Nisa Investment Advisors LLC Buys 500 Shares of J.B. Hunt Transport Services, Inc. (JBHT)

Nisa Investment Advisors LLC lifted its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,925 shares of the transportation company’s stock after purchasing an additional 500 shares during the quarter. Nisa Investment Advisors LLC’s holdings in J.B. Hunt Transport Services were worth $3,326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JBHT. Teachers Advisors LLC grew its holdings in shares of J.B. Hunt Transport Services by 4.7% during the 2nd quarter. Teachers Advisors LLC now owns 107,351 shares of the transportation company’s stock worth $9,810,000 after purchasing an additional 4,846 shares during the period. Norinchukin Bank The grew its holdings in shares of J.B. Hunt Transport Services by 5.5% during the 2nd quarter. Norinchukin Bank The now owns 5,952 shares of the transportation company’s stock worth $544,000 after purchasing an additional 311 shares during the period. Amalgamated Bank grew its holdings in shares of J.B. Hunt Transport Services by 50.9% during the 2nd quarter. Amalgamated Bank now owns 10,095 shares of the transportation company’s stock worth $922,000 after purchasing an additional 3,407 shares during the period. Profund Advisors LLC grew its holdings in shares of J.B. Hunt Transport Services by 0.7% during the 2nd quarter. Profund Advisors LLC now owns 8,160 shares of the transportation company’s stock worth $746,000 after purchasing an additional 55 shares during the period. Finally, ProShare Advisors LLC grew its holdings in shares of J.B. Hunt Transport Services by 27.1% during the 2nd quarter. ProShare Advisors LLC now owns 41,950 shares of the transportation company’s stock worth $3,833,000 after purchasing an additional 8,952 shares during the period. Institutional investors and hedge funds own 70.96% of the company’s stock.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) opened at $121.45 on Friday. J.B. Hunt Transport Services, Inc. has a twelve month low of $83.35 and a twelve month high of $122.18. The company has a market capitalization of $13,241.57, a PE ratio of 32.30, a P/E/G ratio of 1.96 and a beta of 1.05. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.74.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Thursday, January 18th. The transportation company reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $2.45. J.B. Hunt Transport Services had a return on equity of 28.90% and a net margin of 6.05%. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same period last year, the business posted $1.05 EPS. J.B. Hunt Transport Services’s revenue for the quarter was up 15.6% on a year-over-year basis. equities analysts anticipate that J.B. Hunt Transport Services, Inc. will post 3.73 earnings per share for the current fiscal year.

A number of research firms have recently weighed in on JBHT. UBS Group upgraded J.B. Hunt Transport Services from a “neutral” rating to a “buy” rating and increased their price target for the stock from $115.00 to $126.00 in a report on Monday, October 23rd. JPMorgan Chase & Co. increased their price target on J.B. Hunt Transport Services from $108.00 to $121.00 and gave the stock an “overweight” rating in a report on Thursday, October 12th. Credit Suisse Group reiterated a “buy” rating and set a $114.00 price target (up from $100.00) on shares of J.B. Hunt Transport Services in a report on Thursday, October 12th. They noted that the move was a valuation call. Cowen reiterated a “buy” rating and set a $102.00 price target on shares of J.B. Hunt Transport Services in a report on Sunday, October 1st. Finally, Barclays increased their price target on J.B. Hunt Transport Services from $97.00 to $105.00 and gave the stock an “equal weight” rating in a report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the stock. J.B. Hunt Transport Services has a consensus rating of “Hold” and a consensus target price of $114.28.

In other J.B. Hunt Transport Services news, SVP John Kuhlow sold 500 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $112.55, for a total value of $56,275.00. Following the sale, the senior vice president now owns 3,499 shares of the company’s stock, valued at approximately $393,812.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Earl Wayne Garrison sold 100,000 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $109.29, for a total value of $10,929,000.00. Following the completion of the sale, the director now directly owns 2,050,000 shares in the company, valued at approximately $224,044,500. The disclosure for this sale can be found here. Insiders have sold a total of 101,500 shares of company stock valued at $11,095,605 over the last 90 days. 4.30% of the stock is currently owned by company insiders.

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J.B. Hunt Transport Services Profile

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.

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

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