Sepio Capital LP Has $1.09 Million Stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Sepio Capital LP decreased its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 5.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,463 shares of the transportation company’s stock after selling 326 shares during the quarter. Sepio Capital LP’s holdings in J.B. Hunt Transport Services were worth $1,091,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Drive Wealth Management LLC boosted its holdings in J.B. Hunt Transport Services by 3.5% during the 4th quarter. Drive Wealth Management LLC now owns 1,696 shares of the transportation company’s stock worth $339,000 after acquiring an additional 57 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in J.B. Hunt Transport Services by 26.2% during the 4th quarter. Exchange Traded Concepts LLC now owns 299 shares of the transportation company’s stock worth $60,000 after acquiring an additional 62 shares during the last quarter. New York Life Investment Management LLC boosted its holdings in J.B. Hunt Transport Services by 0.5% during the 4th quarter. New York Life Investment Management LLC now owns 12,711 shares of the transportation company’s stock worth $2,539,000 after acquiring an additional 65 shares during the last quarter. Tempus Wealth Planning LLC boosted its holdings in J.B. Hunt Transport Services by 1.4% during the 4th quarter. Tempus Wealth Planning LLC now owns 5,628 shares of the transportation company’s stock worth $1,124,000 after acquiring an additional 76 shares during the last quarter. Finally, Wahed Invest LLC boosted its holdings in J.B. Hunt Transport Services by 6.6% during the 3rd quarter. Wahed Invest LLC now owns 1,263 shares of the transportation company’s stock worth $238,000 after acquiring an additional 78 shares during the last quarter. Institutional investors and hedge funds own 74.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on JBHT. BMO Capital Markets cut their price objective on shares of J.B. Hunt Transport Services from $218.00 to $200.00 and set an “outperform” rating on the stock in a report on Thursday, April 18th. Robert W. Baird cut their price target on shares of J.B. Hunt Transport Services from $215.00 to $205.00 and set an “outperform” rating on the stock in a report on Wednesday, April 17th. StockNews.com raised shares of J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a report on Monday, April 29th. Susquehanna cut their price target on shares of J.B. Hunt Transport Services from $195.00 to $185.00 and set a “neutral” rating on the stock in a report on Wednesday, April 17th. Finally, UBS Group cut their price target on shares of J.B. Hunt Transport Services from $234.00 to $211.00 and set a “buy” rating on the stock in a report on Wednesday, April 17th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, J.B. Hunt Transport Services presently has an average rating of “Moderate Buy” and an average price target of $194.24.

Insider Buying and Selling

In related news, EVP Brian Webb sold 900 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $208.54, for a total value of $187,686.00. Following the transaction, the executive vice president now directly owns 15,032 shares in the company, valued at $3,134,773.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other J.B. Hunt Transport Services news, Director Patrick J. Ottensmeyer purchased 5,000 shares of J.B. Hunt Transport Services stock in a transaction on Monday, March 4th. The shares were acquired at an average cost of $202.99 per share, for a total transaction of $1,014,950.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $1,014,950. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, EVP Brian Webb sold 900 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $208.54, for a total transaction of $187,686.00. Following the transaction, the executive vice president now owns 15,032 shares in the company, valued at $3,134,773.28. The disclosure for this sale can be found here. 2.10% of the stock is owned by company insiders.

J.B. Hunt Transport Services Price Performance

Shares of JBHT traded down $0.26 during midday trading on Friday, hitting $157.62. 462,000 shares of the company traded hands, compared to its average volume of 861,042. The stock has a 50-day moving average of $177.41 and a 200-day moving average of $190.18. J.B. Hunt Transport Services, Inc. has a one year low of $155.43 and a one year high of $219.51. The firm has a market cap of $16.27 billion, a P/E ratio of 25.02, a PEG ratio of 1.79 and a beta of 1.17. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.26 and a quick ratio of 1.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings results on Tuesday, April 16th. The transportation company reported $1.22 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.31). J.B. Hunt Transport Services had a net margin of 5.25% and a return on equity of 16.25%. The company had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $3.12 billion. As a group, sell-side analysts predict that J.B. Hunt Transport Services, Inc. will post 6.48 EPS for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Friday, May 10th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Thursday, May 9th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is 27.30%.

About J.B. Hunt Transport Services

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.