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

Hub Group, Inc. (NASDAQ:HUBG) CEO Phillip Yeager sold 32,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were 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. This trade represents a 15.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Hub Group Stock Up 1.1%

Hub Group stock traded up $0.45 during mid-day trading on Monday, reaching $43.22. The 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 quick ratio of 1.47 and a current ratio of 1.47. The firm has a market capitalization of $2.64 billion, a PE ratio of 24.98, a price-to-earnings-growth ratio of 1.50 and a beta of 1.16. The stock’s 50-day simple moving average is $36.95 and its 200-day simple moving average is $35.75.

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

Hub Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Friday, December 5th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, December 5th. Hub Group’s dividend payout ratio (DPR) is presently 28.90%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Susquehanna decreased their target price on Hub Group from $47.00 to $42.00 and set a “positive” rating for the company in a research report on Wednesday, September 24th. Stifel Nicolaus set a $41.00 target price on Hub Group and gave the stock a “buy” rating in a report on Friday, October 3rd. BMO Capital Markets upped their price target on shares of Hub Group from $38.00 to $40.00 and gave the company a “market perform” rating in a research note on Monday, November 3rd. UBS Group reiterated a “neutral” rating and issued a $38.00 price objective (up previously from $36.00) on shares of Hub Group in a research note on Friday, October 10th. Finally, JPMorgan Chase & Co. raised their target price on shares of Hub Group from $41.00 to $42.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $40.79.

Institutional Trading of Hub Group

Several large investors have recently added to or reduced their stakes in HUBG. GAMMA Investing LLC grew its position in shares of Hub Group by 161.9% in the 2nd quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after buying an additional 850 shares during the last quarter. Polar Asset Management Partners Inc. bought a new position in Hub Group in the 1st quarter valued at $1,482,000. Raymond James Financial Inc. boosted its position in Hub Group by 14.4% during the 1st quarter. Raymond James Financial Inc. now owns 239,146 shares of the transportation company’s stock valued at $8,890,000 after acquiring an additional 30,083 shares in the last quarter. Capital Fund Management S.A. raised its stake in Hub Group by 87.2% in the 2nd quarter. Capital Fund Management S.A. now owns 67,468 shares of the transportation company’s stock worth $2,255,000 after acquiring an additional 31,423 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in Hub Group by 7.4% in the second quarter. State of Alaska Department of Revenue now owns 36,140 shares of the transportation company’s stock valued at $1,207,000 after buying an additional 2,480 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

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.