J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Shares Acquired by Disciplined Investments LLC

Disciplined Investments LLC boosted its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 1.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,067 shares of the transportation company’s stock after buying an additional 412 shares during the quarter. J.B. Hunt Transport Services comprises 3.2% of Disciplined Investments LLC’s portfolio, making the stock its 6th biggest holding. Disciplined Investments LLC’s holdings in J.B. Hunt Transport Services were worth $5,791,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of JBHT. Trillium Asset Management LLC lifted its position in shares of J.B. Hunt Transport Services by 19.3% during the 4th quarter. Trillium Asset Management LLC now owns 174,450 shares of the transportation company’s stock worth $34,844,000 after purchasing an additional 28,202 shares during the last quarter. Empirical Capital Management LLC bought a new stake in shares of J.B. Hunt Transport Services in the fourth quarter valued at approximately $8,089,000. Virtu Financial LLC acquired a new stake in shares of J.B. Hunt Transport Services in the fourth quarter worth $1,795,000. International Assets Investment Management LLC bought a new position in J.B. Hunt Transport Services during the fourth quarter worth $11,513,000. Finally, Trexquant Investment LP acquired a new position in J.B. Hunt Transport Services during the 4th quarter valued at $1,463,000. 74.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Wells Fargo & Company initiated coverage on J.B. Hunt Transport Services in a report on Friday, June 7th. They issued an “overweight” rating and a $185.00 price target for the company. Benchmark restated a “buy” rating and set a $215.00 price target on shares of J.B. Hunt Transport Services in a research note on Wednesday, April 17th. BMO Capital Markets dropped their price objective on J.B. Hunt Transport Services from $218.00 to $200.00 and set an “outperform” rating for the company in a research note on Thursday, April 18th. Evercore ISI dropped their target price on shares of J.B. Hunt Transport Services from $199.00 to $191.00 and set an “outperform” rating for the company in a research report on Tuesday. Finally, JPMorgan Chase & Co. cut their price objective on J.B. Hunt Transport Services from $209.00 to $204.00 and set an “overweight” rating for the company in a research report on Wednesday, April 17th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $192.29.

J.B. Hunt Transport Services Stock Performance

JBHT traded up $0.86 during trading on Wednesday, hitting $157.13. The stock had a trading volume of 516,488 shares, compared to its average volume of 838,704. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.26 and a quick ratio of 1.26. The company has a 50 day moving average price of $162.06 and a 200-day moving average price of $186.63. J.B. Hunt Transport Services, Inc. has a one year low of $153.12 and a one year high of $219.51. The firm has a market cap of $16.22 billion, a price-to-earnings ratio of 24.94, a P/E/G ratio of 1.78 and a beta of 1.15.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings data 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 return on equity of 16.25% and a net margin of 5.25%. The firm had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $3.12 billion. As a group, research analysts predict that J.B. Hunt Transport Services, Inc. will post 6.48 EPS for the current year.

J.B. Hunt Transport Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Friday, May 10th were issued a dividend of $0.43 per share. 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 presently 27.30%.

Insider Buying and Selling

In other news, CEO John N. Roberts purchased 6,200 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was bought at an average cost of $161.06 per share, for a total transaction of $998,572.00. Following the purchase, the chief executive officer now owns 313,955 shares of the company’s stock, valued at $50,565,592.30. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.10% of the stock is owned by corporate insiders.

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.