51,036 Shares in Hub Group, Inc. $HUBG Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in Hub Group, Inc. (NASDAQ:HUBG) during the 2nd quarter, Holdings Channel reports. The fund acquired 51,036 shares of the transportation company’s stock, valued at approximately $1,706,000.

Other large investors have also recently added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Hub Group in the first quarter valued at about $1,219,000. KLP Kapitalforvaltning AS lifted its stake in Hub Group by 8.4% in the 1st quarter. KLP Kapitalforvaltning AS now owns 31,100 shares of the transportation company’s stock valued at $1,156,000 after acquiring an additional 2,400 shares in the last quarter. XTX Topco Ltd acquired a new position in Hub Group during the 1st quarter worth approximately $224,000. Vestcor Inc grew its stake in shares of Hub Group by 102.3% during the 1st quarter. Vestcor Inc now owns 12,488 shares of the transportation company’s stock worth $464,000 after acquiring an additional 6,315 shares in the last quarter. Finally, Natixis Advisors LLC grew its stake in shares of Hub Group by 3.2% during the 1st quarter. Natixis Advisors LLC now owns 18,471 shares of the transportation company’s stock worth $687,000 after acquiring an additional 576 shares in the last quarter. Institutional investors own 46.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Benchmark reissued a “buy” rating and issued a $40.00 price objective on shares of Hub Group in a research report on Wednesday, October 8th. Barclays dropped their target price on Hub Group from $40.00 to $38.00 and set an “equal weight” rating on the stock in a report on Thursday, October 2nd. BMO Capital Markets increased their price target on Hub Group from $38.00 to $40.00 and gave the company a “market perform” rating in a research report on Monday, November 3rd. Evercore ISI boosted their price target on Hub Group from $37.00 to $38.00 and gave the stock an “in-line” rating in a research report on Friday, October 31st. Finally, Stifel Nicolaus set a $41.00 price objective on Hub Group and gave the company a “buy” rating in a report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $39.83.

Hub Group Stock Performance

Shares of NASDAQ HUBG opened at $34.74 on Thursday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $2.12 billion, a P/E ratio of 21.05, a P/E/G ratio of 1.23 and a beta of 1.14. Hub Group, Inc. has a 12 month low of $30.75 and a 12 month high of $53.21. The stock has a 50 day moving average of $35.48 and a 200-day moving average of $35.07.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.49. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The business had revenue of $934.50 million for the quarter, compared to analysts’ expectations of $937.78 million. During the same quarter in the prior year, the business earned $0.52 EPS. The firm’s revenue for the quarter was down 5.3% on a year-over-year basis. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, equities research analysts predict that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Friday, September 12th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. Hub Group’s payout ratio is presently 28.90%.

Hub Group Company 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.