Mather Group LLC. Sells 649 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Mather Group LLC. reduced its holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 36.7% in the 4th quarter, Holdings Channel reports. The fund owned 1,117 shares of the transportation company’s stock after selling 649 shares during the quarter. Mather Group LLC.’s holdings in J.B. Hunt Transport Services were worth $191,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of JBHT. True Wealth Design LLC increased its stake in J.B. Hunt Transport Services by 2,028.6% during the 3rd quarter. True Wealth Design LLC now owns 149 shares of the transportation company’s stock worth $26,000 after purchasing an additional 142 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in shares of J.B. Hunt Transport Services in the third quarter valued at approximately $26,000. Cromwell Holdings LLC increased its position in shares of J.B. Hunt Transport Services by 47.2% during the third quarter. Cromwell Holdings LLC now owns 237 shares of the transportation company’s stock worth $41,000 after acquiring an additional 76 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of J.B. Hunt Transport Services by 102.2% during the fourth quarter. Versant Capital Management Inc now owns 281 shares of the transportation company’s stock worth $48,000 after acquiring an additional 142 shares during the period. Finally, Huntington National Bank lifted its position in J.B. Hunt Transport Services by 21.8% in the 3rd quarter. Huntington National Bank now owns 341 shares of the transportation company’s stock valued at $59,000 after acquiring an additional 61 shares in the last quarter. 74.95% of the stock is currently owned by institutional investors.

Insider Buying and Selling at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, CEO Shelley Simpson sold 6,000 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $183.47, for a total value of $1,100,820.00. Following the transaction, the chief executive officer now directly owns 82,264 shares of the company’s stock, valued at $15,092,976.08. This represents a 6.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James K. Thompson sold 4,400 shares of J.B. Hunt Transport Services stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $175.37, for a total value of $771,628.00. Following the sale, the director now directly owns 23,559 shares of the company’s stock, valued at $4,131,541.83. This represents a 15.74 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,545 shares of company stock valued at $1,898,942 in the last three months. 2.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. UBS Group lowered their target price on J.B. Hunt Transport Services from $211.00 to $196.00 and set a “buy” rating for the company in a report on Friday, January 17th. Stifel Nicolaus decreased their price objective on J.B. Hunt Transport Services from $167.00 to $161.00 and set a “hold” rating for the company in a report on Wednesday, January 15th. JPMorgan Chase & Co. cut their target price on J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Wells Fargo & Company decreased their price target on shares of J.B. Hunt Transport Services from $200.00 to $190.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $195.00 price objective on shares of J.B. Hunt Transport Services in a research report on Wednesday, October 16th. Six investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, J.B. Hunt Transport Services has a consensus rating of “Moderate Buy” and an average price target of $191.11.

J.B. Hunt Transport Services Stock Performance

JBHT opened at $169.03 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.03 and a debt-to-equity ratio of 0.24. The stock has a market cap of $17.04 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 1.57 and a beta of 1.15. J.B. Hunt Transport Services, Inc. has a 12-month low of $153.12 and a 12-month high of $219.51. The business has a 50 day moving average of $175.79 and a 200-day moving average of $174.74.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings results on Thursday, January 16th. The transportation company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period in the prior year, the business earned $1.47 EPS. The company’s revenue for the quarter was down 4.5% compared to the same quarter last year. On average, equities research analysts expect that J.B. Hunt Transport Services, Inc. will post 6.62 earnings per share for the current year.

J.B. Hunt Transport Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a $0.44 dividend. The ex-dividend date is Friday, February 7th. This represents a $1.76 dividend on an annualized basis and a yield of 1.04%. This is a positive change from J.B. Hunt Transport Services’s previous quarterly dividend of $0.43. J.B. Hunt Transport Services’s dividend payout ratio is 30.94%.

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.