Caerus Investment Advisors LLC Takes Position in J.B. Hunt Transport Services, Inc. $JBHT

Caerus Investment Advisors LLC purchased 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 Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,859 shares of the transportation company’s stock, valued at approximately $786,000.

Other hedge funds also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in J.B. Hunt Transport Services during the 3rd quarter valued at $25,000. Cromwell Holdings LLC raised its stake in shares of J.B. Hunt Transport Services by 52.2% in the third quarter. Cromwell Holdings LLC now owns 207 shares of the transportation company’s stock worth $28,000 after purchasing an additional 71 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of J.B. Hunt Transport Services by 41.5% during the third quarter. Parkside Financial Bank & Trust now owns 225 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 66 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of J.B. Hunt Transport Services by 52.8% during the third quarter. Hantz Financial Services Inc. now owns 220 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 76 shares in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of J.B. Hunt Transport Services during the second quarter valued at $31,000. 74.95% of the stock is currently owned by hedge funds and other institutional investors.

J.B. Hunt Transport Services Stock Down 1.3%

JBHT stock opened at $200.12 on Wednesday. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $122.79 and a fifty-two week high of $236.00. The business’s 50-day moving average is $215.52 and its two-hundred day moving average is $182.85. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.83. The company has a market cap of $18.93 billion, a price-to-earnings ratio of 32.59, a P/E/G ratio of 1.65 and a beta of 1.23.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly 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. J.B. Hunt Transport Services had a return on equity of 16.33% and a net margin of 4.99%.The business 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 company posted $1.53 EPS. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. As a group, analysts forecast that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.9%. This is a positive change from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. The ex-dividend date was Friday, February 6th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 29.32%.

Insider Activity at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, EVP Ronald Greer Woodruff sold 331 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $225.57, for a total value of $74,663.67. Following the transaction, the executive vice president directly owned 4,019 shares in the company, valued at approximately $906,565.83. This trade represents a 7.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bradley W. Hicks sold 4,028 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $225.13, for a total transaction of $906,823.64. Following the sale, the insider directly owned 30,395 shares of the company’s stock, valued at approximately $6,842,826.35. The trade was a 11.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,945 shares of company stock valued at $5,656,495 in the last three months. Corporate insiders own 2.30% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft set a $227.00 price objective on J.B. Hunt Transport Services in a report on Thursday, December 11th. Barclays raised their price target on shares of J.B. Hunt Transport Services from $150.00 to $200.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. The Goldman Sachs Group boosted their price objective on shares of J.B. Hunt Transport Services from $169.00 to $187.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Argus upgraded shares of J.B. Hunt Transport Services to a “strong-buy” rating in a research report on Thursday, January 22nd. Finally, Stifel Nicolaus set a $201.00 target price on shares of J.B. Hunt Transport Services in a report on Friday, January 16th. One 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. According to MarketBeat.com, J.B. Hunt Transport Services has an average rating of “Moderate Buy” and a consensus target price of $203.00.

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.