J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC decreased its holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 166,622 shares of the transportation company’s stock after selling 3,515 shares during the quarter. Trillium Asset Management LLC’s holdings in J.B. Hunt Transport Services were worth $28,436,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Arvest Bank Trust Division acquired a new position in J.B. Hunt Transport Services in the 3rd quarter worth about $1,578,000. Smartleaf Asset Management LLC raised its holdings in J.B. Hunt Transport Services by 33.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 340 shares of the transportation company’s stock worth $58,000 after purchasing an additional 86 shares during the period. State Street Corp raised its holdings in J.B. Hunt Transport Services by 0.6% in the 3rd quarter. State Street Corp now owns 3,289,874 shares of the transportation company’s stock worth $566,944,000 after purchasing an additional 19,826 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in J.B. Hunt Transport Services by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 553,698 shares of the transportation company’s stock worth $95,419,000 after purchasing an additional 12,040 shares during the period. Finally, Abound Wealth Management raised its holdings in J.B. Hunt Transport Services by 145,850.0% in the 4th quarter. Abound Wealth Management now owns 2,919 shares of the transportation company’s stock worth $498,000 after purchasing an additional 2,917 shares during the period. Institutional investors and hedge funds own 74.95% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on JBHT. JPMorgan Chase & Co. reduced their target price on J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Evercore ISI reduced their target price on J.B. Hunt Transport Services from $207.00 to $202.00 and set an “outperform” rating for the company in a report on Friday, January 17th. Stephens reissued 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. Citigroup reduced their target price on J.B. Hunt Transport Services from $204.00 to $193.00 and set a “buy” rating for the company in a report on Friday, January 17th. Finally, Bank of America reduced their target price on J.B. Hunt Transport Services from $189.00 to $170.00 and set a “buy” rating for the company in a report on Monday. Eight equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $186.80.

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

In other J.B. Hunt Transport Services news, Director James K. Thompson sold 4,400 shares of the firm’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $175.37, for a total value of $771,628.00. Following the sale, the director now directly owns 23,559 shares in the company, valued at $4,131,541.83. This trade represents a 15.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Darren P. Field sold 1,200 shares of the firm’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of $161.67, for a total value of $194,004.00. Following the completion of the sale, the executive vice president now owns 17,822 shares in the company, valued at approximately $2,881,282.74. This represents a 6.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.10% of the stock is owned by insiders.

J.B. Hunt Transport Services Stock Down 1.6 %

Shares of NASDAQ JBHT opened at $147.13 on Wednesday. The stock has a market cap of $14.71 billion, a P/E ratio of 26.46, a PEG ratio of 1.61 and a beta of 1.16. The company has a current ratio of 1.03, a quick ratio of 0.94 and a debt-to-equity ratio of 0.24. J.B. Hunt Transport Services, Inc. has a 12-month low of $145.32 and a 12-month high of $200.40. The business’s fifty day simple moving average is $167.13 and its 200-day simple moving average is $173.34.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings results on Thursday, January 16th. The transportation company reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $3.13 billion. During the same quarter in the prior year, the business earned $1.47 earnings per share. The firm’s quarterly revenue was down 4.5% on a year-over-year basis. As a group, equities analysts predict that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a $0.44 dividend. The ex-dividend date was Friday, February 7th. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.43. This represents a $1.76 dividend on an annualized basis and a yield of 1.20%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 31.65%.

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.