Forty three Eighteen Advisors LLC Has $331,000 Stock Holdings in J.B. Hunt Transport Services, Inc. $JBHT

Forty three Eighteen Advisors LLC lessened its holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 56.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,562 shares of the transportation company’s stock after selling 2,000 shares during the period. Forty three Eighteen Advisors LLC’s holdings in J.B. Hunt Transport Services were worth $331,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Keybank National Association OH boosted its holdings in J.B. Hunt Transport Services by 2.7% in the first quarter. Keybank National Association OH now owns 1,765 shares of the transportation company’s stock valued at $374,000 after acquiring an additional 46 shares during the last quarter. Root Financial Partners LLC boosted its position in J.B. Hunt Transport Services by 25.4% during the fourth quarter. Root Financial Partners LLC now owns 232 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 47 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in J.B. Hunt Transport Services by 0.5% during the first quarter. Oregon Public Employees Retirement Fund now owns 8,622 shares of the transportation company’s stock valued at $1,827,000 after acquiring an additional 47 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in J.B. Hunt Transport Services by 34.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 188 shares of the transportation company’s stock worth $37,000 after acquiring an additional 48 shares during the period. Finally, Hartford Funds Management Co LLC raised its position in shares of J.B. Hunt Transport Services by 1.2% in the 4th quarter. Hartford Funds Management Co LLC now owns 4,189 shares of the transportation company’s stock worth $814,000 after acquiring an additional 49 shares in the last quarter. 74.95% of the stock is currently owned by institutional investors and hedge funds.

J.B. Hunt Transport Services Stock Down 2.3%

JBHT stock opened at $291.41 on Friday. The stock’s 50 day simple moving average is $274.31 and its 200 day simple moving average is $238.25. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $130.12 and a fifty-two week high of $299.76. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market cap of $27.48 billion, a P/E ratio of 41.28, a price-to-earnings-growth ratio of 2.11 and a beta of 1.29.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.91 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.20. The firm had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.26 billion. J.B. Hunt Transport Services had a return on equity of 18.75% and a net margin of 5.31%.The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.31 earnings per share. On average, research analysts expect that J.B. Hunt Transport Services, Inc. will post 7.54 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

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

Key Stories Impacting J.B. Hunt Transport Services

Here are the key news stories impacting J.B. Hunt Transport Services this week:

• Positive Sentiment: JBHT was added to Zacks’ “Strong Buy” momentum list, signaling improving technical and fundamental momentum. Best Momentum Stocks to Buy for July 17th
• Positive Sentiment: Analysts raised price targets after the earnings beat, including JPMorgan, Robert W. Baird, Barclays, Citigroup, and TD Cowen, reflecting confidence in the recovery and margin improvement.
• Positive Sentiment: Reports highlighted shrinking trucking capacity and a shift toward intermodal freight, which could support stronger pricing and volume trends for JBHT. J.B. Hunt Stock Could Reach $340 as Trucking Capacity Shrinks
• Positive Sentiment: JBHT was also featured on relative-strength and momentum screens, indicating that investors see it as one of the stronger names in a choppy market. 5 Top Stocks With Relative Price Strength to Buy Right Now
• Neutral Sentiment: One Zacks article cautioned that while earnings growth and estimate revisions support the rally, the stock’s premium valuation means investors should remain selective. Is JBHT Stock too Expensive or Still Attractive After Its Rally?
• Neutral Sentiment: Analysts’ consensus remains constructive, with coverage still centered around a “Moderate Buy” view.

Analyst Ratings Changes

Several brokerages recently commented on JBHT. Evercore restated an “outperform” rating and set a $248.00 target price on shares of J.B. Hunt Transport Services in a research report on Monday, May 11th. Wall Street Zen raised J.B. Hunt Transport Services from a “hold” rating to a “buy” rating in a research note on Sunday, June 7th. Benchmark increased their price target on J.B. Hunt Transport Services from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Weiss Ratings downgraded shares of J.B. Hunt Transport Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Finally, Barclays lifted their price objective on shares of J.B. Hunt Transport Services from $270.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, J.B. Hunt Transport Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $286.30.

Insider Buying and Selling at J.B. Hunt Transport Services

In other news, EVP Spencer Frazier sold 2,000 shares of J.B. Hunt Transport Services stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $258.20, for a total transaction of $516,400.00. Following the completion of the transaction, the executive vice president directly owned 4,604 shares in the company, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bradley W. Hicks sold 7,644 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $261.91, for a total transaction of $2,002,040.04. Following the sale, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 18,119 shares of company stock worth $4,736,095 in the last ninety days. 2.50% of the stock is currently owned by corporate insiders.

J.B. Hunt Transport Services Company Profile

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.