B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 1,711 J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,711 shares of the transportation company’s stock, valued at approximately $295,000.

Several other large investors have also modified their holdings of the stock. Empirical Finance LLC raised its stake in J.B. Hunt Transport Services by 2.0% during the 3rd quarter. Empirical Finance LLC now owns 2,855 shares of the transportation company’s stock worth $492,000 after acquiring an additional 56 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of J.B. Hunt Transport Services by 18.3% during the third quarter. Farther Finance Advisors LLC now owns 388 shares of the transportation company’s stock worth $67,000 after purchasing an additional 60 shares during the last quarter. Huntington National Bank increased its position in shares of J.B. Hunt Transport Services by 21.8% during the third quarter. Huntington National Bank now owns 341 shares of the transportation company’s stock worth $59,000 after purchasing an additional 61 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of J.B. Hunt Transport Services by 4.0% in the 3rd quarter. Greenleaf Trust now owns 1,599 shares of the transportation company’s stock valued at $276,000 after purchasing an additional 62 shares during the last quarter. Finally, Studio Investment Management LLC lifted its holdings in shares of J.B. Hunt Transport Services by 6.6% in the 2nd quarter. Studio Investment Management LLC now owns 1,013 shares of the transportation company’s stock valued at $162,000 after purchasing an additional 63 shares during the last quarter. Institutional investors and hedge funds own 74.95% of the company’s stock.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, EVP Spencer Frazier sold 2,200 shares of J.B. Hunt Transport Services stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $194.21, for a total transaction of $427,262.00. Following the completion of the transaction, the executive vice president now owns 4,050 shares in the company, valued at approximately $786,550.50. The trade was a 35.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Darren P. Field sold 1,500 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $183.50, for a total transaction of $275,250.00. Following the completion of the sale, the executive vice president now owns 12,650 shares in the company, valued at $2,321,275. This represents a 10.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,314 shares of company stock valued at $1,008,962 in the last quarter. 2.10% of the stock is currently owned by corporate insiders.

J.B. Hunt Transport Services Trading Up 0.5 %

NASDAQ:JBHT opened at $182.40 on Monday. J.B. Hunt Transport Services, Inc. has a 1 year low of $153.12 and a 1 year high of $219.51. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a fifty day moving average price of $176.81 and a two-hundred day moving average price of $168.85. The stock has a market capitalization of $18.39 billion, a price-to-earnings ratio of 33.16, a PEG ratio of 2.89 and a beta of 1.14.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings results on Tuesday, October 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.07. The business had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.04 billion. J.B. Hunt Transport Services had a net margin of 4.65% and a return on equity of 13.92%. During the same quarter last year, the firm posted $1.80 EPS. As a group, sell-side analysts anticipate that J.B. Hunt Transport Services, Inc. will post 5.7 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.43 per share. The ex-dividend date was Friday, November 8th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.94%. J.B. Hunt Transport Services’s payout ratio is 31.27%.

Analysts Set New Price Targets

Several research analysts have commented on the company. Stifel Nicolaus lifted their price target on J.B. Hunt Transport Services from $151.00 to $167.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. Citigroup upped their price target on shares of J.B. Hunt Transport Services from $204.00 to $227.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Evercore ISI raised their price objective on shares of J.B. Hunt Transport Services from $183.00 to $185.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $195.00 target price on shares of J.B. Hunt Transport Services in a report on Wednesday, October 16th. Finally, Benchmark reissued a “buy” rating and set a $185.00 price target on shares of J.B. Hunt Transport Services in a report on Wednesday, October 16th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $190.11.

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.