Hub Group, Inc. $HUBG Shares Sold by Amundi

Amundi cut its position in Hub Group, Inc. (NASDAQ:HUBG) by 18.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,312 shares of the transportation company’s stock after selling 8,731 shares during the period. Amundi owned 0.06% of Hub Group worth $1,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its stake in shares of Hub Group by 2.6% in the first quarter. Principal Financial Group Inc. now owns 302,467 shares of the transportation company’s stock worth $11,243,000 after acquiring an additional 7,729 shares during the last quarter. KBC Group NV boosted its stake in shares of Hub Group by 43.3% in the first quarter. KBC Group NV now owns 3,681 shares of the transportation company’s stock worth $137,000 after acquiring an additional 1,113 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Hub Group by 40.5% in the first quarter. Blue Trust Inc. now owns 2,478 shares of the transportation company’s stock worth $92,000 after acquiring an additional 714 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Hub Group in the fourth quarter worth approximately $206,000. Finally, Raymond James Financial Inc. boosted its stake in shares of Hub Group by 14.4% in the first quarter. Raymond James Financial Inc. now owns 239,146 shares of the transportation company’s stock worth $8,890,000 after acquiring an additional 30,083 shares during the last quarter. 46.77% of the stock is owned by institutional investors and hedge funds.

Hub Group Price Performance

HUBG stock opened at $35.99 on Friday. 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 company has a market capitalization of $2.20 billion, a PE ratio of 21.81, a P/E/G ratio of 1.25 and a beta of 1.15. Hub Group, Inc. has a 12-month low of $30.75 and a 12-month high of $53.21. The business’s fifty day moving average price is $35.75 and its 200 day moving average price is $35.14.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data 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. The firm had revenue of $905.65 million for the quarter, compared to the consensus estimate of $913.53 million. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The company’s quarterly revenue was down 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.47 EPS. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. On average, 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 disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Friday, September 12th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, September 12th. Hub Group’s payout ratio is currently 30.30%.

Wall Street Analyst Weigh In

HUBG has been the topic of a number of recent research reports. Stifel Nicolaus lowered their price objective on Hub Group from $46.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, August 1st. Baird R W raised Hub Group to a “strong-buy” rating in a research note on Tuesday, July 1st. Susquehanna boosted their price objective on Hub Group from $46.00 to $47.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. JPMorgan Chase & Co. lowered their price objective on Hub Group from $39.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft raised Hub Group from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research note on Wednesday, July 23rd. One research 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 company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.35.

Hub Group 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.