Nisa Investment Advisors LLC Cuts Holdings in Hub Group, Inc. $HUBG

Nisa Investment Advisors LLC trimmed its position in Hub Group, Inc. (NASDAQ:HUBG) by 93.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,960 shares of the transportation company’s stock after selling 28,902 shares during the period. Nisa Investment Advisors LLC’s holdings in Hub Group were worth $66,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vident Advisory LLC boosted its stake in shares of Hub Group by 3.3% in the 1st quarter. Vident Advisory LLC now owns 13,239 shares of the transportation company’s stock worth $492,000 after buying an additional 427 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Hub Group by 0.6% during the first quarter. Baird Financial Group Inc. now owns 89,989 shares of the transportation company’s stock worth $3,345,000 after acquiring an additional 494 shares during the period. Natixis Advisors LLC boosted its position in Hub Group by 3.2% in the first quarter. Natixis Advisors LLC now owns 18,471 shares of the transportation company’s stock worth $687,000 after purchasing an additional 576 shares during the last quarter. EP Wealth Advisors LLC grew its stake in Hub Group by 15.5% in the 1st quarter. EP Wealth Advisors LLC now owns 5,785 shares of the transportation company’s stock valued at $215,000 after purchasing an additional 776 shares during the period. Finally, TD Private Client Wealth LLC grew its stake in 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. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Hub Group Price Performance

HUBG stock opened at $35.72 on Thursday. The firm has a 50 day moving average of $35.82 and a 200-day moving average of $34.85. The firm has a market capitalization of $2.19 billion, a P/E ratio of 21.65, a price-to-earnings-growth ratio of 1.23 and a beta of 1.14. Hub Group, Inc. has a 12 month low of $30.75 and a 12 month high of $53.21. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.08.

Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, October 30th. The transportation company reported $0.49 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.49. Hub Group had a net margin of 2.65% and a return on equity of 6.81%. The business had revenue of $934.50 million for the quarter, compared to analyst estimates of $937.78 million. During the same quarter in the prior year, the firm posted $0.52 EPS. Hub Group’s revenue was down 5.3% on a year-over-year basis. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, sell-side analysts predict that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Friday, September 12th were 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 was Friday, September 12th. Hub Group’s dividend payout ratio (DPR) is 28.90%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HUBG. Weiss Ratings cut Hub Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Saturday, October 25th. Susquehanna decreased their price objective on shares of Hub Group from $47.00 to $42.00 and set a “positive” rating for the company in a report on Wednesday, September 24th. Raymond James Financial set a $40.00 target price on shares of Hub Group and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a research report on Wednesday, July 23rd. Finally, Zacks Research cut shares of Hub Group from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Hub Group presently has an average rating of “Hold” and an average price target of $39.83.

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.