OP Asset Management Ltd purchased a new position in shares of Hub Group, Inc. (NASDAQ:HUBG – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 16,718 shares of the transportation company’s stock, valued at approximately $603,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Rockefeller Capital Management L.P. boosted its holdings in Hub Group by 121.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 64,261 shares of the transportation company’s stock worth $2,738,000 after purchasing an additional 35,204 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Hub Group by 9.6% during the fourth quarter. Corient Private Wealth LLC now owns 7,666 shares of the transportation company’s stock valued at $328,000 after buying an additional 673 shares in the last quarter. MidFirst Bank acquired a new stake in shares of Hub Group in the fourth quarter worth about $153,000. River Road Asset Management LLC lifted its position in shares of Hub Group by 6.6% in the fourth quarter. River Road Asset Management LLC now owns 1,320,784 shares of the transportation company’s stock worth $56,279,000 after buying an additional 81,764 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Hub Group by 8.1% during the 4th quarter. Invesco Ltd. now owns 2,118,108 shares of the transportation company’s stock worth $90,253,000 after acquiring an additional 159,174 shares in the last quarter. Institutional investors own 46.77% of the company’s stock.
Hub Group News Summary
Here are the key news stories impacting Hub Group this week:
- Positive Sentiment: No clearly positive company-specific catalysts were reported in these articles.
- Neutral Sentiment: Multiple law firms announced or reminded investors about securities class-action deadlines, with the lead-plaintiff cutoff set for August 28, 2026. Article Title
- Neutral Sentiment: Law firms said a shareholder class action has already been filed on behalf of investors who bought HUBG between April 28, 2023 and May 11, 2026, reflecting ongoing litigation but not adding new operational details. Article Title
- Neutral Sentiment: One filing said the company faces investigation for potential federal securities law violations, reinforcing the legal overhang around the stock. Article Title
- Negative Sentiment: The most important driver is the allegation that Hub Group admitted its financial reports going back to 2023 were “materially misstated,” with claims of improper transaction recognition, understated transportation costs and accounts payable, and weaknesses in internal controls. Article Title
- Negative Sentiment: The lawsuits also cite executive ousters and investor losses, suggesting the accounting issue may have broader governance and reputational fallout for Hub Group (HUBG). Article Title
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on HUBG
Hub Group Price Performance
Shares of NASDAQ:HUBG opened at $43.79 on Wednesday. Hub Group, Inc. has a 1-year low of $32.46 and a 1-year high of $53.26. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $42.73 and its 200-day moving average is $42.25. The firm has a market capitalization of $2.68 billion, a PE ratio of 25.31, a PEG ratio of 1.25 and a beta of 1.23.
Hub Group Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Friday, June 5th were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.50 dividend on an annualized basis and a yield of 1.1%. Hub Group’s payout ratio is presently 28.90%.
About Hub Group
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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