Hub Group, Inc. $HUBG Stock Holdings Lessened by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its position in Hub Group, Inc. (NASDAQ:HUBG) by 0.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,086,301 shares of the transportation company’s stock after selling 11,859 shares during the period. Dimensional Fund Advisors LP owned approximately 0.07% of Hub Group worth $147,268,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Wellington Management Group LLP acquired a new stake in Hub Group during the fourth quarter valued at approximately $139,588,000. Broad Bay Capital Management LP purchased a new position in shares of Hub Group during the 4th quarter valued at $30,424,000. Millennium Management LLC raised its stake in shares of Hub Group by 138.4% during the 3rd quarter. Millennium Management LLC now owns 1,138,461 shares of the transportation company’s stock worth $39,209,000 after purchasing an additional 661,018 shares in the last quarter. Capital International Investors lifted its stake in shares of Hub Group by 16.9% in the 4th quarter. Capital International Investors now owns 3,465,688 shares of the transportation company’s stock valued at $147,673,000 after purchasing an additional 501,955 shares during the last quarter. Finally, Hudson Bay Capital Management LP raised its position in shares of Hub Group by 3,557.4% in the second quarter. Hudson Bay Capital Management LP now owns 505,787 shares of the transportation company’s stock valued at $16,908,000 after purchasing an additional 491,958 shares during the period. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Hub Group Stock Performance

Shares of Hub Group stock opened at $49.28 on Monday. The company has a market cap of $3.01 billion, a P/E ratio of 28.49, a PEG ratio of 1.41 and a beta of 1.22. The business has a 50-day moving average price of $44.88 and a two-hundred day moving average price of $42.80. Hub Group, Inc. has a 1-year low of $32.46 and a 1-year high of $53.26.

Hub Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Friday, June 5th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, June 5th. Hub Group’s dividend payout ratio is presently 28.90%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Zacks Research raised Hub Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Weiss Ratings restated a “hold (c)” rating on shares of Hub Group in a report on Wednesday, June 24th. Raymond James Financial reiterated an “outperform” rating and set a $48.00 price objective on shares of Hub Group in a report on Wednesday, April 15th. Benchmark lowered their target price on shares of Hub Group from $50.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Finally, Stifel Nicolaus boosted their price objective on Hub Group from $27.00 to $29.00 and gave the stock a “sell” rating in a report on Thursday, April 2nd. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $43.31.

Key Stories Impacting Hub Group

Here are the key news stories impacting Hub Group this week:

• Negative Sentiment: Multiple law firms announced or promoted securities fraud class actions against Hub Group, alleging inaccurate financial statements, internal control failures, and misleading disclosures that could increase litigation risk. Article Title
• Negative Sentiment: ClaimsFiler and other firms highlighted lead-plaintiff deadlines, signaling that the lawsuit process is moving forward and keeping investor attention focused on potential financial exposure. Article Title
• Neutral Sentiment: Short-interest data showed no reported short interest as of July 24, providing little evidence of a new bearish trading build-up. Article Title

Hub Group Profile

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.