Hub Group, Inc. $HUBG Shares Purchased by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. increased its stake in Hub Group, Inc. by 238.5%, acquiring an additional 25,396 shares, bringing its total ownership to 36,045 shares valued at $1,340,000.
• Hub Group reported a quarterly earnings per share (EPS) of $0.45, exceeding the consensus estimate of $0.44, although revenue for the quarter decreased by 8.2% compared to the previous year.
• The company has recently announced a quarterly dividend of $0.125, resulting in an annualized dividend of $0.50 and a dividend yield of 1.4%.

Capital Fund Management S.A. increased its stake in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 238.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,045 shares of the transportation company's stock after buying an additional 25,396 shares during the period. Capital Fund Management S.A. owned 0.06% of Hub Group worth $1,340,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Nuveen LLC bought a new position in Hub Group in the 1st quarter worth about $28,380,000. Fuller & Thaler Asset Management Inc. raised its stake in shares of Hub Group by 90.3% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,248,265 shares of the transportation company's stock valued at $46,398,000 after acquiring an additional 592,443 shares in the last quarter. Balyasny Asset Management L.P. raised its stake in shares of Hub Group by 77.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,147,499 shares of the transportation company's stock valued at $51,133,000 after acquiring an additional 499,621 shares in the last quarter. Hudson Bay Capital Management LP raised its stake in shares of Hub Group by 1,433.0% during the fourth quarter. Hudson Bay Capital Management LP now owns 185,828 shares of the transportation company's stock valued at $8,280,000 after acquiring an additional 173,706 shares in the last quarter. Finally, Eisler Capital Management Ltd. bought a new stake in shares of Hub Group during the fourth quarter valued at approximately $6,177,000. Hedge funds and other institutional investors own 46.77% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HUBG. Robert W. Baird decreased their target price on Hub Group from $44.00 to $42.00 and set an "outperform" rating for the company in a research report on Monday, August 4th. TD Cowen lowered their price objective on shares of Hub Group from $40.00 to $36.00 and set a "hold" rating for the company in a research note on Friday, May 9th. Barclays lowered their price objective on shares of Hub Group from $45.00 to $40.00 and set an "equal weight" rating for the company in a research note on Monday, May 12th. Benchmark lowered their price target on shares of Hub Group from $40.00 to $33.13 and set a "buy" rating for the company in a research report on Friday, May 9th. Finally, Susquehanna increased their price objective on shares of Hub Group from $46.00 to $47.00 and gave the company a "positive" rating in a research note on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $40.35.

Hub Group Stock Up 0.3%

Hub Group stock traded up $0.11 during trading hours on Friday, reaching $37.42. The stock had a trading volume of 722,801 shares, compared to its average volume of 566,868. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 22.68, a PEG ratio of 1.25 and a beta of 1.15. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.42 and a quick ratio of 1.42. The business's 50 day moving average price is $35.24 and its 200-day moving average price is $35.44. Hub Group, Inc. has a 52 week low of $30.75 and a 52 week high of $53.21.

Hub Group (NASDAQ:HUBG - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. Hub Group had a net margin of 2.65% and a return on equity of 6.81%. The firm had revenue of $905.65 million during the quarter, compared to analyst estimates of $913.53 million. During the same quarter in the previous year, the business posted $0.47 EPS. Hub Group's revenue was down 8.2% on a year-over-year basis. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. Sell-side analysts anticipate that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Friday, September 12th 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%. Hub Group's payout ratio is 30.30%.

Hub Group 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.