Dimensional Fund Advisors LP Reduces Stake in Hub Group, Inc. $HUBG

Key Points

• Dimensional Fund Advisors LP has reduced its stake in Hub Group, Inc. by 6.8%, now owning 4,249,428 shares valued at approximately $157.95 million.
• Hub Group's recent earnings report showed a net margin of 2.65% with earnings per share at $0.45, slightly beating estimates but reflecting an 8.2% year-over-year revenue decline.
• The company announced a quarterly dividend of $0.125 per share, representing an annualized dividend yield of 1.4% with a payout ratio of 30.30%.

Dimensional Fund Advisors LP lessened its holdings in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 6.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,249,428 shares of the transportation company's stock after selling 308,979 shares during the period. Dimensional Fund Advisors LP owned approximately 6.91% of Hub Group worth $157,949,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of HUBG. Nuveen LLC acquired a new position in shares of Hub Group in the 1st quarter valued at $28,380,000. Balyasny Asset Management L.P. lifted its stake in shares of Hub Group by 77.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,147,499 shares of the transportation company's stock valued at $51,133,000 after purchasing an additional 499,621 shares during the last quarter. Hudson Bay Capital Management LP lifted its stake in shares of Hub Group by 1,433.0% in the 4th quarter. Hudson Bay Capital Management LP now owns 185,828 shares of the transportation company's stock valued at $8,280,000 after purchasing an additional 173,706 shares during the last quarter. Eisler Capital Management Ltd. acquired a new position in shares of Hub Group in the 4th quarter valued at $6,177,000. Finally, Edgestream Partners L.P. lifted its stake in shares of Hub Group by 184.7% in the 1st quarter. Edgestream Partners L.P. now owns 210,420 shares of the transportation company's stock valued at $7,821,000 after purchasing an additional 136,522 shares during the last quarter. Institutional investors and hedge funds own 46.77% of the company's stock.

Wall Street Analyst Weigh In

HUBG has been the topic of several recent analyst reports. Stifel Nicolaus decreased their price target on Hub Group from $46.00 to $45.00 and set a "buy" rating on the stock in a research note on Friday, August 1st. Baird R W upgraded Hub Group to a "strong-buy" rating in a report on Tuesday, July 1st. JPMorgan Chase & Co. cut their price objective on Hub Group from $39.00 to $36.00 and set a "neutral" rating on the stock in a report on Tuesday, July 8th. Robert W. Baird cut their price objective on Hub Group from $44.00 to $42.00 and set an "outperform" rating on the stock in a report on Monday, August 4th. Finally, Barclays cut their price objective on Hub Group from $45.00 to $40.00 and set an "equal weight" rating on the stock in a report on Monday, May 12th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $40.35.

Hub Group Stock Up 6.4%

NASDAQ HUBG traded up $2.25 during trading hours on Friday, hitting $37.48. 683,568 shares of the company were exchanged, compared to its average volume of 527,117. The company has a 50 day moving average of $34.83 and a two-hundred day moving average of $35.67. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.08. Hub Group, Inc. has a 52-week low of $30.75 and a 52-week high of $53.21. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 22.72, a PEG ratio of 1.25 and a beta of 1.12.

Hub Group (NASDAQ:HUBG - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share for the quarter, topping 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 the consensus estimate of $913.53 million. During the same quarter in the prior year, the business earned $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. Equities research analysts anticipate that Hub Group, Inc. will post 2.2 earnings per share for the current year.

Hub Group Announces Dividend

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

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.