J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Stock Holdings Increased by Jacobson & Schmitt Advisors LLC

Jacobson & Schmitt Advisors LLC increased its position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 4.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,051 shares of the transportation company’s stock after acquiring an additional 3,274 shares during the quarter. J.B. Hunt Transport Services accounts for about 2.5% of Jacobson & Schmitt Advisors LLC’s holdings, making the stock its 19th largest position. Jacobson & Schmitt Advisors LLC’s holdings in J.B. Hunt Transport Services were worth $12,808,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. True Wealth Design LLC raised its holdings in shares of J.B. Hunt Transport Services by 2,028.6% during the third quarter. True Wealth Design LLC now owns 149 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 142 shares during the period. Catalyst Capital Advisors LLC purchased a new position in J.B. Hunt Transport Services during the third quarter valued at approximately $26,000. Cromwell Holdings LLC grew its position in J.B. Hunt Transport Services by 47.2% during the third quarter. Cromwell Holdings LLC now owns 237 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 76 shares in the last quarter. Versant Capital Management Inc grew its position in J.B. Hunt Transport Services by 102.2% during the fourth 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 in the last quarter. Finally, Huntington National Bank grew its position 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 valued at $59,000 after purchasing an additional 61 shares in the last quarter. Institutional investors and hedge funds own 74.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on JBHT shares. Raymond James lowered their price objective on shares of J.B. Hunt Transport Services from $200.00 to $190.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 21st. JPMorgan Chase & Co. lowered their price objective on shares of J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Evercore ISI decreased their target price on shares of J.B. Hunt Transport Services from $207.00 to $202.00 and set an “outperform” rating for the company in a research report on Friday, January 17th. Bank of America boosted their target price on shares of J.B. Hunt Transport Services from $195.00 to $206.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. Finally, Citigroup decreased their target price on shares of J.B. Hunt Transport Services from $204.00 to $193.00 and set a “buy” rating for the company in a research report on Friday, January 17th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $191.11.

J.B. Hunt Transport Services Trading Down 2.9 %

Shares of JBHT opened at $169.27 on Thursday. J.B. Hunt Transport Services, Inc. has a 12-month low of $153.12 and a 12-month high of $214.39. The company has a quick ratio of 0.94, a current ratio of 1.03 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $17.07 billion, a price-to-earnings ratio of 30.44, a P/E/G ratio of 1.63 and a beta of 1.15. The stock’s 50-day moving average price is $172.92 and its 200 day moving average price is $174.78.

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

J.B. Hunt Transport Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.44 dividend. This is a positive change 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 1.04%. The ex-dividend date is Friday, February 7th. J.B. Hunt Transport Services’s dividend payout ratio is currently 31.65%.

Insider Activity

In other news, CEO Shelley Simpson sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $183.47, for a total value of $1,100,820.00. Following the sale, the chief executive officer now directly owns 82,264 shares in the company, valued at approximately $15,092,976.08. This represents a 6.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Eric Mcgee sold 145 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $182.72, for a total value of $26,494.40. Following the completion of the sale, the executive vice president now owns 700 shares in the company, valued at approximately $127,904. This represents a 17.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,545 shares of company stock worth $1,898,942. Company insiders own 2.10% of the company’s stock.

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.