Capital Fund Management S.A. Increases Stake in Hub Group, Inc. $HUBG

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. grew its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 238.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,045 shares of the transportation company's stock after purchasing an additional 25,396 shares during the quarter. Capital Fund Management S.A. owned approximately 0.06% of Hub Group worth $1,340,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in shares of Hub Group by 440.3% during the 1st quarter. Farther Finance Advisors LLC now owns 859 shares of the transportation company's stock valued at $32,000 after acquiring an additional 700 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Hub Group by 139,500.0% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,396 shares of the transportation company's stock valued at $52,000 after acquiring an additional 1,395 shares during the period. TD Private Client Wealth LLC grew its stake in shares of Hub Group by 89.9% during the 1st quarter. TD Private Client Wealth LLC now owns 1,796 shares of the transportation company's stock valued at $67,000 after acquiring an additional 850 shares during the period. Blue Trust Inc. grew its stake in shares of Hub Group by 40.5% during the 1st quarter. Blue Trust Inc. now owns 2,478 shares of the transportation company's stock valued at $92,000 after acquiring an additional 714 shares during the period. Finally, KBC Group NV grew its stake in shares of Hub Group by 43.3% during the 1st quarter. KBC Group NV now owns 3,681 shares of the transportation company's stock valued at $137,000 after acquiring an additional 1,113 shares during the period. 46.77% of the stock is currently owned by institutional investors.

Hub Group Trading Up 0.3%

NASDAQ:HUBG traded up $0.11 during midday trading on Friday, hitting $37.42. 722,801 shares of the company traded hands, compared to its average volume of 592,564. The firm's fifty day moving average is $35.15 and its 200-day moving average is $35.57. Hub Group, Inc. has a 12-month low of $30.75 and a 12-month high of $53.21. The firm has a market capitalization of $2.29 billion, a P/E ratio of 22.68, a P/E/G ratio of 1.23 and a beta of 1.12. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.08.

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

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Friday, September 12th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.3%. Hub Group's payout ratio is 30.30%.

Wall Street Analyst Weigh In

Several research firms have weighed in on HUBG. Benchmark dropped their price target on Hub Group from $40.00 to $33.13 and set a "buy" rating for the company in a research note on Friday, May 9th. Barclays dropped their price target on 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. Robert W. Baird dropped their price target on Hub Group from $44.00 to $42.00 and set an "outperform" rating for the company in a research note on Monday, August 4th. Stifel Nicolaus dropped their price target on Hub Group from $46.00 to $45.00 and set a "buy" rating for the company in a research note on Friday, August 1st. Finally, Baird R W upgraded Hub Group to a "strong-buy" rating in a research note on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $40.35.

Hub Group Company 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.