Bradley Foster & Sargent Inc. CT Has $1.47 Million Stock Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Bradley Foster & Sargent Inc. CT grew its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,637 shares of the transportation company’s stock after purchasing an additional 201 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in J.B. Hunt Transport Services were worth $1,474,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Catalyst Capital Advisors LLC acquired a new position in J.B. Hunt Transport Services during the third quarter worth $26,000. True Wealth Design LLC increased its stake in shares of J.B. Hunt Transport Services by 2,028.6% during the 3rd quarter. True Wealth Design LLC now owns 149 shares of the transportation company’s stock worth $26,000 after purchasing an additional 142 shares during the last quarter. Cromwell Holdings LLC raised its holdings in shares of J.B. Hunt Transport Services by 47.2% in the 3rd quarter. Cromwell Holdings LLC now owns 237 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 76 shares during the period. Versant Capital Management Inc lifted its stake in J.B. Hunt Transport Services by 102.2% in the 4th quarter. Versant Capital Management Inc now owns 281 shares of the transportation company’s stock valued at $48,000 after purchasing an additional 142 shares during the last quarter. Finally, Huntington National Bank grew its holdings in J.B. Hunt Transport Services by 21.8% during the third quarter. Huntington National Bank now owns 341 shares of the transportation company’s stock worth $59,000 after purchasing an additional 61 shares during the period. Institutional investors own 74.95% of the company’s stock.

Analyst Upgrades and Downgrades

JBHT has been the topic of several research analyst reports. Stephens restated an “overweight” rating and issued a $205.00 price objective on shares of J.B. Hunt Transport Services in a research note on Friday, January 17th. Citigroup dropped their price target on J.B. Hunt Transport Services from $204.00 to $193.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Wells Fargo & Company reduced their price objective on shares of J.B. Hunt Transport Services from $200.00 to $190.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. UBS Group dropped their price objective on shares of J.B. Hunt Transport Services from $211.00 to $196.00 and set a “buy” rating on the stock in a research report on Friday, January 17th. Finally, Stifel Nicolaus reduced their target price on shares of J.B. Hunt Transport Services from $167.00 to $161.00 and set a “hold” rating for the company in a report on Wednesday, January 15th. Six research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $191.11.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, CEO Shelley Simpson sold 6,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $183.47, for a total transaction of $1,100,820.00. Following the completion of the transaction, the chief executive officer now owns 82,264 shares of the company’s stock, valued at approximately $15,092,976.08. The trade was a 6.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Eric Mcgee sold 145 shares of the stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $182.72, for a total transaction of $26,494.40. Following the completion of the transaction, the executive vice president now directly owns 700 shares of the company’s stock, valued at $127,904. This trade represents a 17.16 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,545 shares of company stock valued at $1,898,942. Company insiders own 2.10% of the company’s stock.

J.B. Hunt Transport Services Price Performance

Shares of NASDAQ JBHT opened at $167.71 on Friday. The business has a fifty day moving average price of $172.42 and a two-hundred day moving average price of $174.78. The stock has a market capitalization of $16.91 billion, a PE ratio of 30.16, a P/E/G ratio of 1.62 and a beta of 1.15. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 0.94. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $153.12 and a fifty-two week high of $214.39.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings results on Thursday, January 16th. The transportation company reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.09). J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the previous year, the business posted $1.47 EPS. The firm’s revenue for the quarter was down 4.5% on a year-over-year basis. As a group, equities analysts predict that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.44 dividend. The ex-dividend date was Friday, February 7th. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.43. This represents a $1.76 annualized dividend and a dividend yield of 1.05%. J.B. Hunt Transport Services’s payout ratio is presently 31.65%.

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.