Jacobs Levy Equity Management Inc. Has $5.82 Million Holdings in Hub Group, Inc. $HUBG

Key Points

• Jacobs Levy Equity Management Inc. significantly increased its stake in Hub Group, acquiring an additional 143,234 shares, bringing its total ownership to approximately 156,577 shares worth $5.82 million.
• Hub Group's recent earnings report revealed a net margin of 2.65% and earnings per share of $0.45, slightly surpassing analysts' expectations.
• A quarterly dividend of $0.125 per share has been declared, with an ex-dividend date set for September 12, reflecting a 1.3% annual yield.

Jacobs Levy Equity Management Inc. boosted its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 1,073.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,577 shares of the transportation company's stock after buying an additional 143,234 shares during the period. Jacobs Levy Equity Management Inc. owned about 0.25% of Hub Group worth $5,820,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Vident Advisory LLC boosted its stake in Hub Group by 3.3% during the first quarter. Vident Advisory LLC now owns 13,239 shares of the transportation company's stock worth $492,000 after buying an additional 427 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Hub Group by 0.6% during the first quarter. Baird Financial Group Inc. now owns 89,989 shares of the transportation company's stock worth $3,345,000 after buying an additional 494 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Hub Group by 5.6% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 10,039 shares of the transportation company's stock worth $373,000 after buying an additional 528 shares in the last quarter. Natixis Advisors LLC boosted its stake in Hub Group by 3.2% during the first quarter. Natixis Advisors LLC now owns 18,471 shares of the transportation company's stock worth $687,000 after buying an additional 576 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Hub Group by 2.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,095 shares of the transportation company's stock worth $1,519,000 after buying an additional 685 shares in the last quarter. Institutional investors and hedge funds own 46.77% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on HUBG. Baird R W upgraded shares of Hub Group to a "strong-buy" rating in a research note on Tuesday, July 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. JPMorgan Chase & Co. lowered their target price 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. Susquehanna upped their target price on shares of Hub Group from $46.00 to $47.00 and gave the stock a "positive" rating in a report on Friday, August 1st. Finally, 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. 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $40.35.

Hub Group Price Performance

NASDAQ:HUBG traded down $1.53 during mid-day trading on Friday, reaching $35.99. 387,270 shares of the company were exchanged, compared to its average volume of 568,597. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.08. The stock has a market cap of $2.20 billion, a PE ratio of 21.81, a PEG ratio of 1.20 and a beta of 1.15. Hub Group, Inc. has a 12 month low of $30.75 and a 12 month high of $53.21. The company has a fifty day moving average of $35.75 and a 200 day moving average of $35.06.

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. Hub Group had a net margin of 2.65% and a return on equity of 6.81%. The company had revenue of $905.65 million for the quarter, compared to analyst estimates of $913.53 million. During the same period in the prior year, the business earned $0.47 earnings per share. Hub Group's quarterly 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. On average, research analysts anticipate that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Friday, September 12th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, September 12th. Hub Group's dividend payout ratio is presently 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.