Mather Group LLC. Purchases 134 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Mather Group LLC. boosted its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,207 shares of the transportation company’s stock after buying an additional 134 shares during the quarter. Mather Group LLC.’s holdings in J.B. Hunt Transport Services were worth $441,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new position in J.B. Hunt Transport Services during the fourth quarter valued at about $203,000. Truist Financial Corp lifted its holdings in J.B. Hunt Transport Services by 1.7% during the fourth quarter. Truist Financial Corp now owns 16,678 shares of the transportation company’s stock valued at $3,331,000 after purchasing an additional 285 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in J.B. Hunt Transport Services by 9.2% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,227 shares of the transportation company’s stock valued at $445,000 after purchasing an additional 187 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in J.B. Hunt Transport Services during the fourth quarter valued at about $318,000. Finally, GAMMA Investing LLC purchased a new stake in J.B. Hunt Transport Services during the fourth quarter valued at about $96,000. Institutional investors own 74.95% of the company’s stock.

Insider Buying and Selling at J.B. Hunt Transport Services

In other news, EVP Eric Mcgee sold 3,800 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $212.56, for a total value of $807,728.00. Following the completion of the sale, the executive vice president now directly owns 464 shares in the company, valued at $98,627.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO John N. Roberts acquired 6,200 shares of the stock in a transaction on Friday, April 26th. The shares were bought at an average price of $161.06 per share, with a total value of $998,572.00. Following the completion of the purchase, the chief executive officer now owns 313,955 shares of the company’s stock, valued at approximately $50,565,592.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Eric Mcgee sold 3,800 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $212.56, for a total value of $807,728.00. Following the completion of the transaction, the executive vice president now directly owns 464 shares in the company, valued at approximately $98,627.84. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,454 shares of company stock valued at $3,283,219. 2.10% of the stock is owned by company insiders.

J.B. Hunt Transport Services Trading Up 0.6 %

J.B. Hunt Transport Services stock opened at $163.52 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.26 and a debt-to-equity ratio of 0.33. J.B. Hunt Transport Services, Inc. has a 52 week low of $160.07 and a 52 week high of $219.51. The company has a market capitalization of $16.88 billion, a price-to-earnings ratio of 25.96, a price-to-earnings-growth ratio of 2.14 and a beta of 1.17. The stock has a 50-day moving average price of $191.09 and a 200 day moving average price of $191.63.

J.B. Hunt Transport Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date is Thursday, May 9th. J.B. Hunt Transport Services’s payout ratio is presently 27.30%.

Wall Street Analysts Forecast Growth

Several research firms have commented on JBHT. TD Cowen dropped their price objective on shares of J.B. Hunt Transport Services from $193.00 to $181.00 and set a “hold” rating on the stock in a report on Wednesday, April 17th. Raymond James increased their price target on shares of J.B. Hunt Transport Services from $200.00 to $209.00 and gave the stock an “outperform” rating in a report on Tuesday, January 16th. Robert W. Baird lowered their price target on shares of 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. StockNews.com raised shares of J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a report on Monday. Finally, UBS Group lowered their target price 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 note on Wednesday, April 17th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, J.B. Hunt Transport Services presently has an average rating of “Moderate Buy” and an average target price of $194.24.

J.B. Hunt Transport Services 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.