J B Hunt Transport Services Inc (NASDAQ:JBHT) insider Terrence D. Matthews sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $130.25, for a total transaction of $260,500.00. Following the completion of the sale, the insider now owns 22,945 shares in the company, valued at approximately $2,988,586.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of JBHT stock opened at $129.40 on Friday. The company has a market capitalization of $13.61 billion, a price-to-earnings ratio of 26.57, a PEG ratio of 1.86 and a beta of 1.00. J B Hunt Transport Services Inc has a one year low of $75.29 and a one year high of $138.76. The company’s fifty day moving average price is $123.49 and its 200-day moving average price is $108.73. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.59 and a quick ratio of 1.54.

J B Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings data on Thursday, July 16th. The transportation company reported $1.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.83 by $0.31. The firm had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.06 billion. J B Hunt Transport Services had a net margin of 5.65% and a return on equity of 22.88%. During the same period last year, the firm earned $1.37 EPS. Equities research analysts expect that J B Hunt Transport Services Inc will post 4.63 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be issued a $0.27 dividend. The ex-dividend date is Thursday, August 6th. This represents a $1.08 dividend on an annualized basis and a yield of 0.83%. J B Hunt Transport Services’s dividend payout ratio is currently 22.09%.

JBHT has been the topic of several research reports. KeyCorp raised their target price on shares of J B Hunt Transport Services from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Deutsche Bank upgraded shares of J B Hunt Transport Services from a “sell” rating to a “hold” rating and raised their target price for the stock from $98.00 to $140.00 in a report on Thursday, July 16th. Robert W. Baird raised their target price on shares of J B Hunt Transport Services from $128.00 to $148.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Cowen raised their target price on shares of J B Hunt Transport Services from $103.00 to $129.00 and gave the stock a “market perform” rating in a report on Friday, July 17th. Finally, Raymond James raised their target price on shares of J B Hunt Transport Services from $117.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Seventeen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. J B Hunt Transport Services presently has an average rating of “Hold” and an average target price of $132.84.

A number of hedge funds and other institutional investors have recently made changes to their positions in JBHT. Signaturefd LLC increased its holdings in J B Hunt Transport Services by 300.0% in the 1st quarter. Signaturefd LLC now owns 452 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 339 shares during the last quarter. Ellevest Inc. boosted its holdings in shares of J B Hunt Transport Services by 113.8% in the 1st quarter. Ellevest Inc. now owns 464 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 247 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of J B Hunt Transport Services by 51.3% in the 1st quarter. First Horizon Advisors Inc. now owns 478 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 162 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of J B Hunt Transport Services by 95.6% in the 1st quarter. Parallel Advisors LLC now owns 489 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 239 shares during the last quarter. Finally, Smithfield Trust Co. boosted its holdings in shares of J B Hunt Transport Services by 1,940.0% in the 1st quarter. Smithfield Trust Co. now owns 510 shares of the transportation company’s stock valued at $47,000 after acquiring an additional 485 shares during the last quarter. Institutional investors own 73.70% of the company’s stock.

J B Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc, together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT).

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