Disciplined Investments LLC Acquires 3,136 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Disciplined Investments LLC boosted its holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 9.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,142 shares of the transportation company’s stock after buying an additional 3,136 shares during the period. J.B. Hunt Transport Services accounts for approximately 3.2% of Disciplined Investments LLC’s holdings, making the stock its 6th largest holding. Disciplined Investments LLC’s holdings in J.B. Hunt Transport Services were worth $6,509,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in JBHT. Raymond James & Associates boosted its stake in J.B. Hunt Transport Services by 5.3% in the 3rd quarter. Raymond James & Associates now owns 18,084 shares of the transportation company’s stock worth $3,116,000 after buying an additional 912 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of J.B. Hunt Transport Services by 33.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,036 shares of the transportation company’s stock worth $868,000 after purchasing an additional 1,275 shares during the period. First Trust Direct Indexing L.P. purchased a new position in shares of J.B. Hunt Transport Services in the 3rd quarter worth about $320,000. Farther Finance Advisors LLC raised its holdings in shares of J.B. Hunt Transport Services by 18.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 388 shares of the transportation company’s stock worth $67,000 after purchasing an additional 60 shares during the period. Finally, Van ECK Associates Corp raised its holdings in shares of J.B. Hunt Transport Services by 11.0% in the 3rd quarter. Van ECK Associates Corp now owns 13,416 shares of the transportation company’s stock worth $2,354,000 after purchasing an additional 1,330 shares during the period. 74.95% of the stock is owned by institutional investors and hedge funds.

Insider Activity at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, EVP Eric Mcgee sold 145 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $182.72, for a total transaction of $26,494.40. Following the transaction, the executive vice president now owns 700 shares of the company’s stock, valued at approximately $127,904. This trade represents a 17.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Shelley Simpson sold 6,000 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $183.47, for a total transaction of $1,100,820.00. Following the completion of the transaction, the chief executive officer now directly owns 82,264 shares in the company, valued at $15,092,976.08. This represents a 6.80 % 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. 2.10% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on JBHT shares. Wells Fargo & Company cut their price objective on J.B. Hunt Transport Services from $200.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Citigroup dropped their target price on J.B. Hunt Transport Services from $204.00 to $193.00 and set a “buy” rating on the stock in a report on Friday, January 17th. TD Cowen dropped their target price on J.B. Hunt Transport Services from $180.00 to $171.00 and set a “hold” rating on the stock in a report on Friday, January 17th. Stephens reiterated an “overweight” rating and set a $205.00 target price on shares of J.B. Hunt Transport Services in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. dropped their target price on J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $191.11.

J.B. Hunt Transport Services Stock Down 2.1 %

Shares of NASDAQ:JBHT opened at $157.82 on Tuesday. The stock has a market capitalization of $15.78 billion, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 1.61 and a beta of 1.15. J.B. Hunt Transport Services, Inc. has a 1-year low of $153.12 and a 1-year high of $204.43. The company’s fifty day moving average is $170.96 and its two-hundred day moving average is $174.78. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.94 and a current ratio of 1.03.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its earnings results on Thursday, January 16th. The transportation company reported $1.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.09). The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.13 billion. J.B. Hunt Transport Services had a net margin of 4.72% and a return on equity of 14.05%. The business’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.47 earnings per share. Equities analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current year.

J.B. Hunt Transport Services Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.44 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.43. This represents a $1.76 annualized dividend and a yield of 1.12%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 31.65%.

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.