Capital Fund Management S.A. Increases Holdings in Hub Group, Inc. $HUBG

Capital Fund Management S.A. lifted its stake in shares of Hub Group, Inc. (NASDAQ:HUBG) by 87.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 67,468 shares of the transportation company’s stock after purchasing an additional 31,423 shares during the quarter. Capital Fund Management S.A.’s holdings in Hub Group were worth $2,255,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Russell Investments Group Ltd. grew its holdings in Hub Group by 215.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 89,729 shares of the transportation company’s stock valued at $3,000,000 after buying an additional 61,240 shares in the last quarter. Inceptionr LLC bought a new position in shares of Hub Group in the second quarter valued at approximately $330,000. XTX Topco Ltd grew its stake in Hub Group by 400.6% during the second quarter. XTX Topco Ltd now owns 30,099 shares of the transportation company’s stock valued at $1,006,000 after acquiring an additional 24,086 shares in the last quarter. Prudential Financial Inc. increased its holdings in Hub Group by 6.0% during the 2nd quarter. Prudential Financial Inc. now owns 63,077 shares of the transportation company’s stock worth $2,109,000 after acquiring an additional 3,591 shares during the period. Finally, Franklin Resources Inc. increased its holdings in Hub Group by 4.2% during the 2nd quarter. Franklin Resources Inc. now owns 50,424 shares of the transportation company’s stock worth $1,686,000 after acquiring an additional 2,042 shares during the period. Institutional investors own 46.77% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Raymond James Financial set a $40.00 price target on shares of Hub Group and gave the company an “outperform” rating in a report on Tuesday, October 14th. Barclays dropped their price objective on Hub Group from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, October 2nd. BMO Capital Markets upped their target price on Hub Group from $38.00 to $40.00 and gave the stock a “market perform” rating in a research note on Monday, November 3rd. Benchmark reiterated a “buy” rating and set a $40.00 price target on shares of Hub Group in a research report on Wednesday, October 8th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Hub Group in a report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Hub Group has a consensus rating of “Moderate Buy” and an average target price of $39.83.

Hub Group Trading Up 0.2%

Shares of HUBG stock opened at $39.91 on Thursday. The business has a 50-day moving average price of $35.88 and a two-hundred day moving average price of $35.37. Hub Group, Inc. has a 12-month low of $30.75 and a 12-month high of $51.38. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.09. The firm has a market cap of $2.44 billion, a P/E ratio of 23.07, a price-to-earnings-growth ratio of 1.38 and a beta of 1.16.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.49. The company had revenue of $934.50 million for the quarter, compared to analysts’ expectations of $937.78 million. Hub Group had a return on equity of 6.58% and a net margin of 2.82%.Hub Group’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period last year, the firm posted $0.52 EPS. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. Equities analysts anticipate that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $0.50 annualized dividend and a dividend yield of 1.3%. Hub Group’s dividend payout ratio (DPR) is 28.90%.

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.