Centiva Capital LP Has $391,000 Stock Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Centiva Capital LP trimmed its stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 70.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,294 shares of the transportation company’s stock after selling 5,442 shares during the quarter. Centiva Capital LP’s holdings in J.B. Hunt Transport Services were worth $391,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of JBHT. Barclays PLC grew its holdings in J.B. Hunt Transport Services by 37.5% in the third quarter. Barclays PLC now owns 236,177 shares of the transportation company’s stock worth $40,698,000 after purchasing an additional 64,380 shares during the period. Principal Financial Group Inc. grew its holdings in shares of J.B. Hunt Transport Services by 1.8% during the third quarter. Principal Financial Group Inc. now owns 98,725 shares of the transportation company’s stock valued at $17,013,000 after buying an additional 1,737 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of J.B. Hunt Transport Services by 1.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,097 shares of the transportation company’s stock valued at $878,000 after buying an additional 61 shares during the last quarter. Czech National Bank grew its holdings in shares of J.B. Hunt Transport Services by 5.2% during the fourth quarter. Czech National Bank now owns 17,271 shares of the transportation company’s stock valued at $2,947,000 after buying an additional 859 shares during the last quarter. Finally, Abound Wealth Management grew its holdings in shares of J.B. Hunt Transport Services by 145,850.0% during the fourth quarter. Abound Wealth Management now owns 2,919 shares of the transportation company’s stock valued at $498,000 after buying an additional 2,917 shares during the last quarter. 74.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other J.B. Hunt Transport Services news, COO Nicholas Hobbs purchased 1,529 shares of the stock in a transaction dated Wednesday, April 23rd. The shares were bought at an average price of $130.75 per share, with a total value of $199,916.75. Following the completion of the transaction, the chief operating officer now directly owns 91,847 shares in the company, valued at approximately $12,008,995.25. This trade represents a 1.69% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Darren P. Field sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $161.67, for a total transaction of $194,004.00. Following the completion of the sale, the executive vice president now directly owns 17,822 shares in the company, valued at approximately $2,881,282.74. This trade represents a 6.31% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.30% of the company’s stock.

J.B. Hunt Transport Services Stock Performance

Shares of JBHT stock opened at $135.44 on Monday. The firm has a market cap of $13.43 billion, a price-to-earnings ratio of 24.36, a P/E/G ratio of 1.61 and a beta of 1.33. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.94 and a current ratio of 1.03. J.B. Hunt Transport Services, Inc. has a 52 week low of $122.79 and a 52 week high of $200.40. The firm’s 50-day simple moving average is $140.73 and its two-hundred day simple moving average is $163.84.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings data on Tuesday, April 15th. The transportation company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.15 by $0.02. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.92 billion. J.B. Hunt Transport Services had a net margin of 4.72% and a return on equity of 14.05%. As a group, equities analysts forecast that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Friday, May 9th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 31.94%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on JBHT. UBS Group reduced their price objective on shares of J.B. Hunt Transport Services from $196.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, April 16th. Sanford C. Bernstein set a $148.00 price objective on shares of J.B. Hunt Transport Services and gave the company a “market perform” rating in a report on Wednesday, April 16th. Stifel Nicolaus set a $150.00 price objective on shares of J.B. Hunt Transport Services in a report on Wednesday, April 16th. Citigroup cut their price target on shares of J.B. Hunt Transport Services from $193.00 to $164.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Finally, Evercore ISI cut their price target on shares of J.B. Hunt Transport Services from $207.00 to $202.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. Nine equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, J.B. Hunt Transport Services currently has an average rating of “Moderate Buy” and an average target price of $162.20.

J.B. Hunt Transport Services 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.