J.B. Hunt Transport Services, Inc. $JBHT Shares Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC increased its position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 114.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,310 shares of the transportation company’s stock after purchasing an additional 7,094 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in J.B. Hunt Transport Services were worth $1,786,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. 111 Capital acquired a new position in J.B. Hunt Transport Services during the 3rd quarter worth approximately $491,000. American Century Companies Inc. boosted its stake in shares of J.B. Hunt Transport Services by 12.4% in the third quarter. American Century Companies Inc. now owns 234,471 shares of the transportation company’s stock valued at $31,459,000 after buying an additional 25,816 shares in the last quarter. Huntington National Bank grew its holdings in J.B. Hunt Transport Services by 12.3% during the third quarter. Huntington National Bank now owns 748 shares of the transportation company’s stock worth $100,000 after acquiring an additional 82 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in J.B. Hunt Transport Services in the third quarter worth $327,000. Finally, DNB Asset Management AS lifted its holdings in J.B. Hunt Transport Services by 2.7% in the third quarter. DNB Asset Management AS now owns 16,378 shares of the transportation company’s stock valued at $2,197,000 after acquiring an additional 438 shares during the period. Hedge funds and other institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services Stock Down 3.6%

Shares of NASDAQ JBHT opened at $226.36 on Friday. The firm’s 50-day moving average is $214.00 and its two-hundred day moving average is $178.83. The company has a market capitalization of $21.41 billion, a PE ratio of 36.87, a price-to-earnings-growth ratio of 1.91 and a beta of 1.23. J.B. Hunt Transport Services, Inc. has a 12-month low of $122.79 and a 12-month high of $236.00. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.81.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings data on Thursday, January 15th. The transportation company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.09. J.B. Hunt Transport Services had a return on equity of 16.33% and a net margin of 4.99%.The firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the previous year, the firm posted $1.53 EPS. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. Equities 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 business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were given a $0.45 dividend. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, February 6th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 29.32%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Robert W. Baird upped 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 research note on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of J.B. Hunt Transport Services in a research report on Monday, December 29th. UBS Group increased their target price on shares of J.B. Hunt Transport Services from $174.00 to $196.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Barclays boosted their price target on J.B. Hunt Transport Services from $150.00 to $200.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $214.00 price objective on shares of J.B. Hunt Transport Services in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $203.00.

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

In other J.B. Hunt Transport Services news, CFO Albert Brad Delco sold 1,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $227.25, for a total transaction of $227,250.00. Following the sale, the chief financial officer directly owned 6,983 shares of the company’s stock, valued at $1,586,886.75. This trade represents a 12.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO John Kuhlow sold 1,000 shares of J.B. Hunt Transport Services stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $225.68, for a total transaction of $225,680.00. Following the sale, the chief accounting officer owned 17,931 shares of the company’s stock, valued at approximately $4,046,668.08. This trade represents a 5.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 28,329 shares of company stock valued at $6,107,619. 2.30% of the stock is owned by company insiders.

J.B. Hunt Transport Services Company Profile

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.