Everpar Advisors LLC Buys Shares of 1,026 J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Everpar Advisors LLC bought a new stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,026 shares of the transportation company’s stock, valued at approximately $205,000.

Several other institutional investors have also recently bought and sold shares of JBHT. VisionPoint Advisory Group LLC raised its stake in shares of J.B. Hunt Transport Services by 104.8% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 170 shares of the transportation company’s stock worth $32,000 after purchasing an additional 87 shares in the last quarter. Operose Advisors LLC acquired a new stake in shares of J.B. Hunt Transport Services during the 3rd quarter worth $34,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of J.B. Hunt Transport Services during the 3rd quarter worth $36,000. Cary Street Partners Investment Advisory LLC boosted its stake in J.B. Hunt Transport Services by 505.9% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 309 shares of the transportation company’s stock valued at $58,000 after buying an additional 258 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its stake in J.B. Hunt Transport Services by 26.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 299 shares of the transportation company’s stock valued at $60,000 after buying an additional 62 shares in the last quarter. Institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services Trading Down 0.2 %

JBHT stock opened at $167.75 on Thursday. The firm’s fifty day simple moving average is $186.06 and its two-hundred day simple moving average is $190.77. The stock has a market capitalization of $17.31 billion, a price-to-earnings ratio of 26.63, a price-to-earnings-growth ratio of 2.23 and a beta of 1.17. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.33. J.B. Hunt Transport Services, Inc. has a twelve month low of $160.07 and a twelve month high of $219.51.

J.B. Hunt Transport Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $1.72 annualized dividend and a dividend yield of 1.03%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 27.30%.

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

In other J.B. Hunt Transport Services news, CEO John N. Roberts bought 6,200 shares of the company’s stock in a transaction on Friday, April 26th. The stock was acquired at an average price of $161.06 per share, for a total transaction of $998,572.00. Following the completion of the transaction, the chief executive officer now directly owns 313,955 shares of the company’s stock, valued at $50,565,592.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CEO John N. Roberts purchased 6,200 shares of the stock in a transaction that occurred on Friday, April 26th. The stock was purchased at an average price of $161.06 per share, for a total transaction of $998,572.00. Following the completion of the acquisition, the chief executive officer now owns 313,955 shares of the company’s stock, valued at $50,565,592.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Alfred C. Harper sold 6,500 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were 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 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 15,454 shares of company stock worth $3,283,219 over the last 90 days. Company insiders own 2.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Stifel Nicolaus reduced their price objective on J.B. Hunt Transport Services from $188.00 to $173.00 and set a “hold” rating on the stock in a research note on Wednesday, April 17th. JPMorgan Chase & Co. lowered their price objective on J.B. Hunt Transport Services from $209.00 to $204.00 and set an “overweight” rating for the company in a research report on Wednesday, April 17th. Raymond James lifted their price target on shares of J.B. Hunt Transport Services from $200.00 to $209.00 and gave the company an “outperform” rating in a report on Tuesday, January 16th. Bank of America dropped their price objective on shares of J.B. Hunt Transport Services from $215.00 to $199.00 and set a “buy” rating for the company in a report on Wednesday, April 17th. Finally, TD Cowen reduced their target price on J.B. Hunt Transport Services from $193.00 to $181.00 and set a “hold” rating on the stock in a report on Wednesday, April 17th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, J.B. Hunt Transport Services has a consensus rating of “Moderate Buy” and an average target price of $194.24.

J.B. Hunt Transport Services 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.