Captrust Financial Advisors Buys 2,615 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Captrust Financial Advisors boosted its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 51.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,672 shares of the transportation company's stock after buying an additional 2,615 shares during the quarter. Captrust Financial Advisors' holdings in J.B. Hunt Transport Services were worth $1,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of JBHT. National Pension Service purchased a new stake in shares of J.B. Hunt Transport Services during the fourth quarter valued at approximately $30,000. BankPlus Trust Department purchased a new stake in shares of J.B. Hunt Transport Services during the fourth quarter valued at approximately $34,000. EverSource Wealth Advisors LLC boosted its stake in shares of J.B. Hunt Transport Services by 68.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 329 shares of the transportation company's stock valued at $56,000 after purchasing an additional 134 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of J.B. Hunt Transport Services by 33.9% during the fourth 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 period. Finally, Catalyst Capital Advisors LLC lifted its stake in J.B. Hunt Transport Services by 140.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 363 shares of the transportation company's stock worth $62,000 after acquiring an additional 212 shares during the period. Hedge funds and other institutional investors own 74.95% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on JBHT. Raymond James dropped their price target on J.B. Hunt Transport Services from $190.00 to $165.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Stephens lowered their target price on J.B. Hunt Transport Services from $170.00 to $165.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. The Goldman Sachs Group lowered their target price on J.B. Hunt Transport Services from $188.00 to $166.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Benchmark reissued a "buy" rating and set a $175.00 price objective on shares of J.B. Hunt Transport Services in a research report on Wednesday, April 16th. Finally, Wells Fargo & Company lowered their price objective on J.B. Hunt Transport Services from $170.00 to $150.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $162.00.

J.B. Hunt Transport Services Stock Performance

NASDAQ JBHT traded down $1.75 during trading hours on Monday, hitting $146.30. The company's stock had a trading volume of 379,926 shares, compared to its average volume of 981,830. J.B. Hunt Transport Services, Inc. has a 12 month low of $122.79 and a 12 month high of $200.40. The company's 50 day simple moving average is $139.52 and its two-hundred day simple moving average is $162.75. The company has a market cap of $14.51 billion, a P/E ratio of 26.31, 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 current ratio of 1.03 and a quick ratio of 0.94.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The transportation company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.15 by $0.02. J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. The company had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.92 billion. As a group, sell-side analysts expect that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be issued a $0.44 dividend. The ex-dividend date is Friday, May 9th. This represents a $1.76 annualized dividend and a yield of 1.20%. J.B. Hunt Transport Services's payout ratio is 31.94%.

Insider Buying and Selling

In other news, COO Nicholas Hobbs purchased 1,529 shares of the business's stock in a transaction on Wednesday, April 23rd. The stock was acquired at an average cost of $130.75 per share, for a total transaction of $199,916.75. Following the purchase, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Darren P. Field sold 1,200 shares of the business's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $161.67, for a total value of $194,004.00. Following the sale, the executive vice president now owns 17,822 shares of the company's stock, valued at approximately $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 corporate 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.