Phillip Yeager Sells 32,000 Shares of Hub Group (NASDAQ:HUBG) Stock

Hub Group, Inc. (NASDAQ:HUBG) CEO Phillip Yeager sold 32,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $43.68, for a total value of $1,397,760.00. Following the sale, the chief executive officer owned 168,315 shares of the company’s stock, valued at $7,351,999.20. The trade was a 15.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Hub Group Price Performance

Shares of HUBG traded up $0.45 during mid-day trading on Monday, hitting $43.22. The company’s stock had a trading volume of 1,022,670 shares, compared to its average volume of 613,941. Hub Group, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $49.60. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.47 and a quick ratio of 1.47. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 1.50 and a beta of 1.16. The firm has a 50-day moving average price of $36.95 and a 200 day moving average price of $35.75.

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

Hub Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Friday, December 5th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, December 5th. Hub Group’s dividend payout ratio is 28.90%.

Analyst Ratings Changes

Several brokerages recently commented on HUBG. Zacks Research raised shares of Hub Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 1st. Evercore ISI lifted their price objective on Hub Group from $37.00 to $38.00 and gave the stock an “in-line” rating in a research note on Friday, October 31st. Raymond James Financial set a $40.00 price target on shares of Hub Group and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. JPMorgan Chase & Co. increased their price objective on shares of Hub Group from $41.00 to $42.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, BMO Capital Markets upped their price objective on Hub Group from $38.00 to $40.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $40.79.

Hedge Funds Weigh In On Hub Group

Institutional investors have recently modified their holdings of the stock. Frazier Financial Advisors LLC bought a new position in Hub Group in the third quarter worth approximately $35,000. Quarry LP grew its position in shares of Hub Group by 271.5% in the third quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock valued at $38,000 after purchasing an additional 809 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Hub Group by 33.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock worth $44,000 after acquiring an additional 321 shares during the last quarter. GAMMA Investing LLC grew its stake in Hub Group by 161.9% during the 2nd quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after purchasing an additional 850 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Hub Group by 139,500.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,396 shares of the transportation company’s stock worth $52,000 after purchasing an additional 1,395 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

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.