Parametric Portfolio Associates LLC lifted its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 9.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 214,932 shares of the transportation company’s stock after acquiring an additional 19,384 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.20% of J.B. Hunt Transport Services worth $19,640,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of J.B. Hunt Transport Services by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 9,568,454 shares of the transportation company’s stock worth $874,366,000 after acquiring an additional 174,616 shares during the period. BlackRock Inc. lifted its holdings in shares of J.B. Hunt Transport Services by 2,611.8% during the 1st quarter. BlackRock Inc. now owns 6,252,515 shares of the transportation company’s stock worth $573,604,000 after acquiring an additional 6,021,944 shares during the period. State Street Corp lifted its holdings in shares of J.B. Hunt Transport Services by 0.6% during the 1st quarter. State Street Corp now owns 3,804,690 shares of the transportation company’s stock worth $349,041,000 after acquiring an additional 22,884 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of J.B. Hunt Transport Services by 25.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,655,290 shares of the transportation company’s stock worth $242,640,000 after acquiring an additional 531,089 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in shares of J.B. Hunt Transport Services by 0.9% during the 2nd quarter. Bessemer Group Inc. now owns 2,087,101 shares of the transportation company’s stock worth $190,720,000 after acquiring an additional 18,900 shares during the period. 71.54% of the stock is owned by institutional investors.

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In other news, SVP John Kuhlow sold 810 shares of the stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $93.71, for a total value of $75,905.10. Following the completion of the transaction, the senior vice president now owns 3,999 shares of the company’s stock, valued at $374,746.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Terrence D. Matthews sold 2,694 shares of the stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $101.00, for a total transaction of $272,094.00. Following the completion of the transaction, the executive vice president now directly owns 21,140 shares of the company’s stock, valued at approximately $2,135,140. The disclosure for this sale can be found here. Insiders have sold 1,052,872 shares of company stock worth $103,066,436 over the last quarter. Corporate insiders own 4.30% of the company’s stock.

A number of equities analysts have recently commented on the stock. Cowen and Company reaffirmed a “buy” rating and set a $102.00 price objective on shares of J.B. Hunt Transport Services in a report on Sunday. Barclays PLC raised their price objective on shares of J.B. Hunt Transport Services from $97.00 to $105.00 and gave the stock an “equal weight” rating in a report on Monday. Stifel Nicolaus raised shares of J.B. Hunt Transport Services from a “hold” rating to a “buy” rating and raised their price objective for the stock from $91.00 to $125.00 in a report on Friday, September 29th. Loop Capital reaffirmed a “buy” rating and set a $116.00 price objective (up from $103.00) on shares of J.B. Hunt Transport Services in a report on Wednesday. Finally, KeyCorp reaffirmed a “buy” rating and set a $115.00 price objective on shares of J.B. Hunt Transport Services in a report on Friday, September 22nd. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. J.B. Hunt Transport Services has a consensus rating of “Buy” and an average price target of $104.19.

J.B. Hunt Transport Services, Inc. (JBHT) opened at 108.66 on Thursday. The company has a market capitalization of $11.89 billion, a P/E ratio of 28.50 and a beta of 0.97. The firm has a 50 day moving average of $101.93 and a 200-day moving average of $92.85. J.B. Hunt Transport Services, Inc. has a 52 week low of $76.20 and a 52 week high of $111.98.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings data on Monday, July 17th. The transportation company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.04). The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.74 billion. J.B. Hunt Transport Services had a return on equity of 30.00% and a net margin of 6.32%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.92 earnings per share. On average, analysts forecast that J.B. Hunt Transport Services, Inc. will post $3.86 earnings per share for the current year.

About J.B. Hunt Transport Services

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.

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

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