Y Intercept Hong Kong Ltd Makes New Investment in Hub Group, Inc. $HUBG

Y Intercept Hong Kong Ltd acquired a new stake in Hub Group, Inc. (NASDAQ:HUBG) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 19,743 shares of the transportation company’s stock, valued at approximately $712,000.

A number of other institutional investors have also recently modified their holdings of HUBG. Northwestern Mutual Wealth Management Co. increased its position in shares of Hub Group by 265.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the transportation company’s stock worth $27,000 after purchasing an additional 468 shares during the period. Torren Management LLC bought a new stake in Hub Group during the fourth quarter worth about $31,000. Quarry LP lifted its position in Hub Group by 271.5% during the third quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock worth $38,000 after purchasing an additional 809 shares during the period. Smartleaf Asset Management LLC grew its stake in Hub Group by 33.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock worth $44,000 after buying an additional 321 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in Hub Group by 333.8% during the second quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock worth $50,000 after buying an additional 1,145 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors.

Trending Headlines about Hub Group

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

Hub Group Stock Up 3.2%

Shares of HUBG stock opened at $47.69 on Tuesday. Hub Group, Inc. has a twelve month low of $32.46 and a twelve month high of $53.26. The stock’s fifty day simple moving average is $43.16 and its 200 day simple moving average is $42.40. The firm has a market capitalization of $2.92 billion, a P/E ratio of 27.57, a P/E/G ratio of 1.32 and a beta of 1.22.

Hub Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, June 5th were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.50 annualized dividend and a dividend yield of 1.0%. Hub Group’s dividend payout ratio is currently 28.90%.

Wall Street Analysts Forecast Growth

HUBG has been the subject of several analyst reports. Raymond James Financial restated an “outperform” rating and issued a $48.00 target price on shares of Hub Group in a research report on Wednesday, April 15th. Benchmark decreased their price objective 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 restated a “hold (c)” rating on shares of Hub Group in a research report on Wednesday, June 24th. Zacks Research upgraded Hub Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Stifel Nicolaus raised their price objective on Hub Group from $27.00 to $29.00 and gave the company a “sell” rating in a research note on Thursday, April 2nd. Seven 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $43.14.

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.