Captrust Financial Advisors Has $1.31 Million Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Captrust Financial Advisors lifted its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 51.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of JBHT. Smartleaf Asset Management LLC increased its holdings 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 acquiring an additional 86 shares during the period. LPL Financial LLC grew its stake in shares of J.B. Hunt Transport Services by 56.7% during the 4th quarter. LPL Financial LLC now owns 69,200 shares of the transportation company's stock worth $11,810,000 after purchasing an additional 25,034 shares during the period. Keybank National Association OH acquired a new position in shares of J.B. Hunt Transport Services during the 4th quarter worth $255,000. Merit Financial Group LLC purchased a new stake in shares of J.B. Hunt Transport Services in the 4th quarter worth about $253,000. Finally, Narwhal Capital Management purchased a new stake in shares of J.B. Hunt Transport Services in the 4th quarter worth about $345,000. Hedge funds and other institutional investors own 74.95% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on JBHT shares. The Goldman Sachs Group lowered their target price on shares of 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. UBS Group cut their price target on shares of J.B. Hunt Transport Services from $196.00 to $155.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Truist Financial cut their price target on shares of 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. Sanford C. Bernstein set a $148.00 price objective on shares of J.B. Hunt Transport Services and gave the company a "market perform" rating in a research note on Wednesday, April 16th. Finally, Susquehanna set a $140.00 price objective on shares of J.B. Hunt Transport Services and gave the company a "neutral" rating in a research note on Wednesday, April 16th. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, 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

J.B. Hunt Transport Services stock traded up $0.64 during mid-day trading on Tuesday, reaching $146.88. The company's stock had a trading volume of 89,045 shares, compared to its average volume of 979,905. The firm has a market cap of $14.57 billion, a price-to-earnings ratio of 26.43, a PEG ratio of 1.61 and a beta of 1.33. The business has a 50 day moving average price of $139.36 and a 200-day moving average price of $162.50. 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, Inc. has a twelve month low of $122.79 and a twelve month high of $200.40.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The transportation company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.92 billion. Sell-side analysts predict that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current fiscal year.

J.B. Hunt Transport Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Friday, May 9th. 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 J.B. Hunt Transport Services stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $161.67, for a total transaction of $194,004.00. Following the sale, the executive vice president now directly owns 17,822 shares in the company, valued at $2,881,282.74. The trade was a 6.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Nicholas Hobbs acquired 1,529 shares of the business's stock in a transaction that occurred on Wednesday, April 23rd. The shares were bought at an average price of $130.75 per share, for a total transaction of $199,916.75. Following the completion of the purchase, the chief operating officer now owns 91,847 shares of the company's stock, valued at approximately $12,008,995.25. This represents a 1.69% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 2.30% of the company's stock.

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.