Segall Bryant & Hamill LLC lessened its holdings in shares of Hub Group, Inc. (NASDAQ:HUBG – Free Report) by 53.7% in the first quarter, Holdings Channel.com reports. The fund owned 284,591 shares of the transportation company’s stock after selling 330,154 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Hub Group were worth $10,257,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of Hub Group by 265.9% in the 4th 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 last quarter. Torren Management LLC acquired a new stake in shares of Hub Group during the fourth quarter worth $31,000. Quarry LP increased its holdings in Hub Group by 271.5% in the third quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock valued at $38,000 after purchasing an additional 809 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Hub Group by 33.4% in the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 321 shares during the last quarter. Finally, State of Wyoming acquired a new position in Hub Group in the first quarter valued at about $52,000. Institutional investors own 46.77% of the company’s stock.
Hub Group Price Performance
HUBG opened at $46.53 on Monday. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of 26.90, a P/E/G ratio of 1.33 and a beta of 1.22. The business’s 50-day moving average price is $45.60 and its two-hundred day moving average price is $42.84. Hub Group, Inc. has a 1 year low of $32.46 and a 1 year high of $53.26.
Hub Group Dividend Announcement
Key Headlines Impacting Hub Group
Here are the key news stories impacting Hub Group this week:
- Neutral Sentiment: Several firms reminded investors that August 28, 2026, is the deadline to seek appointment as lead plaintiff in the pending federal securities lawsuit. These notices are largely procedural and repeat previously reported information. Hub Group securities fraud class action deadline
- Negative Sentiment: The allegations center on potentially material misstatements in Hub Group’s financial reporting, revenue-recognition practices and internal controls. Investors claim the company and senior executives provided false or misleading information, raising concerns about the reliability of historical results and the possibility of restatements, regulatory scrutiny or additional costs. Hagens Berman Hub Group investigation
- Negative Sentiment: The lawsuit covers investors who purchased HUBG securities from April 28, 2023, through May 11, 2026. Legal notices reference approximately $77 million in allegedly understated costs, three years of unreliable financial statements and an approximately 31% stock decline tied to the alleged disclosures. The claims have not been proven in court. Hub Group shareholder alert
- Negative Sentiment: The unusually high volume of near-identical announcements from investor-rights firms increases visibility around the litigation and may weigh on investor confidence. Potential outcomes include settlement payments, litigation expenses, management distraction and continued uncertainty over Hub Group’s financial controls.
Analyst Upgrades and Downgrades
HUBG has been the subject of a number of recent analyst reports. Zacks Research raised Hub Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Weiss Ratings restated a “hold (c)” rating on shares of Hub Group in a report on Wednesday, June 24th. Raymond James Financial reaffirmed an “outperform” rating and issued a $48.00 target price on shares of Hub Group in a research note on Wednesday, April 15th. Finally, Benchmark reduced their price target on shares of Hub Group from $50.00 to $42.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $43.31.
Read Our Latest Research Report on HUBG
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.
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