UBS Group Lowers J.B. Hunt Transport Services (NASDAQ:JBHT) Price Target to $155.00

J.B. Hunt Transport Services (NASDAQ:JBHT - Free Report) had its target price trimmed by UBS Group from $196.00 to $155.00 in a research note issued to investors on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the transportation company's stock.

A number of other research firms have also recently issued reports on JBHT. Stephens dropped their price objective on J.B. Hunt Transport Services from $170.00 to $165.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. The Goldman Sachs Group reduced their target price on shares of J.B. Hunt Transport Services from $188.00 to $166.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Raymond James decreased their target price on J.B. Hunt Transport Services from $190.00 to $165.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Deutsche Bank Aktiengesellschaft began coverage on J.B. Hunt Transport Services in a report on Friday, March 7th. They issued a "hold" rating and a $167.00 price objective for the company. Finally, Susquehanna downgraded shares of J.B. Hunt Transport Services from a "positive" rating to a "neutral" rating and dropped their price objective for the company from $200.00 to $165.00 in a research note on Wednesday, March 26th. Ten research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $162.20.

J.B. Hunt Transport Services Trading Down 3.7 %

Shares of NASDAQ:JBHT traded down $4.77 during trading on Wednesday, hitting $124.46. The company had a trading volume of 559,719 shares, compared to its average volume of 935,732. The stock has a market cap of $12.45 billion, a price-to-earnings ratio of 22.38, a price-to-earnings-growth ratio of 1.61 and a beta of 1.27. The company has a fifty day simple moving average of $150.62 and a two-hundred day simple moving average of $168.08. J.B. Hunt Transport Services has a one year low of $122.79 and a one year high of $200.40. 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 earnings results on Tuesday, April 15th. The transportation company reported $1.17 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.92 billion. As a group, equities analysts forecast that J.B. Hunt Transport Services will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a dividend of $0.44 per share. This is a positive change from J.B. Hunt Transport Services's previous quarterly dividend of $0.43. The ex-dividend date was Friday, February 7th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.41%. J.B. Hunt Transport Services's dividend payout ratio (DPR) is 31.94%.

Insider Buying and Selling 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 stock was sold at an average price of $161.67, for a total value of $194,004.00. Following the sale, the executive vice president now directly owns 17,822 shares in the company, valued at approximately $2,881,282.74. The trade was a 6.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director James K. Thompson sold 4,400 shares of the firm's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $175.37, for a total value of $771,628.00. Following the completion of the transaction, the director now owns 23,559 shares in the company, valued at approximately $4,131,541.83. This trade represents a 15.74 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.30% of the company's stock.

Institutional Trading of J.B. Hunt Transport Services

Several large investors have recently bought and sold shares of the business. Janus Henderson Group PLC increased its holdings in shares of J.B. Hunt Transport Services by 0.5% in the fourth quarter. Janus Henderson Group PLC now owns 3,390,200 shares of the transportation company's stock valued at $578,572,000 after purchasing an additional 15,476 shares during the last quarter. Invesco Ltd. boosted its position in shares of J.B. Hunt Transport Services by 5.1% during the 4th quarter. Invesco Ltd. now owns 2,124,425 shares of the transportation company's stock valued at $362,554,000 after acquiring an additional 104,019 shares during the last quarter. Geode Capital Management LLC increased its position in J.B. Hunt Transport Services by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 1,997,568 shares of the transportation company's stock worth $340,049,000 after purchasing an additional 8,968 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in J.B. Hunt Transport Services by 0.7% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 1,319,637 shares of the transportation company's stock valued at $225,209,000 after purchasing an additional 8,725 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in shares of J.B. Hunt Transport Services by 428.4% during the 4th quarter. Wellington Management Group LLP now owns 1,263,391 shares of the transportation company's stock valued at $215,610,000 after buying an additional 1,024,295 shares during the period. Hedge funds and other institutional investors own 74.95% 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.