Y Intercept Hong Kong Ltd Invests $712,000 in Hub Group, Inc. $HUBG

Y Intercept Hong Kong Ltd acquired a new position in Hub Group, Inc. (NASDAQ:HUBG) during the 1st quarter, HoldingsChannel reports. The fund acquired 19,743 shares of the transportation company’s stock, valued at approximately $712,000.

Several other large investors have also bought and sold shares of the stock. Royal Bank of Canada grew its position in shares of Hub Group by 24.5% in the 1st quarter. Royal Bank of Canada now owns 11,723 shares of the transportation company’s stock valued at $435,000 after buying an additional 2,305 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Hub Group by 4.9% in the first quarter. AQR Capital Management LLC now owns 59,029 shares of the transportation company’s stock worth $2,194,000 after acquiring an additional 2,761 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Hub Group by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,637 shares of the transportation company’s stock valued at $1,325,000 after acquiring an additional 1,542 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Hub Group by 3.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 135,795 shares of the transportation company’s stock valued at $5,048,000 after acquiring an additional 4,844 shares during the last quarter. Finally, Intech Investment Management LLC increased its position in Hub Group by 33.3% during the 1st quarter. Intech Investment Management LLC now owns 39,181 shares of the transportation company’s stock valued at $1,456,000 after purchasing an additional 9,791 shares during the period. 46.77% of the stock is owned by institutional investors.

Hub Group Stock Up 3.2%

Shares of HUBG stock opened at $47.69 on Tuesday. The company has a market cap of $2.92 billion, a price-to-earnings ratio of 27.57, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. Hub Group, Inc. has a 52 week low of $32.46 and a 52 week high of $53.26. The firm has a 50 day moving average of $43.16 and a 200-day moving average of $42.40.

Hub Group Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.50 annualized dividend and a yield of 1.0%. Hub Group’s dividend payout ratio is currently 28.90%.

Analyst Ratings Changes

HUBG has been the subject of several analyst reports. Zacks Research upgraded shares of Hub Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Benchmark decreased their price objective on shares of Hub Group from $50.00 to $42.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Raymond James Financial restated an “outperform” rating and issued a $48.00 target price on shares of Hub Group in a report on Wednesday, April 15th. Wells Fargo & Company reiterated an “equal weight” rating and set a $35.00 price target (down from $55.00) on shares of Hub Group in a report on Thursday, March 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Hub Group in a research report on Wednesday, June 24th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $43.14.

More Hub Group News

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

• Negative Sentiment: Hub Group faces a securities class action alleging years-long improper accounting, understated costs of about $77 million, unreliable financial statements, and related executive ousters. The lawsuit covers investors who bought HUBG shares between April 28, 2023 and May 11, 2026. Article Title
• Negative Sentiment: Multiple law firms, including Robbins LLP, Rosen, Lowey Dannenberg, Berger Montague, Kaplan Fox, Schall, and others, issued investor alerts and deadline reminders for the HUBG class action, keeping pressure on sentiment and highlighting potential legal costs and further reputational damage. Article Title
• Neutral Sentiment: One item noted a consensus analyst recommendation of “Hold” for Hub Group, which suggests analysts are not broadly turning bearish despite the legal overhang. Article Title

About Hub Group

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.