J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lowered its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 6.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,634 shares of the transportation company’s stock after selling 119 shares during the quarter. Sigma Planning Corp’s holdings in J.B. Hunt Transport Services were worth $279,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Janus Henderson Group PLC increased its holdings in shares of J.B. Hunt Transport Services by 0.7% during the third quarter. Janus Henderson Group PLC now owns 3,374,724 shares of the transportation company’s stock valued at $581,567,000 after purchasing an additional 22,563 shares during the period. State Street Corp increased its stake in J.B. Hunt Transport Services by 0.6% during the 3rd quarter. State Street Corp now owns 3,289,874 shares of the transportation company’s stock valued at $566,944,000 after buying an additional 19,826 shares during the period. Parnassus Investments LLC increased its stake in J.B. Hunt Transport Services by 14.1% during the 3rd quarter. Parnassus Investments LLC now owns 753,005 shares of the transportation company’s stock valued at $129,765,000 after buying an additional 93,213 shares during the period. Stifel Financial Corp increased its stake in J.B. Hunt Transport Services by 1.4% during the 3rd quarter. Stifel Financial Corp now owns 641,344 shares of the transportation company’s stock valued at $110,524,000 after buying an additional 8,997 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of J.B. Hunt Transport Services by 2.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 553,698 shares of the transportation company’s stock valued at $95,419,000 after acquiring an additional 12,040 shares during the period. Institutional investors and hedge funds own 74.95% of the company’s stock.

J.B. Hunt Transport Services Stock Performance

Shares of JBHT stock opened at $161.19 on Friday. J.B. Hunt Transport Services, Inc. has a 1-year low of $153.12 and a 1-year high of $208.69. The company has a current ratio of 1.03, a quick ratio of 0.94 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $16.12 billion, a price-to-earnings ratio of 28.99, a P/E/G ratio of 1.61 and a beta of 1.15. The stock’s fifty day simple moving average is $171.22 and its 200-day simple moving average is $174.69.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its earnings results on Thursday, January 16th. The transportation company reported $1.53 earnings per share for the quarter, missing the consensus estimate of $1.62 by ($0.09). J.B. Hunt Transport Services had a net margin of 4.72% and a return on equity of 14.05%. The business had revenue of $3.15 billion for the quarter, compared to analysts’ expectations of $3.13 billion. During the same period last year, the firm earned $1.47 EPS. The company’s revenue was down 4.5% compared to the same quarter last year. On average, sell-side analysts predict that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a dividend of $0.44 per share. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.43. This represents a $1.76 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Friday, February 7th. J.B. Hunt Transport Services’s payout ratio is currently 31.65%.

Analyst Ratings Changes

A number of research firms recently commented on JBHT. Citigroup lowered their price objective on shares of J.B. Hunt Transport Services from $204.00 to $193.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. JPMorgan Chase & Co. lowered their price target on J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Stifel Nicolaus lowered their target price on J.B. Hunt Transport Services from $167.00 to $161.00 and set a “hold” rating on the stock in a report on Wednesday, January 15th. Barclays lifted their target price on J.B. Hunt Transport Services from $175.00 to $195.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 13th. Finally, UBS Group lowered their price objective on shares of J.B. Hunt Transport Services from $211.00 to $196.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, J.B. Hunt Transport Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $191.11.

Insider Activity

In other J.B. Hunt Transport Services news, EVP Eric Mcgee sold 145 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $182.72, for a total value of $26,494.40. Following the transaction, the executive vice president now owns 700 shares in the company, valued at $127,904. The trade was a 17.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James K. Thompson sold 4,400 shares of the business’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 sale, the director now directly owns 23,559 shares of the company’s stock, valued at approximately $4,131,541.83. The trade was a 15.74 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,545 shares of company stock worth $1,898,942 in the last ninety days. Corporate insiders own 2.10% of the company’s stock.

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.