Hub Group, Inc. $HUBG Shares Sold by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. has reduced its stake in Hub Group by 2.5%, owning 658,118 shares worth $24.46 million as of the latest SEC filing.
• Despite some analysts lowering price targets for Hub Group, the stock maintains an average rating of "Moderate Buy" with a target price of $40.35.
• Hub Group reported a net margin of 2.65% and $0.45 EPS for the last quarter, with revenue down 8.2% year-over-year, while also declaring a quarterly dividend of $0.125 per share.

Charles Schwab Investment Management Inc. cut its holdings in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 2.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 658,118 shares of the transportation company's stock after selling 16,946 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.07% of Hub Group worth $24,462,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. MetLife Investment Management LLC boosted its holdings in shares of Hub Group by 1.4% in the fourth quarter. MetLife Investment Management LLC now owns 35,462 shares of the transportation company's stock valued at $1,580,000 after acquiring an additional 506 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Hub Group by 3.9% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 13,343 shares of the transportation company's stock valued at $595,000 after acquiring an additional 506 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Hub Group by 5.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 10,039 shares of the transportation company's stock valued at $373,000 after acquiring an additional 528 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of Hub Group by 3.2% in the first quarter. Natixis Advisors LLC now owns 18,471 shares of the transportation company's stock valued at $687,000 after acquiring an additional 576 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Hub Group by 2.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,095 shares of the transportation company's stock valued at $1,519,000 after acquiring an additional 685 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Hub Group Price Performance

HUBG stock traded up $2.25 during trading on Friday, reaching $37.48. 683,568 shares of the company were exchanged, compared to its average volume of 527,117. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $2.29 billion, a P/E ratio of 22.72, a PEG ratio of 1.25 and a beta of 1.12. The stock's 50 day moving average price is $34.83 and its 200 day moving average price is $35.67. 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 announced its earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.01. The company had revenue of $905.65 million during the quarter, compared to analysts' expectations of $913.53 million. Hub Group had a net margin of 2.65% and a return on equity of 6.81%. The firm's quarterly revenue was down 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.47 earnings per share. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. As a group, analysts predict that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were given a dividend of $0.125 per share. The ex-dividend date was Monday, June 23rd. This represents a $0.50 dividend on an annualized basis and a yield of 1.3%. Hub Group's payout ratio is presently 30.30%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Stifel Nicolaus lowered their target price on shares of Hub Group from $46.00 to $45.00 and set a "buy" rating on the stock in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft raised shares of Hub Group from a "hold" rating to a "buy" rating and set a $41.00 target price on the stock in a report on Wednesday, July 23rd. Baird R W raised shares of Hub Group to a "strong-buy" rating in a report on Tuesday, July 1st. Robert W. Baird lowered their target price on shares of Hub Group from $44.00 to $42.00 and set an "outperform" rating on the stock in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Hub Group from $39.00 to $36.00 and set a "neutral" rating on the stock in a report on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $40.35.

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.