Trillium Asset Management LLC Buys 28,202 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Trillium Asset Management LLC raised its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 19.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 174,450 shares of the transportation company's stock after purchasing an additional 28,202 shares during the period. Trillium Asset Management LLC owned 0.17% of J.B. Hunt Transport Services worth $34,844,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Park Avenue Securities LLC purchased a new position in J.B. Hunt Transport Services in the third quarter worth $482,000. Fifth Third Bancorp grew its holdings in J.B. Hunt Transport Services by 12.6% in the third quarter. Fifth Third Bancorp now owns 3,290 shares of the transportation company's stock valued at $620,000 after purchasing an additional 369 shares during the period. Panagora Asset Management Inc. purchased a new stake in J.B. Hunt Transport Services during the 3rd quarter worth approximately $344,000. Teacher Retirement System of Texas raised its position in shares of J.B. Hunt Transport Services by 95.8% in the third quarter. Teacher Retirement System of Texas now owns 17,666 shares of the transportation company's stock valued at $3,330,000 after buying an additional 8,643 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in J.B. Hunt Transport Services by 14.9% during the third quarter. Wealthfront Advisers LLC now owns 11,038 shares of the transportation company's stock worth $2,081,000 after buying an additional 1,429 shares during the last quarter. 74.95% of the stock is owned by hedge funds and other institutional investors.

J.B. Hunt Transport Services Trading Down 2.8 %

Shares of J.B. Hunt Transport Services stock traded down $4.69 on Friday, reaching $164.80. 966,657 shares of the company were exchanged, compared to its average volume of 867,498. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $160.07 and a fifty-two week high of $219.51. The firm has a market capitalization of $17.01 billion, a price-to-earnings ratio of 26.16, a price-to-earnings-growth ratio of 2.28 and a beta of 1.17. The stock has a fifty day moving average price of $181.38 and a 200-day moving average price of $190.70.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 16th. The transportation company reported $1.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.31). J.B. Hunt Transport Services had a return on equity of 16.25% and a net margin of 5.25%. The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $3.12 billion. On average, analysts expect that J.B. Hunt Transport Services, Inc. will post 6.61 EPS for the current year.

J.B. Hunt Transport Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Friday, May 10th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Thursday, May 9th. J.B. Hunt Transport Services's dividend payout ratio is 27.30%.

Insiders Place Their Bets

In other news, SVP Kevin Bracy sold 754 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $211.79, for a total value of $159,689.66. Following the completion of the sale, the senior vice president now owns 8,235 shares in the company, valued at $1,744,090.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO John N. Roberts bought 6,200 shares of the business's stock in a transaction on Friday, April 26th. The stock was bought at an average price of $161.06 per share, for a total transaction of $998,572.00. Following the transaction, the chief executive officer now directly owns 313,955 shares in the company, valued at $50,565,592.30. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Kevin Bracy sold 754 shares of J.B. Hunt Transport Services stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $211.79, for a total transaction of $159,689.66. Following the sale, the senior vice president now directly owns 8,235 shares of the company's stock, valued at approximately $1,744,090.65. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,454 shares of company stock worth $3,283,219. Corporate insiders own 2.10% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on JBHT. Stephens reduced their target price on shares of J.B. Hunt Transport Services from $210.00 to $192.00 and set an "overweight" rating on the stock in a report on Wednesday, April 17th. Benchmark reaffirmed a "buy" rating and set a $215.00 price objective on shares of J.B. Hunt Transport Services in a report on Wednesday, April 17th. Robert W. Baird lowered their price target on J.B. Hunt Transport Services from $215.00 to $205.00 and set an "outperform" rating on the stock in a report on Wednesday, April 17th. UBS Group lowered their price objective on shares of J.B. Hunt Transport Services from $234.00 to $211.00 and set a "buy" rating on the stock in a research report on Wednesday, April 17th. Finally, Barclays cut their price target on shares of J.B. Hunt Transport Services from $200.00 to $170.00 and set an "equal weight" rating for the company in a report on Wednesday, April 17th. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $194.24.

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.