J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Shares Bought by Nomura Holdings Inc.

Nomura Holdings Inc. boosted its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 61.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,309 shares of the transportation company's stock after purchasing an additional 2,412 shares during the quarter. Nomura Holdings Inc.'s holdings in J.B. Hunt Transport Services were worth $1,077,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. OMERS ADMINISTRATION Corp boosted its holdings in shares of J.B. Hunt Transport Services by 20.0% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 3,438 shares of the transportation company's stock worth $587,000 after purchasing an additional 573 shares during the last quarter. Maven Securities LTD purchased a new position in J.B. Hunt Transport Services during the fourth quarter worth approximately $1,792,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in J.B. Hunt Transport Services by 1.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,975 shares of the transportation company's stock worth $1,532,000 after buying an additional 127 shares in the last quarter. Moore Capital Management LP acquired a new position in J.B. Hunt Transport Services during the fourth quarter worth $1,822,000. Finally, Lazard Asset Management LLC grew its holdings in J.B. Hunt Transport Services by 126.2% in the 4th quarter. Lazard Asset Management LLC now owns 2,798 shares of the transportation company's stock valued at $477,000 after buying an additional 1,561 shares in the last quarter. Hedge funds and other institutional investors own 74.95% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on JBHT shares. The Goldman Sachs Group reduced their price target on J.B. Hunt Transport Services from $188.00 to $166.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Susquehanna set a $140.00 price target on shares of J.B. Hunt Transport Services and gave the company a "neutral" rating in a research note on Wednesday, April 16th. Barclays cut their price target on shares of J.B. Hunt Transport Services from $180.00 to $165.00 and set an "equal weight" rating for the company in a report on Wednesday, April 2nd. JPMorgan Chase & Co. decreased their price objective on J.B. Hunt Transport Services from $167.00 to $150.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Finally, Raymond James lowered their price objective on J.B. Hunt Transport Services from $190.00 to $165.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $162.00.

J.B. Hunt Transport Services Stock Down 0.2%

JBHT stock traded down $0.34 during midday trading on Thursday, reaching $139.03. 1,727,443 shares of the company were exchanged, compared to its average volume of 986,663. The company has a market cap of $13.79 billion, a price-to-earnings ratio of 25.01, a price-to-earnings-growth 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 1-year low of $122.79 and a 1-year high of $200.40. The stock's 50-day simple moving average is $139.08 and its 200 day simple moving average is $162.22.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last announced its quarterly earnings results 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 firm 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%. On average, 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be paid 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 yield of 1.27%. J.B. Hunt Transport Services's dividend payout ratio is presently 31.94%.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, COO Nicholas Hobbs bought 1,529 shares of J.B. Hunt Transport Services stock in a transaction dated Wednesday, April 23rd. The stock was acquired at an average cost of $130.75 per share, with a total value of $199,916.75. Following the completion of the acquisition, the chief operating officer now owns 91,847 shares of the company's stock, valued at approximately $12,008,995.25. This represents a 1.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Darren P. Field sold 1,200 shares of the stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $161.67, for a total transaction of $194,004.00. Following the sale, the executive vice president now owns 17,822 shares of the company's stock, valued at $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 Company 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.