Hub Group, Inc. $HUBG Shares Acquired by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. increased its position in shares of Hub Group, Inc. (NASDAQ:HUBG) by 44.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 996,567 shares of the transportation company’s stock after acquiring an additional 308,379 shares during the period. Deprince Race & Zollo Inc. owned about 1.63% of Hub Group worth $34,322,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. 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 valued at $8,890,000 after purchasing an additional 30,083 shares during the period. Northern Trust Corp grew its stake in shares of Hub Group by 0.9% in the first quarter. Northern Trust Corp now owns 631,515 shares of the transportation company’s stock worth $23,473,000 after acquiring an additional 5,800 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of Hub Group by 37.5% during the first quarter. Hsbc Holdings PLC now owns 29,093 shares of the transportation company’s stock worth $1,078,000 after acquiring an additional 7,940 shares during the period. Trexquant Investment LP raised its stake in shares of Hub Group by 46.8% in the first quarter. Trexquant Investment LP now owns 51,157 shares of the transportation company’s stock valued at $1,902,000 after acquiring an additional 16,303 shares in the last quarter. Finally, Magnetar Financial LLC acquired a new stake in shares of Hub Group in the first quarter valued at $523,000. 46.77% of the stock is owned by institutional investors and hedge funds.

Hub Group Price Performance

HUBG stock opened at $43.96 on Friday. The business has a 50 day moving average price of $38.70 and a 200 day moving average price of $36.44. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 1.54 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 $46.63. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.09.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. Hub Group had a net margin of 2.82% and a return on equity of 6.58%. The company had revenue of $934.50 million for the quarter, compared to analyst estimates of $937.78 million. During the same period in the prior year, the firm posted $0.52 earnings per share. The firm’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. Equities research analysts anticipate that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, December 5th. Hub Group’s dividend payout ratio (DPR) is currently 28.90%.

Insider Buying and Selling at Hub Group

In related news, CEO Phillip D. Yeager sold 32,000 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $43.68, for a total value of $1,397,760.00. Following the completion of the sale, the chief executive officer directly owned 168,315 shares of the company’s stock, valued at $7,351,999.20. The trade was a 15.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary Yablon acquired 4,566 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was bought at an average price of $43.73 per share, with a total value of $199,671.18. Following the purchase, the director directly owned 32,778 shares of the company’s stock, valued at $1,433,381.94. This represents a 16.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.48% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts recently commented on HUBG shares. UBS Group reissued a “neutral” rating and set a $38.00 target price (up from $36.00) on shares of Hub Group in a research note on Friday, October 10th. Morgan Stanley set a $46.00 price objective on Hub Group and gave the stock an “equal weight” rating in a research report on Monday, December 8th. Stifel Nicolaus set a $48.00 target price on shares of Hub Group and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Wells Fargo & Company initiated coverage on shares of Hub Group in a research note on Friday, December 5th. They issued an “overweight” rating and a $47.00 price target for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Hub Group in a report on Monday, December 22nd. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.29.

Hub Group Company Profile

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.