Gary Yablon Acquires 4,566 Shares of Hub Group (NASDAQ:HUBG) Stock

Hub Group, Inc. (NASDAQ:HUBG) Director Gary Yablon purchased 4,566 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was purchased at an average cost of $43.73 per share, with a total value of $199,671.18. Following the completion of the acquisition, the director owned 32,778 shares in the company, valued at approximately $1,433,381.94. This trade represents a 16.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Hub Group Trading Up 0.4%

Hub Group stock opened at $43.40 on Wednesday. The stock has a market cap of $2.65 billion, a P/E ratio of 25.09, a PEG ratio of 1.51 and a beta of 1.16. Hub Group, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $49.53. The firm’s fifty day moving average price is $37.30 and its 200-day moving average price is $35.89. 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 posted its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.49. The company had revenue of $934.50 million during the quarter, compared to analyst estimates of $937.78 million. Hub Group had a return on equity of 6.58% and a net margin of 2.82%.The firm’s quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter last year, the company earned $0.52 earnings per share. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. Equities research analysts forecast that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Friday, December 5th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, December 5th. Hub Group’s dividend payout ratio is 28.90%.

Analyst Upgrades and Downgrades

HUBG has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $48.00 target price on shares of Hub Group and gave the company a “buy” rating in a research note on Tuesday. JPMorgan Chase & Co. increased their price objective on Hub Group from $41.00 to $42.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Benchmark restated a “buy” rating and issued a $40.00 price objective on shares of Hub Group in a report on Wednesday, October 8th. Evercore ISI upped their price target on shares of Hub Group from $37.00 to $38.00 and gave the company an “in-line” rating in a research report on Friday, October 31st. Finally, Wells Fargo & Company started coverage on Hub Group in a report on Friday, December 5th. They issued an “overweight” rating and a $47.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.29.

Hedge Funds Weigh In On Hub Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC boosted its holdings in shares of Hub Group by 111.8% during the third quarter. CIBC Private Wealth Group LLC now owns 3,755 shares of the transportation company’s stock worth $129,000 after purchasing an additional 1,982 shares during the period. CIBC Bancorp USA Inc. bought a new position in Hub Group during the 3rd quarter valued at approximately $219,000. Caitong International Asset Management Co. Ltd lifted its holdings in Hub Group by 884.1% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,486 shares of the transportation company’s stock worth $51,000 after buying an additional 1,335 shares during the period. Jacobs Levy Equity Management Inc. grew its position in shares of Hub Group by 12.3% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 162,569 shares of the transportation company’s stock worth $5,599,000 after buying an additional 17,746 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its stake in shares of Hub Group by 2.8% during the third quarter. CANADA LIFE ASSURANCE Co now owns 53,215 shares of the transportation company’s stock valued at $1,838,000 after buying an additional 1,457 shares during the period. 46.77% of the stock is owned by institutional investors.

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.