Jefferies Financial Group Inc. Has $1.58 Million Stock Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Jefferies Financial Group Inc. decreased its stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 53.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,269 shares of the transportation company’s stock after selling 10,521 shares during the period. Jefferies Financial Group Inc.’s holdings in J.B. Hunt Transport Services were worth $1,582,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. grew its position in J.B. Hunt Transport Services by 5.1% during the 4th quarter. Invesco Ltd. now owns 2,124,425 shares of the transportation company’s stock worth $362,554,000 after acquiring an additional 104,019 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of J.B. Hunt Transport Services by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 1,997,568 shares of the transportation company’s stock valued at $340,049,000 after purchasing an additional 8,968 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of J.B. Hunt Transport Services by 428.4% during the fourth quarter. Wellington Management Group LLP now owns 1,263,391 shares of the transportation company’s stock worth $215,610,000 after purchasing an additional 1,024,295 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of J.B. Hunt Transport Services by 10.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,181,027 shares of the transportation company’s stock worth $201,555,000 after purchasing an additional 108,933 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of J.B. Hunt Transport Services by 111.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 956,504 shares of the transportation company’s stock valued at $163,237,000 after buying an additional 503,324 shares during the period. Institutional investors and hedge funds own 74.95% of the company’s stock.

J.B. Hunt Transport Services Stock Up 0.4%

JBHT stock opened at $147.89 on Thursday. The business’s 50-day moving average price is $139.89 and its 200-day moving average price is $163.43. The stock has a market cap of $14.67 billion, a P/E ratio of 26.60, a PEG ratio of 1.61 and a beta of 1.33. The company has a quick ratio of 0.94, a current ratio of 1.03 and a debt-to-equity ratio of 0.24. J.B. Hunt Transport Services, Inc. has a twelve month low of $122.79 and a twelve month high of $200.40.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings results on Tuesday, April 15th. The transportation company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.02. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.92 billion. J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. On average, equities research analysts forecast that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current year.

J.B. Hunt Transport Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Friday, May 9th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 31.94%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on JBHT shares. Sanford C. Bernstein set a $148.00 price target on shares of J.B. Hunt Transport Services and gave the company a “market perform” rating in a research report on Wednesday, April 16th. Stephens decreased their price objective on J.B. Hunt Transport Services from $170.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, April 16th. JPMorgan Chase & Co. cut their target price on J.B. Hunt Transport Services from $167.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Raymond James decreased their price target on J.B. Hunt Transport Services from $190.00 to $165.00 and set an “outperform” rating for the company in a research note on Friday, April 11th. Finally, Bank of America cut their price objective on J.B. Hunt Transport Services from $189.00 to $170.00 and set a “buy” rating on the stock in a research note on Monday, March 17th. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.20.

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

In related news, EVP Darren P. Field sold 1,200 shares of J.B. Hunt Transport Services stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $161.67, for a total value of $194,004.00. Following the completion of the transaction, the executive vice president now owns 17,822 shares in the company, valued at approximately $2,881,282.74. This trade represents a 6.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Nicholas Hobbs acquired 1,529 shares of the company’s stock in a transaction on Wednesday, April 23rd. The shares were purchased at an average cost of $130.75 per share, with a total value of $199,916.75. Following the completion of the purchase, the chief operating officer now directly owns 91,847 shares of the company’s stock, valued at $12,008,995.25. This trade represents a 1.69% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 2.30% of the company’s stock.

J.B. Hunt Transport Services Company Profile

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.