Disciplined Investments LLC increased its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,142 shares of the transportation company's stock after purchasing an additional 3,136 shares during the quarter. J.B. Hunt Transport Services makes up 3.2% of Disciplined Investments LLC's holdings, making the stock its 6th largest position. Disciplined Investments LLC's holdings in J.B. Hunt Transport Services were worth $6,509,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its holdings in J.B. Hunt Transport Services by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 576,159 shares of the transportation company's stock worth $98,327,000 after purchasing an additional 22,461 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of J.B. Hunt Transport Services by 10.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,199 shares of the transportation company's stock worth $205,000 after purchasing an additional 112 shares in the last quarter. Jones Financial Companies Lllp grew its position in J.B. Hunt Transport Services by 39.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,206 shares of the transportation company's stock worth $206,000 after buying an additional 342 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in J.B. Hunt Transport Services by 33.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 340 shares of the transportation company's stock worth $58,000 after acquiring an additional 86 shares during the period. Finally, Versor Investments LP raised its holdings in J.B. Hunt Transport Services by 95.3% in the 4th quarter. Versor Investments LP now owns 4,303 shares of the transportation company's stock valued at $734,000 after acquiring an additional 2,100 shares in the last quarter. 74.95% of the stock is currently owned by institutional investors and hedge funds.
J.B. Hunt Transport Services Stock Performance
Shares of JBHT stock traded up $1.17 during trading on Thursday, hitting $161.21. The company's stock had a trading volume of 170,389 shares, compared to its average volume of 849,019. The company has a market cap of $16.12 billion, a PE ratio of 29.05, a P/E/G ratio of 1.61 and a beta of 1.15. J.B. Hunt Transport Services, Inc. has a 52 week low of $153.12 and a 52 week high of $204.43. The company has a current ratio of 1.03, a quick ratio of 0.94 and a debt-to-equity ratio of 0.24. The business has a fifty day moving average of $170.45 and a 200-day moving average of $174.59.
J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last announced its quarterly earnings data on Thursday, January 16th. The transportation company reported $1.53 earnings per share for the quarter, missing the consensus estimate of $1.62 by ($0.09). The firm had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $3.13 billion. J.B. Hunt Transport Services had a net margin of 4.72% and a return on equity of 14.05%. J.B. Hunt Transport Services's revenue for the quarter was down 4.5% on a year-over-year basis. During the same period last year, the company posted $1.47 earnings per share. As a group, research analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current year.
J.B. Hunt Transport Services Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.44 per share. This is a boost from J.B. Hunt Transport Services's previous quarterly dividend of $0.43. The ex-dividend date was Friday, February 7th. This represents a $1.76 dividend on an annualized basis and a yield of 1.09%. J.B. Hunt Transport Services's payout ratio is presently 31.65%.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on JBHT. Benchmark restated a "buy" rating and issued a $195.00 price target on shares of J.B. Hunt Transport Services in a research report on Friday, January 17th. JPMorgan Chase & Co. reduced their price target on shares of J.B. Hunt Transport Services from $205.00 to $200.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. TD Cowen dropped their price objective on shares of J.B. Hunt Transport Services from $180.00 to $171.00 and set a "hold" rating for the company in a research note on Friday, January 17th. Citigroup cut their target price on J.B. Hunt Transport Services from $204.00 to $193.00 and set a "buy" rating on the stock in a report on Friday, January 17th. Finally, Susquehanna upgraded J.B. Hunt Transport Services from a "neutral" rating to a "positive" rating and set a $200.00 target price on the stock in a research report on Friday, January 3rd. Six research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $191.11.
Check Out Our Latest Stock Report on JBHT
Insiders Place Their Bets
In other J.B. Hunt Transport Services news, EVP Eric Mcgee sold 145 shares of the business's stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $182.72, for a total value of $26,494.40. Following the completion of the transaction, the executive vice president now owns 700 shares of the company's stock, valued at $127,904. The trade was a 17.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James K. Thompson sold 4,400 shares of the stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $175.37, for a total value of $771,628.00. Following the completion of the transaction, the director now directly owns 23,559 shares in the company, valued at approximately $4,131,541.83. This represents a 15.74 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.10% of the company's stock.
J.B. Hunt Transport Services Company Profile
(
Free Report)
J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.
Further Reading
Before you consider J.B. Hunt Transport Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and J.B. Hunt Transport Services wasn't on the list.
While J.B. Hunt Transport Services currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
