Crossmark Global Holdings Inc. Has $1.08 Million Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Crossmark Global Holdings Inc. lessened its stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 30.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,352 shares of the transportation company's stock after selling 2,829 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in J.B. Hunt Transport Services were worth $1,084,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Catalyst Capital Advisors LLC bought a new stake in J.B. Hunt Transport Services in the 3rd quarter valued at approximately $26,000. True Wealth Design LLC lifted its position in shares of J.B. Hunt Transport Services by 2,028.6% in the third quarter. True Wealth Design LLC now owns 149 shares of the transportation company's stock worth $26,000 after purchasing an additional 142 shares in the last quarter. Cromwell Holdings LLC boosted its holdings in J.B. Hunt Transport Services by 47.2% during the third quarter. Cromwell Holdings LLC now owns 237 shares of the transportation company's stock worth $41,000 after purchasing an additional 76 shares during the last quarter. Versant Capital Management Inc boosted its holdings in J.B. Hunt Transport Services by 102.2% during the fourth quarter. Versant Capital Management Inc now owns 281 shares of the transportation company's stock worth $48,000 after purchasing an additional 142 shares during the last quarter. Finally, Huntington National Bank increased its stake in J.B. Hunt Transport Services by 21.8% in the 3rd quarter. Huntington National Bank now owns 341 shares of the transportation company's stock valued at $59,000 after buying an additional 61 shares during the last quarter. Institutional investors own 74.95% of the company's stock.

J.B. Hunt Transport Services Stock Performance

JBHT traded down $0.32 during trading on Friday, hitting $169.96. The stock had a trading volume of 1,112,218 shares, compared to its average volume of 759,691. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 0.94. The firm has a market cap of $17.14 billion, a price-to-earnings ratio of 30.57, a P/E/G ratio of 1.61 and a beta of 1.16. The company has a 50 day moving average price of $178.40 and a 200-day moving average price of $174.46. J.B. Hunt Transport Services, Inc. has a one year low of $153.12 and a one year high of $219.51.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last posted its earnings results on Thursday, January 16th. The transportation company reported $1.53 earnings per share for the quarter, missing analysts' consensus estimates of $1.62 by ($0.09). J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. The firm had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period in the prior year, the business posted $1.47 EPS. The firm's quarterly revenue was down 4.5% compared to the same quarter last year. As a group, research analysts predict that J.B. Hunt Transport Services, Inc. will post 6.62 EPS for the current year.

J.B. Hunt Transport Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, February 7th. This is a boost from J.B. Hunt Transport Services's previous quarterly dividend of $0.43. This represents a $1.76 annualized dividend and a dividend yield of 1.04%. J.B. Hunt Transport Services's dividend payout ratio (DPR) is currently 30.94%.

Analyst Ratings Changes

A number of equities analysts have recently commented on JBHT shares. BMO Capital Markets restated an "outperform" rating and set a $195.00 price objective on shares of J.B. Hunt Transport Services in a research note on Wednesday, October 16th. JPMorgan Chase & Co. reduced their price target on J.B. Hunt Transport Services from $205.00 to $200.00 and set an "overweight" rating for the company in a research report on Friday, January 17th. Bank of America upped their price objective on J.B. Hunt Transport Services from $195.00 to $206.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th. The Goldman Sachs Group cut their price objective on J.B. Hunt Transport Services from $193.00 to $189.00 and set a "buy" rating for the company in a report on Wednesday, October 9th. Finally, TD Cowen lowered their target price on shares of J.B. Hunt Transport Services from $180.00 to $171.00 and set a "hold" rating on the stock in a report on Friday, January 17th. Six research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $191.11.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, Director James K. Thompson sold 4,400 shares of the firm's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $175.37, for a total value of $771,628.00. Following the transaction, the director now directly owns 23,559 shares of the company's stock, valued at $4,131,541.83. This trade represents a 15.74 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Darren P. Field sold 1,500 shares of the firm's stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $183.50, for a total value of $275,250.00. Following the completion of the sale, the executive vice president now directly owns 12,650 shares in the company, valued at approximately $2,321,275. This represents a 10.60 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,859 shares of company stock valued at $2,907,905. 2.10% of the stock is currently owned by company insiders.

J.B. Hunt Transport Services Profile

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.