MASTERINVEST Kapitalanlage GmbH Boosts Stock Holdings in J.B. Hunt Transport Services, Inc. $JBHT

MASTERINVEST Kapitalanlage GmbH raised its position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHTFree Report) by 69.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 9,373 shares of the transportation company’s stock after acquiring an additional 3,829 shares during the quarter. MASTERINVEST Kapitalanlage GmbH’s holdings in J.B. Hunt Transport Services were worth $1,986,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of JBHT. Wealth Enhancement Advisory Services LLC increased its holdings in J.B. Hunt Transport Services by 45.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 56,809 shares of the transportation company’s stock worth $11,712,000 after acquiring an additional 17,839 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in J.B. Hunt Transport Services during the second quarter valued at about $539,000. Merit Financial Group LLC lifted its holdings in J.B. Hunt Transport Services by 48.6% during the fourth quarter. Merit Financial Group LLC now owns 13,849 shares of the transportation company’s stock valued at $2,692,000 after purchasing an additional 4,527 shares during the last quarter. HighTower Advisors LLC boosted its position in J.B. Hunt Transport Services by 71.7% during the fourth quarter. HighTower Advisors LLC now owns 9,684 shares of the transportation company’s stock worth $1,882,000 after purchasing an additional 4,043 shares during the period. Finally, Hudson Bay Capital Management LP bought a new position in J.B. Hunt Transport Services during the third quarter worth about $6,435,000. 74.95% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Spencer Frazier sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $258.20, for a total value of $516,400.00. Following the sale, the executive vice president directly owned 4,604 shares of the company’s stock, valued at $1,188,752.80. This trade represents a 30.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Bradley W. Hicks sold 7,644 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $261.91, for a total transaction of $2,002,040.04. Following the sale, the insider owned 23,982 shares of the company’s stock, valued at approximately $6,281,125.62. The trade was a 24.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 18,119 shares of company stock valued at $4,736,095 over the last three months. Corporate insiders own 2.50% of the company’s stock.

J.B. Hunt Transport Services Trading Down 0.8%

Shares of JBHT opened at $280.87 on Wednesday. J.B. Hunt Transport Services, Inc. has a twelve month low of $130.12 and a twelve month high of $294.98. The stock has a market cap of $26.49 billion, a PE ratio of 43.48, a P/E/G ratio of 2.06 and a beta of 1.29. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The business’s 50-day moving average price is $271.66 and its 200-day moving average price is $236.62.

J.B. Hunt Transport Services (NASDAQ:JBHTGet Free Report) last released its quarterly earnings data on Wednesday, April 15th. The transportation company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.04. J.B. Hunt Transport Services had a net margin of 5.13% and a return on equity of 17.30%. The company had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.01 billion. During the same period last year, the business earned $1.17 earnings per share. J.B. Hunt Transport Services’s revenue was up 4.6% compared to the same quarter last year. On average, equities analysts forecast that J.B. Hunt Transport Services, Inc. will post 7.32 EPS for the current fiscal year.

J.B. Hunt Transport Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.80 annualized dividend and a dividend yield of 0.6%. J.B. Hunt Transport Services’s payout ratio is presently 27.86%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on JBHT. Barclays lifted their target price on shares of J.B. Hunt Transport Services from $235.00 to $270.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 25th. Argus set a $285.00 price objective on shares of J.B. Hunt Transport Services in a report on Monday, April 20th. Morgan Stanley reiterated an “underweight” rating and issued a $200.00 price objective (up from $190.00) on shares of J.B. Hunt Transport Services in a research note on Monday, July 6th. Wells Fargo & Company boosted their target price on shares of J.B. Hunt Transport Services from $250.00 to $310.00 and gave the company an “overweight” rating in a report on Friday, June 5th. Finally, BMO Capital Markets increased their target price on J.B. Hunt Transport Services from $250.00 to $320.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $263.04.

View Our Latest Research Report on JBHT

J.B. Hunt Transport Services Profile

(Free Report)

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.

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Institutional Ownership by Quarter for J.B. Hunt Transport Services (NASDAQ:JBHT)

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