J.B. Hunt Transport Services (NASDAQ:JBHT) EVP Sells $287,937.00 in Stock

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHTGet Free Report) EVP Ronald Greer Woodruff sold 1,391 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $207.00, for a total value of $287,937.00. Following the transaction, the executive vice president directly owned 4,019 shares in the company, valued at approximately $831,933. This represents a 25.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

J.B. Hunt Transport Services Stock Down 1.9%

Shares of JBHT opened at $206.75 on Monday. The company has a quick ratio of 0.87, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average of $192.24 and a 200 day moving average of $163.89. The company has a market cap of $19.69 billion, a PE ratio of 33.67, a P/E/G ratio of 1.68 and a beta of 1.27. J.B. Hunt Transport Services, Inc. has a 52-week low of $122.79 and a 52-week high of $212.00.

J.B. Hunt Transport Services (NASDAQ:JBHTGet Free Report) last announced its earnings results on Thursday, January 15th. The transportation company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.09. The business had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.10 billion. J.B. Hunt Transport Services had a net margin of 4.99% and a return on equity of 16.33%. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.53 earnings per share. On average, sell-side analysts expect that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current year.

J.B. Hunt Transport Services announced that its Board of Directors has initiated a stock buyback program on Wednesday, October 22nd that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the transportation company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

J.B. Hunt Transport Services Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, February 6th will be given a $0.45 dividend. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. J.B. Hunt Transport Services’s dividend payout ratio is currently 28.66%.

Institutional Trading of J.B. Hunt Transport Services

Several hedge funds and other institutional investors have recently bought and sold shares of JBHT. Root Financial Partners LLC bought a new stake in J.B. Hunt Transport Services during the third quarter valued at about $25,000. Cromwell Holdings LLC lifted its position in shares of J.B. Hunt Transport Services by 52.2% during the third quarter. Cromwell Holdings LLC now owns 207 shares of the transportation company’s stock valued at $28,000 after buying an additional 71 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of J.B. Hunt Transport Services by 57.8% in the 2nd quarter. Private Trust Co. NA now owns 202 shares of the transportation company’s stock valued at $29,000 after buying an additional 74 shares in the last quarter. Parkside Financial Bank & Trust grew its position in shares of J.B. Hunt Transport Services by 41.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 225 shares of the transportation company’s stock worth $30,000 after buying an additional 66 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its stake in shares of J.B. Hunt Transport Services by 52.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 220 shares of the transportation company’s stock worth $30,000 after acquiring an additional 76 shares in the last quarter. Institutional investors own 74.95% of the company’s stock.

Key Headlines Impacting J.B. Hunt Transport Services

Here are the key news stories impacting J.B. Hunt Transport Services this week:

Analyst Upgrades and Downgrades

JBHT has been the subject of a number of research analyst reports. TD Cowen reissued a “hold” rating on shares of J.B. Hunt Transport Services in a research note on Monday, January 12th. BMO Capital Markets reiterated an “outperform” rating on shares of J.B. Hunt Transport Services in a research note on Friday, January 16th. Deutsche Bank Aktiengesellschaft set a $227.00 target price on shares of J.B. Hunt Transport Services in a research note on Thursday, December 11th. UBS Group raised their price target on shares of J.B. Hunt Transport Services from $174.00 to $196.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Finally, Morgan Stanley boosted their price objective on shares of J.B. Hunt Transport Services from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, J.B. Hunt Transport Services currently has a consensus rating of “Moderate Buy” and an average target price of $200.05.

View Our Latest Analysis on JBHT

J.B. Hunt Transport Services Company Profile

(Get Free Report)

J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.

In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.

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Insider Buying and Selling by Quarter for J.B. Hunt Transport Services (NASDAQ:JBHT)

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