Eisler Capital Management Ltd. Buys Shares of 41,513 J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Eisler Capital Management Ltd. purchased a new stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 41,513 shares of the transportation company's stock, valued at approximately $7,110,000.

Other institutional investors have also recently bought and sold shares of the company. National Pension Service bought a new position in J.B. Hunt Transport Services in the fourth quarter valued at approximately $30,000. BankPlus Trust Department bought a new position in J.B. Hunt Transport Services in the fourth quarter valued at approximately $34,000. EverSource Wealth Advisors LLC lifted its stake in J.B. Hunt Transport Services by 68.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 329 shares of the transportation company's stock valued at $56,000 after buying an additional 134 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in J.B. Hunt Transport Services by 33.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 340 shares of the transportation company's stock valued at $58,000 after buying an additional 86 shares in the last quarter. Finally, Catalyst Capital Advisors LLC lifted its stake in J.B. Hunt Transport Services by 140.4% in the 4th quarter. Catalyst Capital Advisors LLC now owns 363 shares of the transportation company's stock valued at $62,000 after acquiring an additional 212 shares in the last quarter. Institutional investors own 74.95% of the company's stock.

J.B. Hunt Transport Services Stock Performance

NASDAQ:JBHT traded down $2.04 during mid-day trading on Friday, hitting $135.44. The stock had a trading volume of 1,222,569 shares, compared to its average volume of 970,443. The stock has a market cap of $13.43 billion, a price-to-earnings ratio of 24.36, a PEG 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. The company's 50 day simple moving average is $140.73 and its 200 day simple moving average is $163.84. J.B. Hunt Transport Services, Inc. has a twelve month low of $122.79 and a twelve month high of $200.40.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 15th. The transportation company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.02. The firm had revenue of $2.92 billion during the quarter, compared to analysts' expectations of $2.92 billion. J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. On average, equities research 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 issued a dividend of $0.44 per share. The ex-dividend date is Friday, May 9th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.30%. J.B. Hunt Transport Services's dividend payout ratio (DPR) is currently 31.94%.

Insider Transactions at J.B. Hunt Transport Services

In other news, EVP Darren P. Field sold 1,200 shares of the company's stock in a transaction 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 transaction, the executive vice president now directly owns 17,822 shares in the company, valued at approximately $2,881,282.74. This represents a 6.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Nicholas Hobbs purchased 1,529 shares of the firm's stock in a transaction on Wednesday, April 23rd. The stock was acquired 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 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 disclosure for this purchase can be found here. 2.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

JBHT has been the subject of a number of recent research reports. TD Cowen reduced their price target on J.B. Hunt Transport Services from $160.00 to $140.00 and set a "hold" rating for the company in a research report on Wednesday, April 16th. Bank of America reduced their price target on J.B. Hunt Transport Services from $189.00 to $170.00 and set a "buy" rating for the company in a research report on Monday, March 17th. Stifel Nicolaus set a $150.00 price target on J.B. Hunt Transport Services in a research report on Wednesday, April 16th. Benchmark restated a "buy" rating and issued a $175.00 price objective on shares of J.B. Hunt Transport Services in a report on Wednesday, April 16th. Finally, Wells Fargo & Company decreased their price objective on J.B. Hunt Transport Services from $170.00 to $150.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $162.20.

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.