Deprince Race & Zollo Inc. Raises Holdings in Hub Group, Inc. $HUBG

Key Points

• Deprince Race & Zollo Inc. raised its stake in Hub Group by 3.3% in Q4 to 1,029,791 shares (about 1.68% ownership), valued at roughly $43.88 million.
• Company financials and dividend: Hub Group has a $2.38 billion market cap and a P/E of 22.53; it pays a quarterly dividend of $0.125 per share (annualized $0.50, ~1.3% yield; payout ratio 28.9%).
• Analyst sentiment is mixed: the consensus rating is "Hold" with an average target of $43.33, although several brokers recently raised targets to the $50–$55 range and issued Buy/Outperform opinions.

Deprince Race & Zollo Inc. raised its position in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,029,791 shares of the transportation company's stock after acquiring an additional 33,224 shares during the period. Deprince Race & Zollo Inc. owned approximately 1.68% of Hub Group worth $43,879,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of HUBG. Frazier Financial Advisors LLC acquired a new stake in Hub Group in the third quarter valued at approximately $35,000. Quarry LP boosted its stake in Hub Group by 271.5% in the third quarter. Quarry LP now owns 1,107 shares of the transportation company's stock valued at $38,000 after acquiring an additional 809 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in Hub Group by 33.4% in the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company's stock valued at $44,000 after acquiring an additional 321 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Hub Group by 333.8% in the second quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company's stock valued at $50,000 after acquiring an additional 1,145 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its stake in Hub Group by 884.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,486 shares of the transportation company's stock valued at $51,000 after acquiring an additional 1,335 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Hub Group Stock Performance

NASDAQ HUBG opened at $38.97 on Monday. The company has a market capitalization of $2.38 billion, a PE ratio of 22.53, a P/E/G ratio of 1.22 and a beta of 1.16. The company has a fifty day moving average of $39.69 and a 200 day moving average of $39.87. Hub Group, Inc. has a 1 year low of $30.75 and a 1 year high of $53.26. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.47 and a quick ratio of 1.47.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Friday, March 13th were given a dividend of $0.125 per share. The ex-dividend date was Friday, March 13th. This represents a $0.50 dividend on an annualized basis and a yield of 1.3%. Hub Group's payout ratio is currently 28.90%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on HUBG. JPMorgan Chase & Co. raised their target price on shares of Hub Group from $42.00 to $50.00 and gave the company a "neutral" rating in a research note on Monday, January 12th. Benchmark raised their target price on shares of Hub Group from $40.00 to $50.00 and gave the company a "buy" rating in a research note on Friday, January 23rd. Raymond James Financial restated an "outperform" rating and issued a $50.00 target price on shares of Hub Group in a research note on Monday, February 9th. Susquehanna raised their target price on shares of Hub Group from $42.00 to $55.00 and gave the company a "positive" rating in a research note on Thursday, January 8th. Finally, TD Cowen restated a "hold" rating on shares of Hub Group in a research note on Monday, January 12th. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $43.33.

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.

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