Capital Fund Management S.A. Has $11.59 Million Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Capital Fund Management S.A. decreased its holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 42.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,930 shares of the transportation company’s stock after selling 50,465 shares during the period. Capital Fund Management S.A. owned about 0.07% of J.B. Hunt Transport Services worth $11,593,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in J.B. Hunt Transport Services in the 4th quarter valued at approximately $6,030,000. APG Asset Management N.V. purchased a new position in shares of J.B. Hunt Transport Services during the 4th quarter valued at $7,581,000. Nixon Capital LLC acquired a new position in shares of J.B. Hunt Transport Services in the fourth quarter worth $1,312,000. Bank of Nova Scotia raised its holdings in shares of J.B. Hunt Transport Services by 14.0% during the fourth quarter. Bank of Nova Scotia now owns 11,870 shares of the transportation company’s stock worth $2,026,000 after acquiring an additional 1,461 shares in the last quarter. Finally, Invesco Ltd. boosted its position in J.B. Hunt Transport Services by 5.1% during the fourth quarter. Invesco Ltd. now owns 2,124,425 shares of the transportation company’s stock valued at $362,554,000 after purchasing an additional 104,019 shares during the last quarter. 74.95% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at J.B. Hunt Transport Services

In related news, Director James K. Thompson sold 4,400 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $175.37, for a total value of $771,628.00. Following the completion of the transaction, the director now owns 23,559 shares of the company’s stock, valued at $4,131,541.83. This represents a 15.74 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Darren P. Field sold 1,200 shares of the firm’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $161.67, for a total transaction of $194,004.00. Following the transaction, the executive vice president now owns 17,822 shares of the company’s stock, valued at approximately $2,881,282.74. This represents a 6.31 % decrease in their position. The disclosure for this sale can be found here. 2.30% of the stock is owned by insiders.

J.B. Hunt Transport Services Stock Down 1.1 %

Shares of JBHT stock opened at $132.88 on Friday. The stock has a 50 day moving average of $154.30 and a 200-day moving average of $169.45. The firm has a market cap of $13.29 billion, a PE ratio of 23.90, a price-to-earnings-growth ratio of 1.61 and a beta of 1.27. The company has a quick ratio of 0.94, a current ratio of 1.03 and a debt-to-equity ratio of 0.24. J.B. Hunt Transport Services, Inc. has a 12 month low of $127.05 and a 12 month high of $200.40.

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

J.B. Hunt Transport Services Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $0.44 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.32%. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.43. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 31.65%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft started coverage on J.B. Hunt Transport Services in a research report on Friday, March 7th. They issued a “hold” rating and a $167.00 target price on the stock. Barclays cut their price objective on shares of J.B. Hunt Transport Services from $180.00 to $165.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 2nd. The Goldman Sachs Group reduced their target price on shares of J.B. Hunt Transport Services from $188.00 to $166.00 and set a “buy” rating for the company in a research note on Thursday. Stephens restated an “overweight” rating and set a $205.00 price target on shares of J.B. Hunt Transport Services in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Nine equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, J.B. Hunt Transport Services presently has an average rating of “Moderate Buy” and a consensus target price of $177.70.

About J.B. Hunt Transport Services

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.