First Trust Advisors LP Sells 15,413 Shares of Hub Group, Inc. $HUBG

First Trust Advisors LP cut its holdings in Hub Group, Inc. (NASDAQ:HUBG) by 15.4% during the 1st quarter, Holdings Channel reports. The firm owned 84,709 shares of the transportation company’s stock after selling 15,413 shares during the period. First Trust Advisors LP’s holdings in Hub Group were worth $3,053,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Deprince Race & Zollo Inc. increased its stake in shares of Hub Group by 3.3% during the fourth quarter. Deprince Race & Zollo Inc. now owns 1,029,791 shares of the transportation company’s stock valued at $43,879,000 after buying an additional 33,224 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Hub Group by 78,261.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 137,917 shares of the transportation company’s stock worth $5,877,000 after acquiring an additional 137,741 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Hub Group by 130.9% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 86,347 shares of the transportation company’s stock valued at $3,683,000 after acquiring an additional 48,949 shares in the last quarter. Louisiana State Employees Retirement System bought a new stake in Hub Group in the first quarter valued at $969,000. Finally, Leuthold Group LLC purchased a new position in Hub Group during the 4th quarter valued at $3,163,000. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on HUBG. Raymond James Financial restated an “outperform” rating and issued a $48.00 price objective on shares of Hub Group in a report on Wednesday, April 15th. Benchmark cut their target price on shares of Hub Group from $50.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Hub Group in a research report on Wednesday, June 24th. Finally, Zacks Research raised shares of Hub Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Hub Group presently has a consensus rating of “Hold” and a consensus target price of $43.31.

Hub Group News Roundup

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

• Neutral Sentiment: Multiple law firms reminded investors that August 28, 2026 is the deadline to seek appointment as lead plaintiff in a federal securities class action covering purchases of Hub Group securities from April 28, 2023, through May 11, 2026. These notices are largely duplicative and do not represent new company operating results. Rosen investor notice
• Negative Sentiment: The lawsuit alleges that Hub Group made materially false or misleading statements about its financial results, accounting practices, internal controls, revenue recognition and the factors driving reported performance. Investors may view the allegations as raising uncertainty about the reliability of prior financial disclosures and potential litigation costs or damages. Hub Group shareholder class-action notice
• Negative Sentiment: One investor notice specifically alleges that the company understated approximately $77 million in purchased transportation costs over three quarters while attributing expense improvement to “strong cost controls” and “network optimization.” The claims are allegations and have not been established in court, but they increase concerns about earnings quality and internal controls. Hub Group cost understatement allegations

Hub Group Stock Down 2.8%

Shares of HUBG stock opened at $46.23 on Friday. The business’s fifty day moving average is $45.96 and its 200 day moving average is $42.84. The stock has a market cap of $2.83 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 1.36 and a beta of 1.22. Hub Group, Inc. has a twelve month low of $32.90 and a twelve month high of $53.26.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, June 5th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.1%. Hub Group’s dividend payout ratio is currently 28.90%.

Hub Group 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.