UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 617,602 shares of the transportation company's stock after purchasing an additional 16,841 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.61% of J.B. Hunt Transport Services worth $105,400,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of JBHT. Signaturefd LLC raised its holdings in J.B. Hunt Transport Services by 8.0% in the fourth quarter. Signaturefd LLC now owns 820 shares of the transportation company's stock valued at $140,000 after acquiring an additional 61 shares in the last quarter. Blue Trust Inc. increased its position in shares of J.B. Hunt Transport Services by 18.6% in the 4th quarter. Blue Trust Inc. now owns 535 shares of the transportation company's stock valued at $92,000 after purchasing an additional 84 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of J.B. Hunt Transport Services by 33.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 340 shares of the transportation company's stock valued at $58,000 after purchasing an additional 86 shares during the last quarter. Wahed Invest LLC raised its holdings in shares of J.B. Hunt Transport Services by 4.6% in the 4th quarter. Wahed Invest LLC now owns 2,080 shares of the transportation company's stock valued at $355,000 after purchasing an additional 91 shares in the last quarter. Finally, Man Group plc lifted its position in shares of 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 purchasing an additional 98 shares during the last quarter. 74.95% of the stock is owned by institutional investors and hedge funds.

Insider Activity at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, COO Nicholas Hobbs acquired 1,529 shares of the business's stock in a transaction on Wednesday, April 23rd. The stock was purchased at an average price of $130.75 per share, for a total transaction of $199,916.75. Following the completion of the transaction, the chief operating officer now owns 91,847 shares of the company's stock, valued at $12,008,995.25. The trade was a 1.69% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Darren P. Field sold 1,200 shares of the company's stock in a transaction on Friday, March 7th. The stock was sold at an average price of $161.67, for a total transaction of $194,004.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.30% of the company's stock.

J.B. Hunt Transport Services Stock Performance

Shares of JBHT stock traded up $2.58 during mid-day trading on Tuesday, hitting $140.00. The stock had a trading volume of 830,898 shares, compared to its average volume of 987,948. The firm has a market cap of $13.89 billion, a PE ratio of 25.18, a PEG ratio of 1.61 and a beta of 1.33. The company's 50-day simple moving average is $138.48 and its 200-day simple moving average is $160.81. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 0.94. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $122.79 and a fifty-two week 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 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.02. 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 $2.92 billion during the quarter, compared to the consensus estimate of $2.92 billion. Sell-side analysts anticipate 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 firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were issued a $0.44 dividend. The ex-dividend date was Friday, May 9th. This represents a $1.76 annualized dividend and a dividend yield of 1.26%. J.B. Hunt Transport Services's dividend payout ratio is currently 31.94%.

Analyst Upgrades and Downgrades

JBHT has been the topic of a number of research analyst reports. Benchmark reissued a "buy" rating and set a $175.00 price objective on shares of J.B. Hunt Transport Services in a report on Wednesday, April 16th. Barclays reduced 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 research report on Wednesday, April 2nd. Raymond James dropped their price objective on J.B. Hunt Transport Services from $190.00 to $165.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. JPMorgan Chase & Co. cut their target price on J.B. Hunt Transport Services from $167.00 to $150.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on J.B. Hunt Transport Services in a research report on Friday, March 7th. They issued a "hold" rating and a $167.00 target price for the company. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, J.B. Hunt Transport Services currently has an average rating of "Moderate Buy" and an average price target of $162.00.

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.