Dimensional Fund Advisors LP Sells 11,859 Shares of Hub Group, Inc. $HUBG

Dimensional Fund Advisors LP decreased its holdings in Hub Group, Inc. (NASDAQ:HUBG) by 0.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,086,301 shares of the transportation company’s stock after selling 11,859 shares during the quarter. Dimensional Fund Advisors LP owned approximately 6.68% of Hub Group worth $147,268,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in HUBG. Deprince Race & Zollo Inc. grew its holdings in shares of Hub Group by 3.3% during the fourth quarter. Deprince Race & Zollo Inc. now owns 1,029,791 shares of the transportation company’s stock worth $43,879,000 after purchasing an additional 33,224 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Hub Group by 148.3% during the fourth quarter. SG Americas Securities LLC now owns 75,985 shares of the transportation company’s stock valued at $3,238,000 after purchasing an additional 45,381 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Hub Group by 78,261.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137,917 shares of the transportation company’s stock valued at $5,877,000 after purchasing an additional 137,741 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Hub Group by 130.9% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 86,347 shares of the transportation company’s stock valued at $3,683,000 after purchasing an additional 48,949 shares in the last quarter. Finally, Leuthold Group LLC bought a new stake in shares of Hub Group during the fourth quarter valued at approximately $3,163,000. Institutional investors and hedge funds own 46.77% of the company’s stock.

Hub Group Stock Performance

NASDAQ:HUBG opened at $49.28 on Monday. Hub Group, Inc. has a 12-month low of $32.46 and a 12-month high of $53.26. The stock’s 50 day simple moving average is $44.88 and its 200-day simple moving average is $42.80. The firm has a market cap of $3.01 billion, a P/E ratio of 28.49, a PEG ratio of 1.41 and a beta of 1.22.

Hub Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, June 5th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, June 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.0%. Hub Group’s payout ratio is 28.90%.

Trending Headlines about Hub Group

Here are the key news stories impacting Hub Group this week:

• Negative Sentiment: Multiple law firms announced or promoted securities fraud class actions against Hub Group, alleging inaccurate financial statements, internal control failures, and misleading disclosures that could increase litigation risk. Article Title
• Negative Sentiment: ClaimsFiler and other firms highlighted lead-plaintiff deadlines, signaling that the lawsuit process is moving forward and keeping investor attention focused on potential financial exposure. Article Title
• Neutral Sentiment: Short-interest data showed no reported short interest as of July 24, providing little evidence of a new bearish trading build-up. Article Title

Wall Street Analyst Weigh In

HUBG has been the subject of several research analyst reports. Raymond James Financial reaffirmed an “outperform” rating and issued a $48.00 price objective on shares of Hub Group in a report on Wednesday, April 15th. Benchmark reduced their target price on shares of Hub Group from $50.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Zacks Research upgraded shares of Hub Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Stifel Nicolaus raised their price objective on Hub Group from $27.00 to $29.00 and gave the company a “sell” rating in a research report on Thursday, April 2nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Hub Group in a report on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $43.31.

About Hub Group

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.