Universal Beteiligungs und Servicegesellschaft mbH Purchases New Shares in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 85,872 shares of the transportation company's stock, valued at approximately $14,655,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.09% of J.B. Hunt Transport Services as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in JBHT. Barclays PLC lifted its stake in J.B. Hunt Transport Services by 37.5% in the third quarter. Barclays PLC now owns 236,177 shares of the transportation company's stock valued at $40,698,000 after buying an additional 64,380 shares during the last quarter. Blue Trust Inc. lifted its stake in J.B. Hunt Transport Services by 18.6% in the fourth quarter. Blue Trust Inc. now owns 535 shares of the transportation company's stock valued at $92,000 after buying an additional 84 shares during the last quarter. Pacer Advisors Inc. lifted its stake in J.B. Hunt Transport Services by 14.7% in the fourth quarter. Pacer Advisors Inc. now owns 7,053 shares of the transportation company's stock valued at $1,204,000 after buying an additional 902 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in J.B. Hunt Transport Services by 56.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 8,394 shares of the transportation company's stock valued at $1,433,000 after buying an additional 3,041 shares during the last quarter. Finally, Forsta AP Fonden lifted its stake in J.B. Hunt Transport Services by 2.5% in the fourth quarter. Forsta AP Fonden now owns 16,300 shares of the transportation company's stock valued at $2,782,000 after buying an additional 400 shares during the last quarter. 74.95% of the stock is currently owned by institutional investors.

J.B. Hunt Transport Services Price Performance

NASDAQ:JBHT traded up $3.98 during mid-day trading on Tuesday, reaching $140.63. 869,853 shares of the stock were exchanged, compared to its average volume of 991,945. The business has a fifty day moving average price of $137.17 and a 200 day moving average price of $158.92. The firm has a market capitalization of $13.95 billion, a PE ratio of 25.29, a PEG ratio of 1.61 and a beta of 1.33. J.B. Hunt Transport Services, Inc. has a 1-year low of $122.79 and a 1-year high of $200.40. The company has a current ratio of 1.03, a quick ratio of 0.94 and a debt-to-equity ratio of 0.24.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last released its earnings results on Tuesday, April 15th. The transportation company reported $1.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 14.05% and a net margin of 4.72%. Research analysts expect 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 business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 9th were given a $0.44 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.25%. J.B. Hunt Transport Services's dividend payout ratio (DPR) is 31.94%.

Insider Activity at J.B. Hunt Transport Services

In related news, EVP Darren P. Field sold 1,200 shares of the stock in a transaction on Friday, March 7th. The stock was sold at an average price of $161.67, for a total value of $194,004.00. Following the completion of the transaction, the executive vice president now owns 17,822 shares in the company, valued at $2,881,282.74. This trade represents a 6.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Nicholas Hobbs purchased 1,529 shares of the firm's stock in a transaction that occurred on Wednesday, April 23rd. The stock was bought at an average price of $130.75 per share, with a total value of $199,916.75. Following the transaction, the chief operating officer now directly 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 disclosure for this purchase can be found here. 2.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Benchmark reiterated a "buy" rating and issued a $175.00 target price on shares of J.B. Hunt Transport Services in a research note on Wednesday, April 16th. Citigroup lowered their price target on J.B. Hunt Transport Services from $193.00 to $164.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Wells Fargo & Company lowered their price target on J.B. Hunt Transport Services from $170.00 to $150.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Truist Financial lowered their price target on J.B. Hunt Transport Services from $165.00 to $130.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. Finally, Susquehanna set a $140.00 price target on J.B. Hunt Transport Services and gave the company a "neutral" rating in a report on Wednesday, April 16th. Ten research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $161.90.

About J.B. Hunt Transport Services

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.