ASR Vermogensbeheer N.V. Buys 290 Shares of J.B. Hunt Transport Services, Inc. $JBHT

ASR Vermogensbeheer N.V. grew its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 4.7% in the second quarter, Holdings Channel reports. The fund owned 6,415 shares of the transportation company’s stock after acquiring an additional 290 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in J.B. Hunt Transport Services were worth $921,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Summit Securities Group LLC boosted its holdings in J.B. Hunt Transport Services by 19,600.0% in the 1st quarter. Summit Securities Group LLC now owns 197 shares of the transportation company’s stock worth $29,000 after buying an additional 196 shares during the period. Allworth Financial LP boosted its holdings in J.B. Hunt Transport Services by 167.0% in the 1st quarter. Allworth Financial LP now owns 235 shares of the transportation company’s stock worth $35,000 after buying an additional 147 shares during the period. National Pension Service boosted its holdings in J.B. Hunt Transport Services by 74.9% in the 1st quarter. National Pension Service now owns 306 shares of the transportation company’s stock worth $45,000 after buying an additional 131 shares during the period. Farther Finance Advisors LLC boosted its holdings in J.B. Hunt Transport Services by 38.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 316 shares of the transportation company’s stock worth $45,000 after buying an additional 88 shares during the period. Finally, TD Private Client Wealth LLC boosted its holdings in J.B. Hunt Transport Services by 49.3% in the 1st quarter. TD Private Client Wealth LLC now owns 330 shares of the transportation company’s stock worth $49,000 after buying an additional 109 shares during the period. 74.95% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other J.B. Hunt Transport Services news, EVP David Keefauver sold 989 shares of the business’s stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $151.97, for a total value of $150,298.33. Following the transaction, the executive vice president owned 946 shares in the company, valued at approximately $143,763.62. The trade was a 51.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Eric Mcgee acquired 1,148 shares of the firm’s stock in a transaction on Monday, August 4th. The stock was purchased at an average price of $140.76 per share, for a total transaction of $161,592.48. Following the transaction, the executive vice president directly owned 7,397 shares of the company’s stock, valued at approximately $1,041,201.72. This trade represents a 18.37% increase in their position. The disclosure for this purchase can be found here. 2.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

JBHT has been the subject of several analyst reports. Evercore ISI cut their price objective on shares of J.B. Hunt Transport Services from $159.00 to $155.00 and set an “outperform” rating for the company in a report on Tuesday. JPMorgan Chase & Co. raised their price objective on shares of J.B. Hunt Transport Services from $159.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Bank of America lowered their target price on shares of J.B. Hunt Transport Services from $171.00 to $153.00 and set a “buy” rating on the stock in a research note on Tuesday, September 16th. Baird R W raised shares of J.B. Hunt Transport Services to a “strong-buy” rating in a report on Tuesday, July 1st. Finally, Morgan Stanley cut their price target on shares of J.B. Hunt Transport Services from $160.00 to $155.00 and set an “equal weight” rating for the company in a report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $160.62.

J.B. Hunt Transport Services Price Performance

Shares of NASDAQ:JBHT opened at $137.95 on Friday. The stock has a market cap of $13.35 billion, a PE ratio of 25.08, a PEG ratio of 2.15 and a beta of 1.24. The company’s fifty day moving average is $140.59 and its 200 day moving average is $141.32. J.B. Hunt Transport Services, Inc. has a 52 week low of $122.79 and a 52 week high of $200.40. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.28.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its earnings results on Tuesday, July 15th. The transportation company reported $1.31 EPS for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.03). The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.93 billion. J.B. Hunt Transport Services had a return on equity of 14.26% and a net margin of 4.59%.J.B. Hunt Transport Services’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.32 EPS. Research analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Friday, August 8th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, August 8th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 32.00%.

J.B. Hunt Transport Services 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.