J.B. Hunt Transport Services, Inc. $JBHT Shares Sold by Advocacy Wealth Management LLC

Advocacy Wealth Management LLC reduced its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 6.4% during the 4th quarter, HoldingsChannel reports. The firm owned 54,997 shares of the transportation company’s stock after selling 3,790 shares during the quarter. Advocacy Wealth Management LLC’s holdings in J.B. Hunt Transport Services were worth $10,688,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. boosted its holdings 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 purchasing an additional 76 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in J.B. Hunt Transport Services in the second quarter valued at approximately $31,000. Sentry Investment Management LLC acquired a new position in J.B. Hunt Transport Services in the third quarter valued at approximately $32,000. International Assets Investment Management LLC acquired a new position in J.B. Hunt Transport Services in the fourth quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc acquired a new position in J.B. Hunt Transport Services in the second quarter valued at approximately $34,000. 74.95% of the stock is currently owned by institutional investors and hedge funds.

J.B. Hunt Transport Services Stock Performance

Shares of JBHT stock opened at $288.17 on Tuesday. The stock’s 50-day moving average is $246.78 and its two-hundred day moving average is $219.34. The firm has a market cap of $27.17 billion, a price-to-earnings ratio of 44.61, a PEG ratio of 2.12 and a beta of 1.30. J.B. Hunt Transport Services, Inc. has a 1 year low of $130.12 and a 1 year high of $289.95. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.26 and a current ratio of 1.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings data on Wednesday, April 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.04. The company had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.01 billion. J.B. Hunt Transport Services had a return on equity of 17.30% and a net margin of 5.13%.The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.17 earnings per share. Analysts predict that J.B. Hunt Transport Services, Inc. will post 7.27 earnings per share for the current year.

J.B. Hunt Transport Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.80 annualized dividend and a dividend yield of 0.6%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 27.86%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. TD Cowen boosted their target price on J.B. Hunt Transport Services from $209.00 to $228.00 and gave the company a “hold” rating in a research report on Thursday, April 16th. Evercore reissued an “outperform” rating and issued a $248.00 target price on shares of J.B. Hunt Transport Services in a research report on Monday, May 11th. Susquehanna boosted their target price on J.B. Hunt Transport Services from $250.00 to $290.00 and gave the company a “positive” rating in a research report on Wednesday, April 22nd. Weiss Ratings lowered J.B. Hunt Transport Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Finally, UBS Group boosted their target price on J.B. Hunt Transport Services from $216.00 to $221.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, J.B. Hunt Transport Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $233.83.

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

In other news, EVP Brian Webb sold 1,500 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $284.01, for a total transaction of $426,015.00. Following the completion of the sale, the executive vice president owned 15,881 shares in the company, valued at approximately $4,510,362.81. This represents a 8.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Darren P. Field sold 4,000 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $254.49, for a total transaction of $1,017,960.00. Following the sale, the executive vice president owned 8,696 shares of the company’s stock, valued at $2,213,045.04. This trade represents a 31.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 18,119 shares of company stock valued at $4,736,095. Corporate insiders own 2.50% 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:

• Positive Sentiment: Zacks highlighted JBHT as a strong momentum stock, which can support investor interest and buying pressure. Here’s Why JB Hunt (JBHT) is a Strong Momentum Stock
• Positive Sentiment: Wall Street Zen reportedly upgraded the stock, another sign of improving sentiment around JBHT. J.B. Hunt Transport Services (NASDAQ:JBHT) Stock Rating Upgraded by Wall Street Zen
• Neutral Sentiment: Additional commentary compared JBHT with ArcBest on valuation, but it does not appear to be a direct catalyst on its own. ARCB or JBHT: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: Another article asked whether JBHT is a good stock to buy now, which reflects ongoing market debate rather than a clear new catalyst. Is J.B. Hunt Transport Services, Inc. (JBHT) A Good Stock To Buy Now?
• Negative Sentiment: EVP David Keefauver sold 703 shares, reducing his stake by 47.09%, which may raise some caution about insider sentiment. SEC filing for David Keefauver transaction
• Negative Sentiment: EVP Brian Webb also sold 1,500 shares, trimming his ownership by 8.63%, adding to the insider-selling overhang. SEC filing for Brian Webb transaction

J.B. Hunt Transport Services Company Profile

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.