Universal Beteiligungs und Servicegesellschaft mbH Invests $1.22 Million in Hub Group, Inc. (NASDAQ:HUBG)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has made a new investment in Hub Group, purchasing 32,785 shares valued at approximately $1.22 million.
• Hub Group reported earnings of $0.45 per share, slightly surpassing analysts' expectations, but revenue decreased 8.2% year over year.
• The company recently declared a quarterly dividend of $0.125 per share, leading to an annual yield of 1.4% with an ongoing payout ratio of 29.41%.

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Hub Group, Inc. (NASDAQ:HUBG - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 32,785 shares of the transportation company's stock, valued at approximately $1,219,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of Hub Group at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in Hub Group by 440.3% in the 1st quarter. Farther Finance Advisors LLC now owns 859 shares of the transportation company's stock worth $32,000 after purchasing an additional 700 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in Hub Group by 48.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company's stock worth $42,000 after buying an additional 310 shares in the last quarter. TD Private Client Wealth LLC lifted its position in Hub Group by 89.9% during the 1st quarter. TD Private Client Wealth LLC now owns 1,796 shares of the transportation company's stock worth $67,000 after buying an additional 850 shares in the last quarter. Sterling Capital Management LLC lifted its position in Hub Group by 803.3% during the 4th quarter. Sterling Capital Management LLC now owns 1,888 shares of the transportation company's stock worth $84,000 after buying an additional 1,679 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Hub Group by 40.5% during the 1st quarter. Blue Trust Inc. now owns 2,478 shares of the transportation company's stock worth $92,000 after buying an additional 714 shares in the last quarter. 46.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Benchmark cut their price target on shares of Hub Group from $40.00 to $33.13 and set a "buy" rating on the stock in a research report on Friday, May 9th. Barclays cut their price target on shares of Hub Group from $45.00 to $40.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. JPMorgan Chase & Co. cut their price target on shares of Hub Group from $39.00 to $36.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 8th. Robert W. Baird cut their price target on shares of Hub Group from $44.00 to $42.00 and set an "outperform" rating on the stock in a research report on Monday. Finally, TD Cowen cut their price target on shares of Hub Group from $40.00 to $36.00 and set a "hold" rating on the stock in a research report on Friday, May 9th. Four research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $40.35.

Hub Group Stock Performance

Hub Group stock traded up $0.68 during trading hours on Tuesday, hitting $34.99. The company had a trading volume of 122,208 shares, compared to its average volume of 592,708. The firm has a market cap of $2.14 billion, a PE ratio of 21.19, a PEG ratio of 1.11 and a beta of 1.12. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.42 and a quick ratio of 1.36. Hub Group, Inc. has a one year low of $30.75 and a one year high of $53.21. The firm has a 50-day moving average of $34.33 and a 200 day moving average of $36.52.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. The firm had revenue of $905.65 million for 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 business's revenue was down 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.47 EPS. On average, sell-side analysts expect that Hub Group, Inc. will post 2.2 earnings per share for the current year.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. Hub Group's dividend payout ratio (DPR) 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.