LVW Advisors LLC Has $238,000 Stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

LVW Advisors LLC trimmed its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 8.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,193 shares of the transportation company’s stock after selling 114 shares during the period. LVW Advisors LLC’s holdings in J.B. Hunt Transport Services were worth $238,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of JBHT. VisionPoint Advisory Group LLC grew its position in shares of J.B. Hunt Transport Services by 104.8% in the third quarter. VisionPoint Advisory Group LLC now owns 170 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 87 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in shares of J.B. Hunt Transport Services in the fourth quarter valued at about $49,000. Exchange Traded Concepts LLC grew its position in shares of J.B. Hunt Transport Services by 26.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 299 shares of the transportation company’s stock valued at $60,000 after purchasing an additional 62 shares during the last quarter. Harbor Investment Advisory LLC grew its position in shares of J.B. Hunt Transport Services by 75.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 350 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 150 shares during the last quarter. Finally, Burkett Financial Services LLC acquired a new stake in shares of J.B. Hunt Transport Services in the fourth quarter valued at about $86,000. 74.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JBHT has been the topic of a number of recent research reports. TD Cowen decreased their target price on J.B. Hunt Transport Services from $193.00 to $181.00 and set a “hold” rating on the stock in a research report on Wednesday, April 17th. StockNews.com raised J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a research report on Monday, April 29th. Stephens decreased their target price on J.B. Hunt Transport Services from $210.00 to $192.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 17th. Evercore ISI decreased their target price on J.B. Hunt Transport Services from $199.00 to $191.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 25th. Finally, BMO Capital Markets decreased their target price on J.B. Hunt Transport Services from $218.00 to $200.00 and set an “outperform” rating on the stock in a research report on Thursday, April 18th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $191.38.

Insiders Place Their Bets

In other J.B. Hunt Transport Services news, CEO John N. Roberts bought 6,200 shares of the stock in a transaction on Friday, April 26th. The stock was purchased at an average price of $161.06 per share, with a total value of $998,572.00. Following the acquisition, the chief executive officer now owns 313,955 shares of the company’s stock, valued at $50,565,592.30. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.10% of the company’s stock.

J.B. Hunt Transport Services Stock Performance

JBHT stock opened at $160.00 on Monday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.26 and a quick ratio of 1.26. The company has a 50 day moving average price of $161.56 and a 200 day moving average price of $185.88. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $153.12 and a fifty-two week high of $219.51. The stock has a market capitalization of $16.51 billion, a PE ratio of 25.40, a price-to-earnings-growth ratio of 1.82 and a beta of 1.14.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings data on Tuesday, April 16th. The transportation company reported $1.22 earnings per share 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 during the quarter, compared to the consensus estimate of $3.12 billion. Analysts forecast that J.B. Hunt Transport Services, Inc. will post 6.48 EPS for the current year.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Friday, May 10th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Thursday, May 9th. J.B. Hunt Transport Services’s dividend payout ratio is presently 27.30%.

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.