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Universal Beteiligungs und Servicegesellschaft mbH Acquires 3,351 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

J.B. Hunt Transport Services logo with Transportation background

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 3.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,223 shares of the transportation company's stock after buying an additional 3,351 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.09% of J.B. Hunt Transport Services worth $13,201,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of JBHT. American Century Companies Inc. grew its holdings in J.B. Hunt Transport Services by 10.8% during the fourth quarter. American Century Companies Inc. now owns 138,373 shares of the transportation company's stock worth $23,615,000 after buying an additional 13,475 shares in the last quarter. Sei Investments Co. grew its holdings in J.B. Hunt Transport Services by 2.0% during the fourth quarter. Sei Investments Co. now owns 12,777 shares of the transportation company's stock worth $2,180,000 after buying an additional 256 shares in the last quarter. LPL Financial LLC grew its holdings in J.B. Hunt Transport Services by 56.7% during the fourth quarter. LPL Financial LLC now owns 69,200 shares of the transportation company's stock worth $11,810,000 after buying an additional 25,034 shares in the last quarter. Prudential Financial Inc. grew its holdings in J.B. Hunt Transport Services by 0.8% during the fourth quarter. Prudential Financial Inc. now owns 49,870 shares of the transportation company's stock worth $8,511,000 after buying an additional 398 shares in the last quarter. Finally, EntryPoint Capital LLC bought a new stake in J.B. Hunt Transport Services during the fourth quarter worth $334,000. Institutional investors own 74.95% of the company's stock.

Analyst Upgrades and Downgrades

JBHT has been the topic of several research analyst reports. Citigroup reissued a "buy" rating and issued a $170.00 price objective (down previously from $175.00) on shares of J.B. Hunt Transport Services in a research report on Wednesday, July 16th. Truist Financial boosted their price objective on J.B. Hunt Transport Services from $140.00 to $145.00 and gave the stock a "hold" rating in a research report on Wednesday, July 16th. Raymond James Financial boosted their price objective on J.B. Hunt Transport Services from $155.00 to $165.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Barclays boosted their price objective on J.B. Hunt Transport Services from $135.00 to $145.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 10th. Finally, Stephens cut their price objective on J.B. Hunt Transport Services from $170.00 to $165.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Ten investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $164.90.

Read Our Latest Research Report on JBHT

J.B. Hunt Transport Services Stock Performance

Shares of NASDAQ:JBHT traded up $0.41 during midday trading on Monday, reaching $149.72. 213,270 shares of the company traded hands, compared to its average volume of 1,136,785. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.28. J.B. Hunt Transport Services, Inc. has a 12 month low of $122.79 and a 12 month high of $200.40. The firm has a market capitalization of $14.85 billion, a price-to-earnings ratio of 27.27, a price-to-earnings-growth ratio of 2.30 and a beta of 1.29. The firm's fifty day moving average price is $144.83 and its two-hundred day moving average price is $150.13.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last released its quarterly earnings data on Tuesday, July 15th. The transportation company reported $1.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.34 by ($0.03). J.B. Hunt Transport Services had a net margin of 4.59% and a return on equity of 14.26%. The company had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter in the previous year, the firm posted $1.32 earnings per share. The business's revenue for the quarter was up .0% compared to the same quarter last year. On average, equities analysts expect 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 announced a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 8th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Friday, August 8th. This represents a $1.76 dividend on an annualized basis and a yield of 1.18%. J.B. Hunt Transport Services's dividend payout ratio is currently 32.00%.

Insiders Place Their Bets

In other J.B. Hunt Transport Services news, 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 transaction, the executive vice president directly owned 946 shares in the company, valued at $143,763.62. This represents a 51.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.30% of the stock is owned by corporate insiders.

J.B. Hunt Transport Services Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for J.B. Hunt Transport Services (NASDAQ:JBHT)

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