Robeco Institutional Asset Management B.V. Purchases 3,041 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Robeco Institutional Asset Management B.V. grew its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 56.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,394 shares of the transportation company's stock after purchasing an additional 3,041 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in J.B. Hunt Transport Services were worth $1,433,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. True Wealth Design LLC lifted its holdings 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 valued at $26,000 after purchasing an additional 142 shares in the last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of J.B. Hunt Transport Services in the third quarter valued at about $26,000. Cromwell Holdings LLC lifted its holdings in shares of J.B. Hunt Transport Services by 47.2% in the third quarter. Cromwell Holdings LLC now owns 237 shares of the transportation company's stock valued at $41,000 after purchasing an additional 76 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of J.B. Hunt Transport Services by 102.2% in the fourth quarter. Versant Capital Management Inc now owns 281 shares of the transportation company's stock valued at $48,000 after purchasing an additional 142 shares in the last quarter. Finally, Huntington National Bank lifted its holdings in shares of J.B. Hunt Transport Services by 21.8% in the third quarter. Huntington National Bank now owns 341 shares of the transportation company's stock valued at $59,000 after purchasing an additional 61 shares in the last quarter. 74.95% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Stifel Nicolaus cut their price target 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. UBS Group dropped their target price on J.B. Hunt Transport Services from $211.00 to $196.00 and set a "buy" rating on the stock in a report on Friday, January 17th. Benchmark reiterated a "buy" rating and set a $195.00 target price on shares of J.B. Hunt Transport Services in a report on Friday, January 17th. Loop Capital upped their target price on J.B. Hunt Transport Services from $173.00 to $187.00 and gave the stock a "hold" rating in a report on Thursday, October 17th. Finally, Raymond James dropped their target price on J.B. Hunt Transport Services from $200.00 to $190.00 and set an "outperform" rating on the stock in a report on Tuesday, January 21st. 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, J.B. Hunt Transport Services has a consensus rating of "Moderate Buy" and a consensus target price of $191.11.

Insider Activity

In related news, CEO Shelley Simpson sold 6,000 shares of the business's stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $183.47, for a total value of $1,100,820.00. Following the completion of the transaction, the chief executive officer now owns 82,264 shares of the company's stock, valued at $15,092,976.08. The trade was a 6.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Spencer Frazier sold 2,200 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $194.21, for a total value of $427,262.00. Following the completion of the transaction, the executive vice president now directly owns 4,050 shares of the company's stock, valued at approximately $786,550.50. This trade represents a 35.20 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,359 shares of company stock worth $2,632,655. Corporate insiders own 2.10% of the company's stock.

J.B. Hunt Transport Services Stock Performance

JBHT opened at $167.30 on Tuesday. 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 business has a fifty day simple moving average of $177.05 and a 200 day simple moving average of $174.78. J.B. Hunt Transport Services, Inc. has a 1 year low of $153.12 and a 1 year high of $219.51. The company has a market capitalization of $16.87 billion, a PE ratio of 30.09, a price-to-earnings-growth ratio of 1.57 and a beta of 1.15.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last announced its earnings results on Thursday, January 16th. The transportation company reported $1.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 business had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same period in the previous year, the firm posted $1.47 EPS. The company's revenue was down 4.5% compared to the same quarter last year. Research analysts expect 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 1.05%. J.B. Hunt Transport Services's dividend payout ratio (DPR) is currently 30.94%.

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.

Want to see what other hedge funds are holding JBHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.