GSA Capital Partners LLP trimmed its stake in shares of J B Hunt Transport Services Inc (NASDAQ:JBHT) by 29.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,350 shares of the transportation company’s stock after selling 1,810 shares during the quarter. GSA Capital Partners LLP’s holdings in J B Hunt Transport Services were worth $405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in JBHT. Capital International Investors acquired a new stake in shares of J B Hunt Transport Services during the 3rd quarter worth approximately $142,728,000. Capital Research Global Investors raised its position in shares of J B Hunt Transport Services by 7.2% during the 3rd quarter. Capital Research Global Investors now owns 9,445,325 shares of the transportation company’s stock worth $1,123,427,000 after purchasing an additional 632,848 shares during the period. Bank of New York Mellon Corp raised its position in shares of J B Hunt Transport Services by 23.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,455,788 shares of the transportation company’s stock worth $292,090,000 after purchasing an additional 461,225 shares during the period. Renaissance Technologies LLC grew its holdings in J B Hunt Transport Services by 260.2% in the 3rd quarter. Renaissance Technologies LLC now owns 317,844 shares of the transportation company’s stock worth $37,804,000 after buying an additional 229,600 shares in the last quarter. Finally, New York State Common Retirement Fund grew its holdings in J B Hunt Transport Services by 82.7% in the 4th quarter. New York State Common Retirement Fund now owns 460,000 shares of the transportation company’s stock worth $42,798,000 after buying an additional 208,200 shares in the last quarter. Institutional investors and hedge funds own 71.84% of the company’s stock.

A number of equities analysts recently issued reports on JBHT shares. Zacks Investment Research raised J B Hunt Transport Services from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a report on Wednesday, January 23rd. Stephens set a $118.00 price objective on J B Hunt Transport Services and gave the stock a “buy” rating in a report on Friday, December 14th. UBS Group decreased their price objective on J B Hunt Transport Services from $145.00 to $124.00 and set a “buy” rating for the company in a report on Tuesday, December 4th. Deutsche Bank set a $125.00 price objective on J B Hunt Transport Services and gave the stock a “buy” rating in a report on Thursday, February 14th. Finally, Morgan Stanley decreased their price objective on J B Hunt Transport Services from $118.00 to $113.00 and set an “equal weight” rating for the company in a report on Monday, January 7th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $124.14.

Shares of NASDAQ JBHT opened at $103.30 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.11 and a quick ratio of 1.10. The firm has a market cap of $11.43 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.39 and a beta of 1.14. J B Hunt Transport Services Inc has a 1 year low of $88.38 and a 1 year high of $131.74.

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

The company also recently declared a quarterly dividend, which was paid on Friday, February 22nd. Shareholders of record on Friday, February 8th were paid a dividend of $0.26 per share. This is a positive change from J B Hunt Transport Services’s previous quarterly dividend of $0.24. This represents a $1.04 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend was Thursday, February 7th. J B Hunt Transport Services’s dividend payout ratio (DPR) is presently 18.34%.

In other news, COO Alfred C. Harper sold 7,100 shares of the firm’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 completion of the sale, the chief operating officer now directly owns 16,756 shares of the company’s stock, valued at approximately $1,773,957.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO David G. Mee sold 2,886 shares of the firm’s stock in a transaction on Monday, February 11th. The stock was sold at an average price of $109.06, for a total value of $314,747.16. Following the sale, the chief financial officer now directly owns 110,500 shares of the company’s stock, valued at $12,051,130. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,986 shares of company stock valued at $1,402,544. 4.20% of the stock is currently owned by corporate 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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