111 Capital Acquires Shares of 3,656 J.B. Hunt Transport Services, Inc. $JBHT

111 Capital acquired a new stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 3,656 shares of the transportation company’s stock, valued at approximately $491,000.

Other institutional investors have also bought and sold shares of the company. AE Wealth Management LLC increased its position in J.B. Hunt Transport Services by 3.2% during the third quarter. AE Wealth Management LLC now owns 125,829 shares of the transportation company’s stock worth $16,883,000 after purchasing an additional 3,890 shares during the last quarter. Eldred Rock Partners LLC boosted its position in shares of J.B. Hunt Transport Services by 11.9% during the third quarter. Eldred Rock Partners LLC now owns 88,061 shares of the transportation company’s stock worth $11,815,000 after buying an additional 9,345 shares during the period. Machina Capital S.A.S. acquired a new stake in shares of J.B. Hunt Transport Services in the third quarter valued at $3,627,000. AdvisorShares Investments LLC purchased a new stake in shares of J.B. Hunt Transport Services in the 3rd quarter valued at $433,000. Finally, Savant Capital LLC lifted its stake in J.B. Hunt Transport Services by 145.6% during the 3rd quarter. Savant Capital LLC now owns 21,689 shares of the transportation company’s stock worth $2,910,000 after acquiring an additional 12,857 shares in the last quarter. 74.95% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other J.B. Hunt Transport Services news, CAO John Kuhlow sold 1,000 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $225.68, for a total transaction of $225,680.00. Following the transaction, the chief accounting officer owned 17,931 shares of the company’s stock, valued at $4,046,668.08. This represents a 5.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Ronald Greer Woodruff sold 331 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $225.57, for a total value of $74,663.67. Following the sale, the executive vice president owned 4,019 shares in the company, valued at $906,565.83. This trade represents a 7.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 28,329 shares of company stock worth $6,107,619 in the last quarter. 2.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Evercore set a $222.00 price objective on shares of J.B. Hunt Transport Services in a report on Friday, January 16th. Robert W. Baird boosted their price target on shares of J.B. Hunt Transport Services from $173.00 to $215.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Sanford C. Bernstein increased their price objective on shares of J.B. Hunt Transport Services from $158.00 to $195.00 and gave the company a “market perform” rating in a research report on Friday, January 9th. Benchmark raised their price objective on J.B. Hunt Transport Services from $212.00 to $220.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, The Goldman Sachs Group raised their price objective on shares of J.B. Hunt Transport Services from $169.00 to $187.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $203.00.

J.B. Hunt Transport Services Stock Down 0.5%

Shares of NASDAQ JBHT opened at $230.87 on Wednesday. The stock has a market capitalization of $21.84 billion, a price-to-earnings ratio of 37.60, a price-to-earnings-growth ratio of 1.89 and a beta of 1.23. J.B. Hunt Transport Services, Inc. has a 52 week low of $122.79 and a 52 week high of $234.82. The firm has a 50-day moving average price of $212.70 and a 200 day moving average price of $178.10. The company has a quick ratio of 0.81, a current ratio of 0.83 and a debt-to-equity ratio of 0.22.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its earnings results on Thursday, January 15th. The transportation company reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.09. The company had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.10 billion. J.B. Hunt Transport Services had a net margin of 4.99% and a return on equity of 16.33%. The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the company posted $1.53 earnings per share. Equities research analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 6th were given a dividend of $0.45 per share. The ex-dividend date was Friday, February 6th. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 29.32%.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.

In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.