Y Intercept Hong Kong Ltd Has $1.04 Million Stock Position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Y Intercept Hong Kong Ltd grew its position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 57.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,105 shares of the transportation company's stock after acquiring an additional 2,228 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in J.B. Hunt Transport Services were worth $1,042,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Catalyst Capital Advisors LLC bought a new stake in shares of J.B. Hunt Transport Services during the 3rd quarter worth about $26,000. True Wealth Design LLC raised its holdings in J.B. Hunt Transport Services by 2,028.6% during the 3rd quarter. True Wealth Design LLC now owns 149 shares of the transportation company's stock worth $26,000 after buying an additional 142 shares during the period. Versant Capital Management Inc lifted its position in shares of J.B. Hunt Transport Services by 102.2% in the 4th quarter. Versant Capital Management Inc now owns 281 shares of the transportation company's stock valued at $48,000 after acquiring an additional 142 shares in the last quarter. Huntington National Bank boosted 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 worth $59,000 after purchasing an additional 61 shares during the period. Finally, Brooklyn Investment Group purchased a new position in J.B. Hunt Transport Services during the 3rd quarter worth approximately $60,000. Institutional investors own 74.95% of the company's stock.

J.B. Hunt Transport Services Stock Up 1.4 %

Shares of JBHT traded up $2.29 during trading hours on Friday, hitting $161.19. 657,519 shares of the company were exchanged, compared to its average volume of 938,857. 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 company has a market cap of $16.12 billion, a PE ratio of 28.99, a PEG ratio of 1.61 and a beta of 1.15. The firm's 50 day moving average is $171.22 and its 200-day moving average is $174.77. J.B. Hunt Transport Services, Inc. has a 52 week low of $153.12 and a 52 week high of $208.69.

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). The company 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 return on equity of 14.05% and a net margin of 4.72%. The firm's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.47 EPS. On average, equities research analysts forecast that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $0.44 dividend. This is an increase 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 annualized dividend and a dividend yield of 1.09%. J.B. Hunt Transport Services's dividend payout ratio (DPR) is presently 31.65%.

Insider Buying and Selling at J.B. Hunt Transport Services

In related news, EVP Eric Mcgee sold 145 shares of the stock in a transaction dated 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. This represents a 17.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James K. Thompson sold 4,400 shares of J.B. Hunt Transport Services stock in a transaction that occurred 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 sale, the director now directly owns 23,559 shares in the company, valued at $4,131,541.83. The trade was a 15.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,545 shares of company stock valued at $1,898,942 in the last ninety days. Company insiders own 2.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on JBHT shares. Citigroup decreased their target price on J.B. Hunt Transport Services from $204.00 to $193.00 and set a "buy" rating for the company in a research report on Friday, January 17th. Stifel Nicolaus lowered their target price on J.B. Hunt Transport Services from $167.00 to $161.00 and set a "hold" rating on the stock in a research note on Wednesday, January 15th. UBS Group reduced their price target on shares of J.B. Hunt Transport Services from $211.00 to $196.00 and set a "buy" rating for the company in a research report on Friday, January 17th. Wells Fargo & Company decreased their price target on shares of J.B. Hunt Transport Services from $200.00 to $190.00 and set an "overweight" rating for the company in a report on Friday, January 17th. Finally, Benchmark reiterated a "buy" rating and issued a $195.00 price objective on shares of J.B. Hunt Transport Services in a research note on Friday, January 17th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target 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.