US Bancorp DE Sells 3,118 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

US Bancorp DE decreased its position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 5.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 59,475 shares of the transportation company's stock after selling 3,118 shares during the quarter. US Bancorp DE owned approximately 0.06% of J.B. Hunt Transport Services worth $10,151,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. True Wealth Design LLC boosted its stake in J.B. Hunt Transport Services by 2,028.6% in the 3rd quarter. True Wealth Design LLC now owns 149 shares of the transportation company's stock worth $26,000 after purchasing an additional 142 shares during the period. Catalyst Capital Advisors LLC bought a new stake in shares of J.B. Hunt Transport Services during the 3rd quarter valued at about $26,000. National Pension Service bought a new stake in shares of J.B. Hunt Transport Services during the 4th quarter valued at about $30,000. BankPlus Trust Department purchased a new position in shares of J.B. Hunt Transport Services during the 4th quarter valued at about $34,000. Finally, Versant Capital Management Inc raised its holdings in shares of J.B. Hunt Transport Services by 102.2% during the 4th quarter. Versant Capital Management Inc now owns 281 shares of the transportation company's stock valued at $48,000 after buying an additional 142 shares in the last quarter. Institutional investors own 74.95% of the company's stock.

Insider Buying and Selling

In other J.B. Hunt Transport Services news, EVP Eric Mcgee sold 145 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $182.72, for a total value of $26,494.40. Following the completion of the sale, the executive vice president now owns 700 shares in the company, valued at approximately $127,904. This represents a 17.16 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director James K. Thompson sold 4,400 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $175.37, for a total value of $771,628.00. Following the completion of the sale, the director now owns 23,559 shares of the company's stock, valued at $4,131,541.83. The trade was a 15.74 % decrease in their position. The disclosure for this sale can be found here. 2.10% of the stock is owned by insiders.

J.B. Hunt Transport Services Stock Down 0.0 %

Shares of J.B. Hunt Transport Services stock traded down $0.08 during midday trading on Thursday, hitting $159.96. The company had a trading volume of 40,183 shares, compared to its average volume of 848,541. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.94 and a current ratio of 1.03. The stock has a market capitalization of $16.00 billion, a P/E ratio of 28.72, a P/E/G ratio of 1.61 and a beta of 1.15. The company has a 50 day moving average of $170.45 and a 200 day moving average of $174.59. J.B. Hunt Transport Services, Inc. has a 52-week low of $153.12 and a 52-week high of $204.43.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last released its quarterly earnings results 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). J.B. Hunt Transport Services had a net margin of 4.72% and a return on equity of 14.05%. The firm had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $3.13 billion. During the same period in the previous year, the company earned $1.47 earnings per share. J.B. Hunt Transport Services's quarterly revenue was down 4.5% compared to the same quarter last year. On average, equities analysts predict that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.44 dividend. This is a boost from J.B. Hunt Transport Services's previous quarterly dividend of $0.43. This represents a $1.76 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date was Friday, February 7th. J.B. Hunt Transport Services's dividend payout ratio (DPR) is currently 31.65%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on JBHT shares. Barclays raised their price objective on J.B. Hunt Transport Services from $175.00 to $195.00 and gave the company an "equal weight" rating in a report on Wednesday, November 13th. Stifel Nicolaus decreased their price objective on J.B. Hunt Transport Services from $167.00 to $161.00 and set a "hold" rating on the stock in a report on Wednesday, January 15th. Raymond James lowered their price objective on J.B. Hunt Transport Services from $200.00 to $190.00 and set an "outperform" rating for the company in a research report on Tuesday, January 21st. Stephens restated an "overweight" rating and issued a $205.00 target price on shares of J.B. Hunt Transport Services in a report on Friday, January 17th. Finally, TD Cowen lowered their price target on shares of J.B. Hunt Transport Services from $180.00 to $171.00 and set a "hold" rating for the company in a report on Friday, January 17th. Six equities 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 stock currently has an average rating of "Moderate Buy" and an average target price of $191.11.

About J.B. Hunt Transport Services

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.