J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) SVP John Kuhlow sold 500 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $112.55, for a total transaction of $56,275.00. Following the transaction, the senior vice president now directly owns 3,499 shares of the company’s stock, valued at $393,812.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) opened at $111.30 on Tuesday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.74. The firm has a market cap of $12,348.19, a price-to-earnings ratio of 30.57, a P/E/G ratio of 2.30 and a beta of 1.06. J.B. Hunt Transport Services, Inc. has a 1-year low of $83.35 and a 1-year high of $112.99.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its earnings results on Friday, October 13th. The transportation company reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.05). The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.82 billion. J.B. Hunt Transport Services had a net margin of 6.05% and a return on equity of 28.90%. The business’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.97 EPS. research analysts forecast that J.B. Hunt Transport Services, Inc. will post 3.76 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 17th. Investors of record on Friday, November 3rd were issued a dividend of $0.23 per share. The ex-dividend date was Thursday, November 2nd. This represents a $0.92 annualized dividend and a dividend yield of 0.83%. J.B. Hunt Transport Services’s payout ratio is 24.47%.

Large investors have recently bought and sold shares of the stock. YorkBridge Wealth Partners LLC increased its stake in J.B. Hunt Transport Services by 6.6% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,097 shares of the transportation company’s stock worth $102,000 after buying an additional 68 shares during the period. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of J.B. Hunt Transport Services by 3.3% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,339 shares of the transportation company’s stock valued at $122,000 after buying an additional 43 shares during the period. Paradigm Asset Management Co. LLC boosted its holdings in shares of J.B. Hunt Transport Services by 3.1% in the 2nd quarter. Paradigm Asset Management Co. LLC now owns 1,650 shares of the transportation company’s stock valued at $151,000 after buying an additional 50 shares during the period. Commerce Bank acquired a new position in shares of J.B. Hunt Transport Services in the 2nd quarter valued at about $200,000. Finally, Parkwood LLC acquired a new position in shares of J.B. Hunt Transport Services in the 3rd quarter valued at about $202,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

A number of research analysts have issued reports on JBHT shares. BidaskClub raised shares of J.B. Hunt Transport Services from a “hold” rating to a “buy” rating in a report on Saturday. Barclays increased their target price on shares of J.B. Hunt Transport Services from $97.00 to $105.00 and gave the company an “equal weight” rating in a report on Monday, October 2nd. Cowen reaffirmed a “buy” rating and issued a $102.00 target price on shares of J.B. Hunt Transport Services in a report on Sunday, October 1st. BMO Capital Markets reaffirmed a “neutral” rating on shares of J.B. Hunt Transport Services in a report on Friday, December 1st. Finally, Stifel Nicolaus raised shares of J.B. Hunt Transport Services from a “hold” rating to a “buy” rating and increased their target price for the company from $91.00 to $125.00 in a report on Friday, September 29th. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. J.B. Hunt Transport Services has a consensus rating of “Buy” and an average price target of $109.41.

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J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.

Insider Buying and Selling by Quarter for J.B. Hunt Transport Services (NASDAQ:JBHT)

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