DekaBank Deutsche Girozentrale Has $3.43 Million Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

DekaBank Deutsche Girozentrale decreased its position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 41.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,110 shares of the transportation company's stock after selling 11,981 shares during the period. DekaBank Deutsche Girozentrale's holdings in J.B. Hunt Transport Services were worth $3,429,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clear Street Markets LLC grew its holdings in shares of J.B. Hunt Transport Services by 94.0% during the first quarter. Clear Street Markets LLC now owns 161 shares of the transportation company's stock worth $28,000 after buying an additional 78 shares during the last quarter. VisionPoint Advisory Group LLC increased its holdings in shares of J.B. Hunt Transport Services by 104.8% in the third quarter. VisionPoint Advisory Group LLC now owns 170 shares of the transportation company's stock valued at $32,000 after purchasing an additional 87 shares during the period. Salem Investment Counselors Inc. raised its stake in shares of J.B. Hunt Transport Services by 69.1% during the second quarter. Salem Investment Counselors Inc. now owns 208 shares of the transportation company's stock worth $33,000 after purchasing an additional 85 shares during the last quarter. Operose Advisors LLC acquired a new stake in shares of J.B. Hunt Transport Services during the third quarter worth $34,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in J.B. Hunt Transport Services in the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 74.95% of the company's stock.

Insider Activity at J.B. Hunt Transport Services

In other news, CFO John Kuhlow sold 3,500 shares of J.B. Hunt Transport Services stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $213.00, for a total value of $745,500.00. Following the completion of the sale, the chief financial officer now owns 10,537 shares of the company's stock, valued at $2,244,381. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Alfred C. Harper sold 6,500 shares of the company's stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $212.71, for a total transaction of $1,382,615.00. Following the completion of the transaction, the insider now owns 42,411 shares of the company's stock, valued at $9,021,243.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO John Kuhlow sold 3,500 shares of J.B. Hunt Transport Services stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $213.00, for a total transaction of $745,500.00. Following the completion of the transaction, the chief financial officer now owns 10,537 shares in the company, valued at approximately $2,244,381. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,432 shares of company stock valued at $4,309,687. Company insiders own 2.10% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on JBHT. Benchmark restated a "buy" rating and set a $215.00 price objective on shares of J.B. Hunt Transport Services in a research report on Wednesday, March 13th. UBS Group raised J.B. Hunt Transport Services from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $205.00 to $234.00 in a report on Monday, January 22nd. Raymond James increased their target price on J.B. Hunt Transport Services from $200.00 to $209.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 16th. JPMorgan Chase & Co. decreased their price target on J.B. Hunt Transport Services from $220.00 to $212.00 and set an "overweight" rating on the stock in a research note on Thursday, December 21st. Finally, Stephens cut their price objective on J.B. Hunt Transport Services from $212.00 to $210.00 and set an "overweight" rating for the company in a research report on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $205.56.

J.B. Hunt Transport Services Price Performance

NASDAQ:JBHT traded down $3.66 during trading hours on Friday, reaching $185.47. 745,492 shares of the company traded hands, compared to its average volume of 655,626. J.B. Hunt Transport Services, Inc. has a 1-year low of $164.39 and a 1-year high of $219.51. The stock has a market cap of $19.16 billion, a P/E ratio of 26.61, a P/E/G ratio of 1.66 and a beta of 1.11. The firm's 50-day moving average is $201.81 and its 200-day moving average is $193.34. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 1.15.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last posted its quarterly earnings data on Thursday, January 18th. The transportation company reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.74 by ($0.27). The company had revenue of $3.30 billion for the quarter, compared to analysts' expectations of $3.29 billion. J.B. Hunt Transport Services had a return on equity of 18.40% and a net margin of 5.68%. The company's revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.92 EPS. Equities research analysts expect that J.B. Hunt Transport Services, Inc. will post 7.61 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Friday, February 9th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend was Thursday, February 8th. This is a positive change from J.B. Hunt Transport Services's previous quarterly dividend of $0.42. J.B. Hunt Transport Services's payout ratio is currently 24.68%.

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.