J.B. Hunt Transport Services, Inc. $JBHT Shares Bought by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG has increased its holdings in J.B. Hunt Transport Services by 28.4%, now owning 8,259 shares valued at approximately $1.22 million.
• Institutional investors and hedge funds collectively own 74.95% of J.B. Hunt's stock, with significant acquisitions also from JPMorgan Chase and Vanguard Group.
• J.B. Hunt recently reported earnings of $1.31 per share, missing estimates, and announced a quarterly dividend of $0.44, resulting in an annual yield of 1.2%.

B. Metzler seel. Sohn & Co. AG boosted its position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 28.4% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 8,259 shares of the transportation company's stock after acquiring an additional 1,828 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in J.B. Hunt Transport Services were worth $1,222,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC lifted its position in J.B. Hunt Transport Services by 13.2% during the 1st quarter. Exchange Traded Concepts LLC now owns 731 shares of the transportation company's stock worth $108,000 after acquiring an additional 85 shares during the period. Wahed Invest LLC lifted its position in J.B. Hunt Transport Services by 4.6% during the 4th quarter. Wahed Invest LLC now owns 2,080 shares of the transportation company's stock worth $355,000 after acquiring an additional 91 shares during the period. Man Group plc lifted its position in J.B. Hunt Transport Services by 0.9% during the 4th quarter. Man Group plc now owns 11,165 shares of the transportation company's stock worth $1,905,000 after acquiring an additional 98 shares during the period. Trust Investment Advisors lifted its position in J.B. Hunt Transport Services by 2.3% during the 1st quarter. Trust Investment Advisors now owns 4,697 shares of the transportation company's stock worth $695,000 after acquiring an additional 104 shares during the period. Finally, TD Private Client Wealth LLC lifted its stake in J.B. Hunt Transport Services by 49.3% during the 1st quarter. TD Private Client Wealth LLC now owns 330 shares of the transportation company's stock valued at $49,000 after acquiring an additional 109 shares during the period. Institutional investors and hedge funds own 74.95% of the company's stock.

J.B. Hunt Transport Services Stock Performance

Shares of JBHT traded down $1.99 during trading hours on Thursday, hitting $143.39. The stock had a trading volume of 523,910 shares, compared to its average volume of 1,122,578. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a 50-day moving average price of $146.68 and a 200 day moving average price of $144.93. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $122.79 and a fifty-two week high of $200.40. The firm has a market capitalization of $13.88 billion, a price-to-earnings ratio of 26.13, a PEG ratio of 2.23 and a beta of 1.28.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last posted its earnings results on Tuesday, July 15th. The transportation company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.03). The firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.93 billion. J.B. Hunt Transport Services had a net margin of 4.59% and a return on equity of 14.26%. The business's revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.32 earnings per share. As a group, research analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current year.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Friday, August 8th were issued a $0.44 dividend. The ex-dividend date of this dividend was Friday, August 8th. This represents a $1.76 dividend on an annualized basis and a yield of 1.2%. J.B. Hunt Transport Services's dividend payout ratio is presently 32.00%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. The Goldman Sachs Group set a $164.00 price objective on shares of J.B. Hunt Transport Services in a research note on Tuesday, July 8th. Stifel Nicolaus decreased their price objective on shares of J.B. Hunt Transport Services from $150.00 to $145.00 and set a "hold" rating for the company in a research note on Wednesday, July 16th. Robert W. Baird assumed coverage on shares of J.B. Hunt Transport Services in a research note on Tuesday, July 1st. They set an "outperform" rating and a $169.00 price objective for the company. Citigroup restated a "buy" rating and set a $170.00 price objective (down from $175.00) on shares of J.B. Hunt Transport Services in a research note on Wednesday, July 16th. Finally, Baird R W raised J.B. Hunt Transport Services to a "strong-buy" rating in a report on Tuesday, July 1st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $164.90.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, EVP Eric Mcgee purchased 1,148 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Monday, August 4th. The stock was bought at an average price of $140.76 per share, with a total value of $161,592.48. Following the acquisition, the executive vice president owned 7,397 shares of the company's stock, valued at $1,041,201.72. This trade represents a 18.37% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP David Keefauver sold 989 shares of the company's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $151.97, for a total value of $150,298.33. Following the completion of the transaction, the executive vice president directly owned 946 shares of the company's stock, valued at $143,763.62. The trade was a 51.11% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.30% 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.