Capital Fund Management S.A. Grows Position in Hub Group, Inc. $HUBG

Capital Fund Management S.A. raised its stake in shares of Hub Group, Inc. (NASDAQ:HUBG) by 87.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,468 shares of the transportation company’s stock after acquiring an additional 31,423 shares during the period. Capital Fund Management S.A. owned about 0.11% of Hub Group worth $2,255,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Nuveen LLC purchased a new stake in shares of Hub Group in the first quarter valued at about $28,380,000. Fuller & Thaler Asset Management Inc. grew its position in Hub Group by 90.3% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,248,265 shares of the transportation company’s stock worth $46,398,000 after purchasing an additional 592,443 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in Hub Group by 1,073.5% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 156,577 shares of the transportation company’s stock valued at $5,820,000 after buying an additional 143,234 shares during the last quarter. Invesco Ltd. lifted its position in shares of Hub Group by 4.4% during the 1st quarter. Invesco Ltd. now owns 1,919,026 shares of the transportation company’s stock worth $71,330,000 after buying an additional 80,718 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Hub Group by 9.9% during the 1st quarter. HighTower Advisors LLC now owns 862,893 shares of the transportation company’s stock worth $32,074,000 after buying an additional 77,571 shares in the last quarter. Institutional investors own 46.77% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HUBG shares. JPMorgan Chase & Co. upped their target price on Hub Group from $41.00 to $42.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Raymond James Financial set a $40.00 price objective on Hub Group and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Benchmark reiterated a “buy” rating and set a $40.00 target price on shares of Hub Group in a research note on Wednesday, October 8th. BMO Capital Markets boosted their price target on shares of Hub Group from $38.00 to $40.00 and gave the stock a “market perform” rating in a report on Monday, November 3rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Hub Group in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have issued a Hold 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 $39.83.

Hub Group Stock Up 0.2%

HUBG stock opened at $39.91 on Thursday. The stock has a fifty day moving average of $35.88 and a 200-day moving average of $35.37. Hub Group, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $51.38. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 1.38 and a beta of 1.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.47 and a current ratio of 1.47.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. The business had revenue of $934.50 million for the quarter, compared to the consensus estimate of $937.78 million. Hub Group had a net margin of 2.82% and a return on equity of 6.58%. The company’s revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 earnings per share. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, equities research analysts predict that Hub Group, Inc. will post 2.2 earnings per share for the current year.

Hub Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Friday, December 5th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, December 5th. Hub Group’s dividend payout ratio is presently 28.90%.

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.