Hub Group, Inc. $HUBG Shares Acquired by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. significantly increased its stake in Hub Group by 90.3% in the first quarter, owning approximately 1.25 million shares valued at $46.4 million.
• Analysts have mixed views on Hub Group, with a consensus rating of "Moderate Buy" and an average price target of $40.35, while some firms have adjusted their price targets up or down recently.
• Hub Group reported a quarterly EPS of $0.45, exceeding expectations, but its revenue fell 8.2% year-over-year, signaling potential challenges in the current market environment.

Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 90.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,248,265 shares of the transportation company's stock after buying an additional 592,443 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 2.03% of Hub Group worth $46,398,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Summit Investment Advisors Inc. increased its position in shares of Hub Group by 4.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 6,268 shares of the transportation company's stock worth $279,000 after acquiring an additional 287 shares during the period. MetLife Investment Management LLC grew its stake in Hub Group by 1.4% during the 4th quarter. MetLife Investment Management LLC now owns 35,462 shares of the transportation company's stock worth $1,580,000 after purchasing an additional 506 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Hub Group by 3.9% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 13,343 shares of the transportation company's stock worth $595,000 after purchasing an additional 506 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in Hub Group by 5.6% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 10,039 shares of the transportation company's stock worth $373,000 after purchasing an additional 528 shares during the period. Finally, Natixis Advisors LLC raised its position in Hub Group by 3.2% in the 1st quarter. Natixis Advisors LLC now owns 18,471 shares of the transportation company's stock valued at $687,000 after purchasing an additional 576 shares in the last quarter. Hedge funds and other institutional investors own 46.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on HUBG shares. JPMorgan Chase & Co. lowered their price objective on Hub Group from $39.00 to $36.00 and set a "neutral" rating for the company in a research report on Tuesday, July 8th. Susquehanna lifted their price target on shares of Hub Group from $46.00 to $47.00 and gave the stock a "positive" rating in a research note on Friday, August 1st. TD Cowen lowered their price target on shares of Hub Group from $40.00 to $36.00 and set a "hold" rating for the company in a report on Friday, May 9th. Deutsche Bank Aktiengesellschaft upgraded shares of Hub Group from a "hold" rating to a "buy" rating and set a $41.00 price objective on the stock in a report on Wednesday, July 23rd. Finally, Benchmark decreased their price objective 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. One research 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 company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $40.35.

Hub Group Stock Up 6.4%

Shares of NASDAQ:HUBG traded up $2.25 during trading 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 debt-to-equity ratio of 0.08, a current ratio of 1.42 and a quick ratio of 1.42. The firm's 50 day moving average price is $34.83 and its 200-day moving average price is $35.73. The stock has a market capitalization of $2.29 billion, a P/E ratio of 22.72, a PEG ratio of 1.18 and a beta of 1.12. Hub Group, Inc. has a 12-month low of $30.75 and a 12-month high of $53.21.

Hub Group (NASDAQ:HUBG - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.45 earnings per share (EPS) 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 analyst estimates of $913.53 million. During the same quarter last year, the company posted $0.47 earnings per share. The business'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, research analysts predict that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were paid a $0.125 dividend. 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 currently 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.