price on Hub Group from $40.00 to $36.00 and set a “hold” rating on the stock in a research report on Friday, May 9th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $40.35.

About Hub Group

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.