Greenleaf Trust Cuts Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Greenleaf Trust decreased its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 3.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,943 shares of the transportation company’s stock after selling 74 shares during the quarter. Greenleaf Trust’s holdings in J.B. Hunt Transport Services were worth $388,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Aviva PLC boosted its position in shares of J.B. Hunt Transport Services by 45.3% during the 3rd quarter. Aviva PLC now owns 52,155 shares of the transportation company’s stock worth $9,832,000 after acquiring an additional 16,249 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of J.B. Hunt Transport Services by 3.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 36,442 shares of the transportation company’s stock worth $6,870,000 after acquiring an additional 1,331 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of J.B. Hunt Transport Services during the 4th quarter worth about $11,513,000. Natixis Advisors L.P. boosted its position in shares of J.B. Hunt Transport Services by 38.4% during the 3rd quarter. Natixis Advisors L.P. now owns 41,835 shares of the transportation company’s stock worth $7,887,000 after acquiring an additional 11,613 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of J.B. Hunt Transport Services by 0.9% during the 3rd quarter. California Public Employees Retirement System now owns 153,367 shares of the transportation company’s stock worth $28,913,000 after acquiring an additional 1,393 shares in the last quarter. Hedge funds and other institutional investors own 74.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on JBHT shares. Susquehanna lowered their price objective on J.B. Hunt Transport Services from $195.00 to $185.00 and set a “neutral” rating for the company in a research report on Wednesday, April 17th. Bank of America decreased their target price on J.B. Hunt Transport Services from $215.00 to $199.00 and set a “buy” rating for the company in a research report on Wednesday, April 17th. UBS Group decreased their target price on J.B. Hunt Transport Services from $234.00 to $211.00 and set a “buy” rating for the company in a research report on Wednesday, April 17th. Loop Capital decreased their target price on J.B. Hunt Transport Services from $200.00 to $177.00 and set a “hold” rating for the company in a research report on Thursday, April 18th. Finally, Stephens decreased their target price on 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, J.B. Hunt Transport Services has an average rating of “Moderate Buy” and a consensus price target of $194.24.

Insiders Place Their Bets

In other J.B. Hunt Transport Services news, insider Alfred C. Harper sold 6,500 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $212.71, for a total transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, SVP Kevin Bracy sold 754 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $211.79, for a total transaction of $159,689.66. Following the completion of the transaction, the senior vice president now directly owns 8,235 shares of the company’s stock, valued at approximately $1,744,090.65. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Alfred C. Harper sold 6,500 shares of the stock in a transaction that occurred on 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 transaction, the insider now directly owns 42,411 shares of the company’s stock, valued at $9,021,243.81. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,454 shares of company stock valued at $3,283,219. 2.10% of the stock is owned by company insiders.

J.B. Hunt Transport Services Stock Up 0.1 %

J.B. Hunt Transport Services stock opened at $167.55 on Wednesday. J.B. Hunt Transport Services, Inc. has a twelve month low of $160.07 and a twelve month high of $219.51. The stock has a 50 day moving average of $195.98 and a two-hundred day moving average of $192.64. The company has a current ratio of 1.26, a quick ratio of 1.15 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $17.31 billion, a price-to-earnings ratio of 26.60, a PEG ratio of 2.20 and a beta of 1.11.

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.