GAMMA Investing LLC Boosts Stock Holdings in Hub Group, Inc. $HUBG

GAMMA Investing LLC grew its position in shares of Hub Group, Inc. (NASDAQ:HUBG) by 161.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,375 shares of the transportation company’s stock after buying an additional 850 shares during the quarter. GAMMA Investing LLC’s holdings in Hub Group were worth $46,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its stake in Hub Group by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 302,467 shares of the transportation company’s stock valued at $11,243,000 after purchasing an additional 7,729 shares during the last quarter. KBC Group NV boosted its position in shares of Hub Group by 43.3% during the first quarter. KBC Group NV now owns 3,681 shares of the transportation company’s stock valued at $137,000 after buying an additional 1,113 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Hub Group by 40.5% during the first quarter. Blue Trust Inc. now owns 2,478 shares of the transportation company’s stock valued at $92,000 after buying an additional 714 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Hub Group during the fourth quarter valued at $206,000. Finally, Raymond James Financial Inc. boosted its holdings in shares of Hub Group by 14.4% during the 1st quarter. Raymond James Financial Inc. now owns 239,146 shares of the transportation company’s stock valued at $8,890,000 after acquiring an additional 30,083 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

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. dropped their price target on shares of Hub Group from $39.00 to $36.00 and set a “neutral” rating on the stock in a report on Tuesday, July 8th. Baird R W upgraded shares of Hub Group to a “strong-buy” rating in a report on Tuesday, July 1st. Deutsche Bank Aktiengesellschaft upgraded shares of Hub Group from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a report on Wednesday, July 23rd. Robert W. Baird dropped their price target on Hub Group from $44.00 to $42.00 and set an “outperform” rating on the stock in a research note on Monday, August 4th. Finally, Susquehanna dropped their price target 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. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $38.46.

Hub Group Stock Up 0.8%

Shares of NASDAQ HUBG opened at $34.16 on Friday. The firm’s 50-day moving average price is $35.81 and its 200-day moving average price is $34.76. 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 capitalization of $2.09 billion, a price-to-earnings ratio of 20.70, a P/E/G ratio of 1.15 and a beta of 1.12. Hub Group, Inc. has a 12-month low of $30.75 and a 12-month high of $53.21.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.45 earnings per share (EPS) 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 the consensus estimate of $913.53 million. During the same period in the prior year, the business posted $0.47 earnings per share. The company’s quarterly revenue was down 8.2% compared to the same quarter last year. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. On average, equities research analysts anticipate that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Friday, September 12th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, September 12th. Hub Group’s dividend payout ratio is presently 30.30%.

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.