Traders purchased shares of J B Hunt Transport Services Inc (NASDAQ:JBHT) on weakness during trading hours on Tuesday. $35.37 million flowed into the stock on the tick-up and $21.92 million flowed out of the stock on the tick-down, for a money net flow of $13.45 million into the stock. Of all companies tracked, J B Hunt Transport Services had the 31st highest net in-flow for the day. J B Hunt Transport Services traded down ($0.63) for the day and closed at $97.99

JBHT has been the subject of a number of research reports. Morgan Stanley lowered their price objective on J B Hunt Transport Services from $118.00 to $113.00 and set an “equal weight” rating for the company in a research report on Monday, January 7th. Credit Suisse Group lowered their price objective on J B Hunt Transport Services from $148.00 to $121.00 and set an “outperform” rating for the company in a research report on Tuesday, January 15th. BidaskClub lowered J B Hunt Transport Services from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 28th. ValuEngine lowered J B Hunt Transport Services from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. Finally, BMO Capital Markets lowered their price objective on J B Hunt Transport Services from $110.00 to $106.00 and set a “market perform” rating for the company in a research report on Tuesday, April 16th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $115.89.

The company has a quick ratio of 1.10, a current ratio of 1.44 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $10.57 billion, a PE ratio of 17.28, a PEG ratio of 1.41 and a beta of 1.13.

J B Hunt Transport Services (NASDAQ:JBHT) last issued its earnings results on Monday, April 15th. The transportation company reported $1.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.25 by ($0.16). J B Hunt Transport Services had a return on equity of 29.84% and a net margin of 5.61%. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter last year, the business posted $1.07 EPS. J B Hunt Transport Services’s quarterly revenue was up 7.3% on a year-over-year basis. As a group, equities analysts forecast that J B Hunt Transport Services Inc will post 5.73 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Stockholders of record on Friday, May 3rd will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, May 2nd. J B Hunt Transport Services’s dividend payout ratio (DPR) is presently 18.34%.

In other news, CFO David G. Mee sold 2,886 shares of J B Hunt Transport Services stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $109.06, for a total transaction of $314,747.16. Following the transaction, the chief financial officer now owns 110,500 shares in the company, valued at approximately $12,051,130. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nicholas Hobbs sold 3,000 shares of J B Hunt Transport Services stock in a transaction dated Thursday, February 21st. The shares were sold at an average price of $112.04, for a total value of $336,120.00. The disclosure for this sale can be found here. Insiders have sold a total of 12,986 shares of company stock worth $1,402,544 in the last quarter. 3.60% of the stock is currently owned by company insiders.

Several large investors have recently added to or reduced their stakes in JBHT. Bank of New York Mellon Corp lifted its stake in J B Hunt Transport Services by 23.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,455,788 shares of the transportation company’s stock valued at $292,090,000 after acquiring an additional 461,225 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in J B Hunt Transport Services by 2.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 505,837 shares of the transportation company’s stock valued at $60,162,000 after acquiring an additional 13,748 shares in the last quarter. LPL Financial LLC lifted its stake in J B Hunt Transport Services by 39.7% in the 3rd quarter. LPL Financial LLC now owns 22,185 shares of the transportation company’s stock valued at $2,639,000 after acquiring an additional 6,301 shares in the last quarter. Pacer Advisors Inc. lifted its stake in J B Hunt Transport Services by 15.9% in the 3rd quarter. Pacer Advisors Inc. now owns 8,646 shares of the transportation company’s stock valued at $1,028,000 after acquiring an additional 1,183 shares in the last quarter. Finally, Vident Investment Advisory LLC lifted its stake in J B Hunt Transport Services by 16.6% in the 3rd quarter. Vident Investment Advisory LLC now owns 4,460 shares of the transportation company’s stock valued at $531,000 after acquiring an additional 635 shares in the last quarter. Institutional investors and hedge funds own 72.46% of the company’s stock.

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J B Hunt Transport Services Company Profile (NASDAQ:JBHT)

J.B. Hunt Transport Services, Inc, together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT).

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