J B Hunt Transport Services Inc (JBHT) Shares Sold by American Century Companies Inc.

American Century Companies Inc. decreased its position in shares of J B Hunt Transport Services Inc (NASDAQ:JBHT) by 0.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,053,924 shares of the transportation company’s stock after selling 4,996 shares during the period. American Century Companies Inc. owned 0.97% of J B Hunt Transport Services worth $125,354,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JBHT. Tower Research Capital LLC TRC increased its position in J B Hunt Transport Services by 186.8% during the second quarter. Tower Research Capital LLC TRC now owns 915 shares of the transportation company’s stock worth $111,000 after buying an additional 596 shares during the period. Piedmont Investment Advisors LLC acquired a new position in J B Hunt Transport Services during the second quarter worth approximately $118,000. Townsend & Associates Inc acquired a new position in J B Hunt Transport Services during the third quarter worth approximately $140,000. Edge Wealth Management LLC acquired a new position in J B Hunt Transport Services during the second quarter worth approximately $148,000. Finally, LeJeune Puetz Investment Counsel LLC acquired a new position in J B Hunt Transport Services during the second quarter worth approximately $167,000. 73.79% of the stock is currently owned by institutional investors.

JBHT opened at $106.72 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.39. The firm has a market cap of $11.88 billion, a price-to-earnings ratio of 28.53, a PEG ratio of 1.68 and a beta of 0.95. J B Hunt Transport Services Inc has a one year low of $100.78 and a one year high of $131.74.

J B Hunt Transport Services (NASDAQ:JBHT) last posted its earnings results on Monday, October 15th. The transportation company reported $1.47 EPS for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.07. The company had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $2.22 billion. J B Hunt Transport Services had a return on equity of 27.71% and a net margin of 9.49%. J B Hunt Transport Services’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.91 earnings per share. On average, equities analysts anticipate that J B Hunt Transport Services Inc will post 5.41 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 16th. Stockholders of record on Friday, November 9th will be given a $0.24 dividend. The ex-dividend date is Thursday, November 8th. This represents a $0.96 annualized dividend and a dividend yield of 0.90%. J B Hunt Transport Services’s dividend payout ratio is currently 25.67%.

A number of research analysts have recently issued reports on JBHT shares. ValuEngine raised J B Hunt Transport Services from a “hold” rating to a “buy” rating in a report on Tuesday, September 11th. BidaskClub upgraded J B Hunt Transport Services from a “sell” rating to a “hold” rating in a research report on Wednesday, September 12th. Zacks Investment Research upgraded J B Hunt Transport Services from a “hold” rating to a “buy” rating and set a $137.00 target price on the stock in a research report on Tuesday, September 18th. Credit Suisse Group boosted their target price on J B Hunt Transport Services from $140.00 to $143.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 17th. Finally, Cowen boosted their target price on J B Hunt Transport Services from $123.00 to $132.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 17th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $128.53.

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J B Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc, together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates through four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT).

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Institutional Ownership by Quarter for J B Hunt Transport Services (NASDAQ:JBHT)

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