Rothschild Investment LLC Boosts Stock Holdings in J.B. Hunt Transport Services, Inc. $JBHT

Rothschild Investment LLC lifted its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 14,714.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,148 shares of the transportation company’s stock after buying an additional 4,120 shares during the period. Rothschild Investment LLC’s holdings in J.B. Hunt Transport Services were worth $557,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. AE Wealth Management LLC raised 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 acquiring an additional 3,890 shares during the period. Eldred Rock Partners LLC lifted its stake in J.B. Hunt Transport Services by 11.9% in the 3rd quarter. Eldred Rock Partners LLC now owns 88,061 shares of the transportation company’s stock valued at $11,815,000 after buying an additional 9,345 shares in the last quarter. Machina Capital S.A.S. acquired a new stake in J.B. Hunt Transport Services in the 3rd quarter worth about $3,627,000. AdvisorShares Investments LLC purchased a new stake in J.B. Hunt Transport Services during the 3rd quarter worth approximately $433,000. Finally, Savant Capital LLC raised its holdings in shares of J.B. Hunt Transport Services by 145.6% during the third quarter. Savant Capital LLC now owns 21,689 shares of the transportation company’s stock valued at $2,910,000 after acquiring an additional 12,857 shares during the last quarter. Institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services Stock Performance

NASDAQ JBHT opened at $223.51 on Wednesday. The business’s 50-day moving average price is $206.85 and its 200 day moving average price is $172.15. 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 market cap of $21.28 billion, a P/E ratio of 36.40, a P/E/G ratio of 1.80 and a beta of 1.27. The company has a quick ratio of 0.87, a current ratio of 0.83 and a debt-to-equity ratio of 0.22.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings results on Thursday, January 15th. The transportation company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.09. The business had revenue of $3.10 billion for 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 business’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.53 EPS. On average, equities 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 declared that its board has approved a share repurchase program on Wednesday, October 22nd that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the transportation company to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

J.B. Hunt Transport Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Friday, February 6th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. J.B. Hunt Transport Services’s dividend payout ratio is currently 29.32%.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, CFO Albert Brad Delco sold 1,000 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $227.25, for a total transaction of $227,250.00. Following the completion of the sale, the chief financial officer directly owned 6,983 shares in the company, valued at $1,586,886.75. This represents a 12.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO John Kuhlow sold 1,000 shares of J.B. Hunt Transport Services stock in a transaction on Wednesday, February 4th. The shares were 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 in the company, valued at $4,046,668.08. The trade was a 5.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,316 shares of company stock valued at $6,727,749 in the last quarter. Insiders own 2.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price target on J.B. Hunt Transport Services from $176.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. Argus raised J.B. Hunt Transport Services to a “strong-buy” rating in a research note on Thursday, January 22nd. TD Cowen reaffirmed a “hold” rating on shares of J.B. Hunt Transport Services in a research note on Monday, January 12th. The Goldman Sachs Group lifted their price target on J.B. Hunt Transport Services from $169.00 to $187.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft set a $227.00 price target on shares of J.B. Hunt Transport Services in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, J.B. Hunt Transport Services currently has an average rating of “Moderate Buy” and an average target price of $200.05.

J.B. Hunt Transport Services 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.