J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Shares Acquired by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC raised its position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 2.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,781 shares of the transportation company’s stock after buying an additional 153 shares during the quarter. Tempus Wealth Planning LLC’s holdings in J.B. Hunt Transport Services were worth $1,152,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of JBHT. Uncommon Cents Investing LLC lifted its holdings in shares of J.B. Hunt Transport Services by 3.0% in the 1st quarter. Uncommon Cents Investing LLC now owns 4,150 shares of the transportation company’s stock worth $827,000 after purchasing an additional 120 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in J.B. Hunt Transport Services by 0.4% during the 1st quarter. Hexagon Capital Partners LLC now owns 379,243 shares of the transportation company’s stock valued at $75,564,000 after buying an additional 1,522 shares during the period. SteelPeak Wealth LLC bought a new stake in shares of J.B. Hunt Transport Services during the 1st quarter worth about $502,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of J.B. Hunt Transport Services by 4.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,324 shares of the transportation company’s stock worth $662,000 after acquiring an additional 128 shares during the period. Finally, Disciplined Investments LLC lifted its position in J.B. Hunt Transport Services by 1.4% in the first quarter. Disciplined Investments LLC now owns 29,067 shares of the transportation company’s stock worth $5,791,000 after purchasing an additional 412 shares during the period. Institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services Stock Performance

JBHT stock traded down $0.71 on Thursday, reaching $158.71. 387,834 shares of the company were exchanged, compared to its average volume of 805,635. The firm has a market capitalization of $16.38 billion, a PE ratio of 25.19, a PEG ratio of 1.80 and a beta of 1.14. J.B. Hunt Transport Services, Inc. has a 12 month low of $153.12 and a 12 month high of $219.51. The stock’s fifty day moving average price is $161.10 and its 200 day moving average price is $185.09. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.26 and a quick ratio of 1.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings data on Tuesday, April 16th. The transportation company reported $1.22 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.31). 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 $2.94 billion for the quarter, compared to analyst estimates of $3.12 billion. On average, research analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.53 EPS for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, May 10th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date was Thursday, May 9th. J.B. Hunt Transport Services’s dividend payout ratio is presently 27.30%.

Insider Buying and Selling

In other J.B. Hunt Transport Services news, CEO John N. Roberts acquired 6,200 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was bought at an average price of $161.06 per share, for a total transaction of $998,572.00. Following the purchase, the chief executive officer now owns 313,955 shares in the company, valued at approximately $50,565,592.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Stephens reduced their price objective 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 report on Wednesday, April 17th. Evercore ISI decreased their price target on J.B. Hunt Transport Services from $199.00 to $191.00 and set an “outperform” rating for the company in a research report on Tuesday, June 25th. UBS Group cut their price objective on J.B. Hunt Transport Services from $234.00 to $211.00 and set a “buy” rating on the stock in a report on Wednesday, April 17th. Bank of America reduced 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 research note on Wednesday, April 17th. Finally, Stifel Nicolaus dropped their target price on shares of J.B. Hunt Transport Services from $188.00 to $173.00 and set a “hold” rating on the stock in a research report on Wednesday, April 17th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $191.38.

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.