Calamos Advisors LLC Has $16.37 Million Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Calamos Advisors LLC grew its holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 0.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 81,942 shares of the transportation company’s stock after acquiring an additional 519 shares during the period. Calamos Advisors LLC’s holdings in J.B. Hunt Transport Services were worth $16,367,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC grew its holdings in shares of J.B. Hunt Transport Services by 10.0% in the 1st quarter. HighTower Advisors LLC now owns 5,673 shares of the transportation company’s stock worth $1,139,000 after purchasing an additional 518 shares during the last quarter. Private Advisor Group LLC raised its position in shares of J.B. Hunt Transport Services by 15.8% in the 1st quarter. Private Advisor Group LLC now owns 1,562 shares of the transportation company’s stock valued at $313,000 after acquiring an additional 213 shares during the period. Panagora Asset Management Inc. raised its position in shares of J.B. Hunt Transport Services by 16.2% in the 1st quarter. Panagora Asset Management Inc. now owns 2,428 shares of the transportation company’s stock valued at $488,000 after acquiring an additional 339 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in J.B. Hunt Transport Services by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,241 shares of the transportation company’s stock worth $2,257,000 after buying an additional 696 shares during the period. Finally, Yousif Capital Management LLC raised its holdings in J.B. Hunt Transport Services by 0.5% during the 1st quarter. Yousif Capital Management LLC now owns 13,252 shares of the transportation company’s stock worth $2,661,000 after buying an additional 60 shares during the period. Institutional investors and hedge funds own 74.95% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on JBHT. Barclays dropped their target price on shares of J.B. Hunt Transport Services from $200.00 to $170.00 and set an “equal weight” rating on the stock in a report on Wednesday. Bank of America decreased their price target on shares of J.B. Hunt Transport Services from $215.00 to $199.00 and set a “buy” rating for the company in a research note on Wednesday. Loop Capital decreased their price target on shares of J.B. Hunt Transport Services from $200.00 to $177.00 and set a “hold” rating for the company in a research note on Thursday. TD Cowen decreased their target price on shares of J.B. Hunt Transport Services from $193.00 to $181.00 and set a “hold” rating for the company in a research note on Wednesday. Finally, Stephens decreased their target price on shares of J.B. Hunt Transport Services from $210.00 to $192.00 and set an “overweight” rating for the company in a research note on Wednesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $194.56.

J.B. Hunt Transport Services Stock Up 3.1 %

NASDAQ:JBHT traded up $5.08 during trading hours on Friday, hitting $169.28. 245,659 shares of the company traded hands, compared to its average volume of 816,926. The company has a quick ratio of 1.15, a current ratio of 1.26 and a debt-to-equity ratio of 0.33. The firm’s 50-day simple moving average is $198.90 and its 200-day simple moving average is $192.97. J.B. Hunt Transport Services, Inc. has a one year low of $160.07 and a one year high of $219.51. The company has a market cap of $17.49 billion, a PE ratio of 26.06, a PEG ratio of 1.48 and a beta of 1.11.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings data on Thursday, January 18th. The transportation company reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.27). J.B. Hunt Transport Services had a net margin of 5.25% and a return on equity of 16.25%. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter last year, the business posted $1.92 earnings per share. J.B. Hunt Transport Services’s revenue was down 9.6% on a year-over-year basis. Equities analysts predict that J.B. Hunt Transport Services, Inc. will post 7.57 earnings per share for the current year.

Insider Activity

In other news, Chairman James K. Thompson sold 4,000 shares of the firm’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $206.48, for a total transaction of $825,920.00. Following the completion of the sale, the chairman now directly owns 28,259 shares of the company’s stock, valued at approximately $5,834,918.32. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, Chairman James K. Thompson sold 4,000 shares of J.B. Hunt Transport Services stock in a transaction dated Tuesday, January 23rd. The stock was sold at an average price of $206.48, for a total value of $825,920.00. Following the completion of the sale, the chairman now owns 28,259 shares of the company’s stock, valued at approximately $5,834,918.32. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Alfred C. Harper sold 6,500 shares of J.B. Hunt Transport Services stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $212.71, for a total value of $1,382,615.00. Following the completion of the sale, the insider now directly owns 42,411 shares of the company’s stock, valued at approximately $9,021,243.81. The disclosure for this sale can be found here. Insiders sold a total of 20,432 shares of company stock valued at $4,309,687 in the last ninety days. 2.10% of the stock is currently owned by insiders.

J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.