Signaturefd LLC Increases Position in J.B. Hunt Transport Services, Inc. $JBHT

Signaturefd LLC grew its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 30.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 813 shares of the transportation company’s stock after buying an additional 192 shares during the quarter. Signaturefd LLC’s holdings in J.B. Hunt Transport Services were worth $117,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in JBHT. Wealth Enhancement Advisory Services LLC increased its position in shares of J.B. Hunt Transport Services by 21.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,102 shares of the transportation company’s stock worth $1,041,000 after purchasing an additional 1,066 shares during the last quarter. NBC Securities Inc. increased its holdings in J.B. Hunt Transport Services by 112,900.0% in the first quarter. NBC Securities Inc. now owns 1,130 shares of the transportation company’s stock valued at $167,000 after buying an additional 1,129 shares during the last quarter. Merit Financial Group LLC raised its stake in J.B. Hunt Transport Services by 127.1% during the first quarter. Merit Financial Group LLC now owns 3,364 shares of the transportation company’s stock valued at $498,000 after buying an additional 1,883 shares in the last quarter. Gateway Investment Advisers LLC lifted its holdings in J.B. Hunt Transport Services by 26.4% during the 1st quarter. Gateway Investment Advisers LLC now owns 5,360 shares of the transportation company’s stock worth $793,000 after buying an additional 1,121 shares during the last quarter. Finally, Washington Capital Management Inc. grew its position in shares of J.B. Hunt Transport Services by 20.0% in the 1st quarter. Washington Capital Management Inc. now owns 4,200 shares of the transportation company’s stock worth $621,000 after acquiring an additional 700 shares in the last quarter. Institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services Stock Up 2.8%

Shares of NASDAQ:JBHT opened at $137.95 on Friday. The firm has a 50 day simple moving average of $140.59 and a 200 day simple moving average of $141.32. J.B. Hunt Transport Services, Inc. has a 52 week low of $122.79 and a 52 week high of $200.40. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market cap of $13.35 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 2.15 and a beta of 1.24.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings results on Tuesday, July 15th. The transportation company reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.34 by ($0.03). The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.93 billion. J.B. Hunt Transport Services had a net margin of 4.59% and a return on equity of 14.26%. The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.32 earnings per share. As a group, research analysts expect that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Friday, August 8th were issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 8th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 32.00%.

Insider Buying and Selling at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, EVP Eric Mcgee purchased 1,148 shares of the company’s stock in a transaction dated Monday, August 4th. The shares were bought at an average price of $140.76 per share, for a total transaction of $161,592.48. Following the purchase, the executive vice president directly owned 7,397 shares in the company, valued at $1,041,201.72. This trade represents a 18.37% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP David Keefauver sold 989 shares of J.B. Hunt Transport Services stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $151.97, for a total transaction of $150,298.33. Following the completion of the sale, the executive vice president directly owned 946 shares of the company’s stock, valued at approximately $143,763.62. The trade was a 51.11% decrease in their position. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently issued reports on JBHT. Bank of America dropped their price target on J.B. Hunt Transport Services from $171.00 to $153.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Barclays dropped their target price on shares of J.B. Hunt Transport Services from $145.00 to $135.00 and set an “equal weight” rating on the stock in a report on Thursday. Raymond James Financial lifted their price target on shares of J.B. Hunt Transport Services from $155.00 to $165.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. The Goldman Sachs Group set a $164.00 price objective on shares of J.B. Hunt Transport Services in a research note on Tuesday, July 8th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of J.B. Hunt Transport Services in a research note on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $160.62.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.