EP Wealth Advisors LLC Buys 776 Shares of Hub Group, Inc. $HUBG

EP Wealth Advisors LLC increased its stake in shares of Hub Group, Inc. (NASDAQ:HUBG) by 15.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,785 shares of the transportation company’s stock after acquiring an additional 776 shares during the period. EP Wealth Advisors LLC’s holdings in Hub Group were worth $215,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Deutsche Bank AG increased its holdings in Hub Group by 36.9% during the 4th quarter. Deutsche Bank AG now owns 66,318 shares of the transportation company’s stock worth $2,955,000 after purchasing an additional 17,865 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Hub Group during the fourth quarter worth about $223,000. Jacobs Levy Equity Management Inc. grew its holdings in shares of Hub Group by 3.9% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 13,343 shares of the transportation company’s stock worth $595,000 after buying an additional 506 shares in the last quarter. Lazard Asset Management LLC raised its position in Hub Group by 48.7% in the 4th quarter. Lazard Asset Management LLC now owns 24,936 shares of the transportation company’s stock valued at $1,111,000 after buying an additional 8,169 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Hub Group by 2.1% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,095 shares of the transportation company’s stock valued at $1,519,000 after buying an additional 685 shares during the last quarter. 46.77% of the stock is owned by institutional investors and hedge funds.

Hub Group Stock Performance

Shares of HUBG opened at $36.41 on Wednesday. The company has a market cap of $2.23 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 1.24 and a beta of 1.15. The firm has a 50-day moving average of $35.71 and a 200-day moving average of $35.21. 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 current ratio of 1.42 and a quick ratio of 1.42.

Hub Group (NASDAQ:HUBG) last issued its earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $913.53 million. During the same period last year, the business posted $0.47 EPS. Hub Group’s revenue 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, equities analysts forecast that Hub Group, Inc. will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Friday, September 12th will be given 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 of this dividend is Friday, September 12th. Hub Group’s dividend payout ratio (DPR) is presently 30.30%.

Analyst Upgrades and Downgrades

HUBG has been the subject of a number of recent research reports. Robert W. Baird reduced their price target on Hub Group from $44.00 to $42.00 and set an “outperform” rating for the company in a research report on Monday, August 4th. Stifel Nicolaus reduced their target price on shares of Hub Group from $46.00 to $45.00 and set a “buy” rating for the company in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft upgraded shares of Hub Group from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Wednesday, July 23rd. Baird R W upgraded shares of Hub Group to a “strong-buy” rating in a research note on Tuesday, July 1st. Finally, JPMorgan Chase & Co. decreased their price objective on Hub Group from $39.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Hub Group presently has an average rating of “Moderate Buy” and a consensus price target of $40.35.

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.