Vest Financial LLC Decreases Stock Holdings in Hub Group, Inc. $HUBG

Vest Financial LLC lowered its position in shares of Hub Group, Inc. (NASDAQ:HUBG) by 40.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 25,749 shares of the transportation company’s stock after selling 17,473 shares during the quarter. Vest Financial LLC’s holdings in Hub Group were worth $887,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in shares of Hub Group by 33.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 321 shares during the last quarter. GAMMA Investing LLC increased its holdings in Hub Group by 161.9% during the 2nd quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock valued at $46,000 after purchasing an additional 850 shares during the period. NewEdge Advisors LLC raised its position in Hub Group by 333.8% during the 2nd quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 1,145 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in Hub Group by 42.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,789 shares of the transportation company’s stock worth $96,000 after buying an additional 829 shares during the period. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in shares of Hub Group in the 2nd quarter worth approximately $211,000. Institutional investors own 46.77% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Stifel Nicolaus set a $52.00 target price on Hub Group and gave the company a “buy” rating in a research note on Wednesday, January 14th. TD Cowen reiterated a “hold” rating on shares of Hub Group in a report on Monday, January 12th. Robert W. Baird set a $47.00 price objective on shares of Hub Group in a report on Tuesday, January 6th. Barclays reaffirmed an “overweight” rating and issued a $48.00 target price (up from $38.00) on shares of Hub Group in a research report on Thursday, January 15th. Finally, Raymond James Financial set a $40.00 price target on shares of Hub Group and gave the company an “outperform” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Hub Group currently has an average rating of “Moderate Buy” and an average target price of $46.20.

Hub Group Stock Down 1.7%

Shares of Hub Group stock opened at $47.43 on Friday. Hub Group, Inc. has a 1 year low of $30.75 and a 1 year high of $48.89. The firm has a market cap of $2.90 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.38 and a beta of 1.14. The company has a 50-day moving average of $42.65 and a 200 day moving average of $38.06. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.47 and a quick ratio of 1.47.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, hitting the consensus estimate of $0.49. Hub Group had a net margin of 2.82% and a return on equity of 6.58%. The business had revenue of $934.50 million for the quarter, compared to analyst estimates of $937.78 million. During the same quarter in the previous year, the firm posted $0.52 earnings per share. Hub Group’s quarterly revenue 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, sell-side analysts anticipate that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were paid a $0.125 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.50 annualized dividend and a dividend yield of 1.1%. Hub Group’s dividend payout ratio is presently 28.90%.

Insider Buying and Selling

In other Hub Group news, CEO Phillip D. Yeager sold 32,000 shares of Hub Group stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $43.68, for a total transaction of $1,397,760.00. Following the completion of the transaction, the chief executive officer owned 168,315 shares in the company, valued at approximately $7,351,999.20. The trade was a 15.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gary Yablon bought 4,566 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was bought at an average cost of $43.73 per share, for a total transaction of $199,671.18. Following the completion of the acquisition, the director directly owned 32,778 shares of the company’s stock, valued at approximately $1,433,381.94. This represents a 16.18% increase in their position. The SEC filing for this purchase provides additional information. 3.48% of the stock is owned by company insiders.

Hub Group Company 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.