J.B. Hunt Transport Services, Inc. $JBHT Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. decreased its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 21.4% in the 4th quarter, HoldingsChannel reports. The firm owned 21,866 shares of the transportation company’s stock after selling 5,942 shares during the period. Daiwa Securities Group Inc.’s holdings in J.B. Hunt Transport Services were worth $4,250,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in J.B. Hunt Transport Services in the 4th quarter valued at about $32,000. Whittier Trust Co. boosted its position in J.B. Hunt Transport Services by 39.1% during the fourth quarter. Whittier Trust Co. now owns 178 shares of the transportation company’s stock worth $37,000 after acquiring an additional 50 shares during the last quarter. Activest Wealth Management boosted its position in J.B. Hunt Transport Services by 19,800.0% during the fourth quarter. Activest Wealth Management now owns 199 shares of the transportation company’s stock worth $39,000 after acquiring an additional 198 shares during the last quarter. Sentry Investment Management LLC acquired a new stake in J.B. Hunt Transport Services during the third quarter worth approximately $32,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in J.B. Hunt Transport Services during the second quarter worth approximately $31,000. Institutional investors and hedge funds 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:

• 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

Wall Street Analyst Weigh In

JBHT has been the topic of a number of analyst reports. Citigroup raised their target price on shares of J.B. Hunt Transport Services from $228.00 to $236.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. TD Cowen raised their target price on shares of J.B. Hunt Transport Services from $209.00 to $228.00 and gave the stock a “hold” rating in a research report on Thursday, April 16th. Weiss Ratings lowered shares of J.B. Hunt Transport Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Raymond James Financial restated an “outperform” rating and set a $240.00 target price on shares of J.B. Hunt Transport Services in a research report on Wednesday, April 15th. Finally, Bank of America upped their price objective on shares of J.B. Hunt Transport Services from $225.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, J.B. Hunt Transport Services presently has an average rating of “Moderate Buy” and an average price target of $233.83.

Insider Activity

In related news, EVP Spencer Frazier sold 2,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $258.20, for a total transaction of $516,400.00. Following the completion of the sale, the executive vice president owned 4,604 shares of the company’s stock, valued at approximately $1,188,752.80. This represents a 30.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradley W. Hicks sold 7,644 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $261.91, for a total transaction of $2,002,040.04. Following the sale, the insider directly owned 23,982 shares of the company’s stock, valued at approximately $6,281,125.62. This trade represents a 24.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 18,119 shares of company stock worth $4,736,095. Insiders own 2.50% of the company’s stock.

J.B. Hunt Transport Services Trading Up 1.1%

NASDAQ JBHT opened at $288.17 on Tuesday. J.B. Hunt Transport Services, Inc. has a 12 month low of $130.12 and a 12 month high of $289.95. The company has a 50-day moving average of $246.78 and a 200-day moving average of $219.34. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 1.26. The company has a market cap of $27.17 billion, a P/E ratio of 44.61, a P/E/G ratio of 2.12 and a beta of 1.30.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings data on Wednesday, April 15th. The transportation company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.04. J.B. Hunt Transport Services had a net margin of 5.13% and a return on equity of 17.30%. The company had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the prior year, the company posted $1.17 EPS. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. As a group, equities 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, May 8th. J.B. Hunt Transport Services’s dividend payout ratio is 27.86%.

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.