Amundi Pioneer Asset Management Inc. lowered its stake in J B Hunt Transport Services Inc (NASDAQ:JBHT) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,450 shares of the transportation company’s stock after selling 3,630 shares during the period. Amundi Pioneer Asset Management Inc. owned approximately 0.12% of J B Hunt Transport Services worth $12,602,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of J B Hunt Transport Services by 59.5% in the fourth quarter. CWM LLC now owns 276 shares of the transportation company’s stock valued at $26,000 after buying an additional 103 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of J B Hunt Transport Services by 72.6% in the fourth quarter. Parallel Advisors LLC now owns 302 shares of the transportation company’s stock valued at $28,000 after buying an additional 127 shares in the last quarter. Exane Asset Management purchased a new stake in shares of J B Hunt Transport Services in the fourth quarter valued at approximately $41,000. Heritage Trust Co boosted its stake in shares of J B Hunt Transport Services by 289.2% in the fourth quarter. Heritage Trust Co now owns 864 shares of the transportation company’s stock valued at $80,000 after buying an additional 642 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new stake in shares of J B Hunt Transport Services in the fourth quarter valued at approximately $99,000. 72.39% of the stock is currently owned by institutional investors and hedge funds.

JBHT opened at $100.98 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 0.43. The firm has a market cap of $10.83 billion, a price-to-earnings ratio of 17.81, a PEG ratio of 1.31 and a beta of 1.14. J B Hunt Transport Services Inc has a one year low of $88.38 and a one year high of $131.74.

J B Hunt Transport Services (NASDAQ:JBHT) last posted its earnings results on Thursday, January 17th. The transportation company reported $0.81 EPS for the quarter, missing the Zacks’ consensus estimate of $1.48 by ($0.67). The firm had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.29 billion. J B Hunt Transport Services had a return on equity of 30.72% and a net margin of 5.68%. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.87 earnings per share. On average, equities analysts anticipate that J B Hunt Transport Services Inc will post 6.23 earnings per share for the current year.

A number of analysts recently weighed in on the company. BidaskClub upgraded J B Hunt Transport Services from a “strong sell” rating to a “sell” rating in a research note on Friday. Zacks Investment Research downgraded J B Hunt Transport Services from a “hold” rating to a “sell” rating in a research note on Monday. ValuEngine downgraded J B Hunt Transport Services from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. Deutsche Bank set a $125.00 price target on J B Hunt Transport Services and gave the company a “buy” rating in a research note on Thursday, February 14th. Finally, Stifel Nicolaus set a $113.00 price target on J B Hunt Transport Services and gave the company a “hold” rating in a research note on Friday, January 18th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $122.15.

In other J B Hunt Transport Services news, COO Alfred C. Harper sold 7,100 shares of the business’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $105.87, for a total transaction of $751,677.00. Following the sale, the chief operating officer now directly owns 16,756 shares in the company, valued at $1,773,957.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Nicholas Hobbs sold 3,000 shares of the business’s stock in a transaction on Thursday, February 21st. The stock was sold at an average price of $112.04, for a total value of $336,120.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,986 shares of company stock worth $1,402,544. 3.60% of the stock is owned by company insiders.

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J B Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc engages in the provision of logistics solutions. It operates through the following segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The JBI segment offers intermodal freight operations for rail carriers.

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Institutional Ownership by Quarter for J B Hunt Transport Services (NASDAQ:JBHT)

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