Disciplined Investments LLC Increases Stock Position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Disciplined Investments LLC grew its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 9.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 38,142 shares of the transportation company’s stock after purchasing an additional 3,136 shares during the period. J.B. Hunt Transport Services comprises approximately 3.2% of Disciplined Investments LLC’s holdings, making the stock its 6th biggest holding. Disciplined Investments LLC’s holdings in J.B. Hunt Transport Services were worth $6,509,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Catalyst Capital Advisors LLC acquired a new stake in shares of J.B. Hunt Transport Services in the 3rd quarter valued at $26,000. True Wealth Design LLC boosted its stake in shares of J.B. Hunt Transport Services by 2,028.6% in the 3rd quarter. True Wealth Design LLC now owns 149 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 142 shares in the last quarter. National Pension Service acquired a new stake in shares of J.B. Hunt Transport Services in the 4th quarter valued at $30,000. BankPlus Trust Department acquired a new stake in shares of J.B. Hunt Transport Services in the 4th quarter valued at $34,000. Finally, Versant Capital Management Inc boosted its stake in shares of J.B. Hunt Transport Services by 102.2% in the 4th quarter. Versant Capital Management Inc now owns 281 shares of the transportation company’s stock valued at $48,000 after purchasing an additional 142 shares in the last quarter. Institutional investors and hedge funds own 74.95% of the company’s stock.

Insider Activity

In other news, CEO Shelley Simpson sold 6,000 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $183.47, for a total value of $1,100,820.00. Following the sale, the chief executive officer now directly owns 82,264 shares in the company, valued at $15,092,976.08. This trade represents a 6.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James K. Thompson sold 4,400 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $175.37, for a total transaction of $771,628.00. Following the completion of the sale, the director now owns 23,559 shares in the company, valued at $4,131,541.83. This trade represents a 15.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,545 shares of company stock worth $1,898,942 over the last ninety days. Insiders own 2.10% of the company’s stock.

J.B. Hunt Transport Services Stock Performance

Shares of JBHT stock opened at $157.82 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.94 and a current ratio of 1.03. The company has a market capitalization of $15.78 billion, a P/E ratio of 28.38, a price-to-earnings-growth ratio of 1.61 and a beta of 1.15. The company’s 50 day moving average price is $170.96 and its two-hundred day moving average price is $174.78. J.B. Hunt Transport Services, Inc. has a 52 week low of $153.12 and a 52 week high of $204.43.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Thursday, January 16th. The transportation company reported $1.53 EPS for the quarter, missing the consensus estimate of $1.62 by ($0.09). The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.13 billion. J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. The business’s quarterly revenue was down 4.5% on a year-over-year basis. During the same quarter last year, the business posted $1.47 earnings per share. On average, analysts expect that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a $0.44 dividend. The ex-dividend date was Friday, February 7th. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.43. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.12%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is 31.65%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Susquehanna upgraded shares of J.B. Hunt Transport Services from a “neutral” rating to a “positive” rating and set a $200.00 price target on the stock in a research report on Friday, January 3rd. JPMorgan Chase & Co. reduced their price target on shares of J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Stephens restated an “overweight” rating and set a $205.00 target price on shares of J.B. Hunt Transport Services in a research report on Friday, January 17th. Benchmark restated a “buy” rating and set a $195.00 target price on shares of J.B. Hunt Transport Services in a research report on Friday, January 17th. Finally, Stifel Nicolaus cut their target price on shares of J.B. Hunt Transport Services from $167.00 to $161.00 and set a “hold” rating on the stock in a research report on Wednesday, January 15th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $191.11.

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.