UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 16,841 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 2.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 617,602 shares of the transportation company's stock after buying an additional 16,841 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.61% of J.B. Hunt Transport Services worth $105,400,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC raised its position in shares of J.B. Hunt Transport Services by 37.5% in the 3rd quarter. Barclays PLC now owns 236,177 shares of the transportation company's stock worth $40,698,000 after buying an additional 64,380 shares during the period. Merit Financial Group LLC acquired a new stake in J.B. Hunt Transport Services in the 4th quarter valued at $253,000. Ameritas Advisory Services LLC acquired a new stake in J.B. Hunt Transport Services in the 4th quarter valued at $368,000. MassMutual Private Wealth & Trust FSB increased its holdings in J.B. Hunt Transport Services by 155.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 537 shares of the transportation company's stock valued at $92,000 after purchasing an additional 327 shares in the last quarter. Finally, Narwhal Capital Management acquired a new stake in J.B. Hunt Transport Services in the 4th quarter valued at $345,000. Hedge funds and other institutional investors own 74.95% of the company's stock.

J.B. Hunt Transport Services Stock Up 0.1%

NASDAQ JBHT traded up $0.15 during trading on Thursday, reaching $138.79. The company's stock had a trading volume of 372,765 shares, compared to its average volume of 985,504. The company has a current ratio of 1.03, a quick ratio of 0.94 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $13.77 billion, a PE ratio of 24.92, a PEG ratio of 1.61 and a beta of 1.33. The business has a 50-day moving average price of $138.13 and a 200-day moving average price of $160.51. J.B. Hunt Transport Services, Inc. has a 1-year low of $122.79 and a 1-year high of $200.40.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last released its quarterly earnings results 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 company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.92 billion. On average, research analysts forecast that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were paid a $0.44 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $1.76 annualized dividend and a dividend yield of 1.27%. J.B. Hunt Transport Services's dividend payout ratio is presently 31.94%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. UBS Group lowered their price target on J.B. Hunt Transport Services from $196.00 to $155.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Susquehanna set a $140.00 target price on J.B. Hunt Transport Services and gave the company a "neutral" rating in a research note on Wednesday, April 16th. Barclays lowered their target price on J.B. Hunt Transport Services from $180.00 to $165.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 2nd. Bank of America increased their price target on shares of J.B. Hunt Transport Services from $150.00 to $166.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Finally, Wells Fargo & Company reduced their price target on shares of J.B. Hunt Transport Services from $170.00 to $150.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $162.00.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, COO Nicholas Hobbs bought 1,529 shares of the stock in a transaction that occurred on 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 purchase, the chief operating officer now owns 91,847 shares in the company, valued at $12,008,995.25. This trade represents a 1.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Darren P. Field sold 1,200 shares of the firm's stock in a transaction that occurred 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 of the company's stock, valued at $2,881,282.74. This represents a 6.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.30% of the stock is owned by company insiders.

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.