19,842 Shares in J.B. Hunt Transport Services, Inc. $JBHT Purchased by Robinson Value Management Ltd.

Robinson Value Management Ltd. bought a new position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,842 shares of the transportation company’s stock, valued at approximately $3,856,000. J.B. Hunt Transport Services accounts for 2.1% of Robinson Value Management Ltd.’s holdings, making the stock its 16th biggest holding.

A number of other hedge funds also recently added to or reduced their stakes in JBHT. Root Financial Partners LLC purchased a new stake in shares of J.B. Hunt Transport Services during the 3rd quarter worth approximately $25,000. Cromwell Holdings LLC increased its stake in J.B. Hunt Transport Services by 52.2% in the 3rd quarter. Cromwell Holdings LLC now owns 207 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 71 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in J.B. Hunt Transport Services by 41.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 225 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 66 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in J.B. Hunt Transport Services by 52.8% during the third quarter. Hantz Financial Services Inc. now owns 220 shares of the transportation company’s stock worth $30,000 after purchasing an additional 76 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in J.B. Hunt Transport Services during the second quarter worth $31,000. 74.95% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at J.B. Hunt Transport Services

In other news, SVP Jennifer Boattini sold 2,238 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $232.00, for a total value of $519,216.00. Following the completion of the transaction, the senior vice president owned 16,650 shares of the company’s stock, valued at $3,862,800. The trade was a 11.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Bradley W. Hicks sold 4,028 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $225.13, for a total transaction of $906,823.64. Following the completion of the transaction, the insider directly owned 30,395 shares of the company’s stock, valued at approximately $6,842,826.35. This represents a 11.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 25,945 shares of company stock worth $5,656,495 over the last three months. Company insiders own 2.50% of the company’s stock.

J.B. Hunt Transport Services Stock Performance

NASDAQ JBHT opened at $209.10 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $122.79 and a fifty-two week high of $236.00. The business has a fifty day moving average of $215.15 and a 200-day moving average of $185.01. The stock has a market cap of $19.78 billion, a price-to-earnings ratio of 34.06, a price-to-earnings-growth ratio of 1.68 and a beta of 1.23.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings data on Thursday, January 15th. The transportation company reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.09. The business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.10 billion. J.B. Hunt Transport Services had a return on equity of 16.33% and a net margin of 4.99%.The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.53 earnings per share. As a group, analysts predict 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 company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 6th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 annualized dividend and a dividend yield of 0.9%. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. J.B. Hunt Transport Services’s dividend payout ratio is 29.32%.

Analysts Set New Price Targets

Several research firms have weighed in on JBHT. Morgan Stanley upped their target price on J.B. Hunt Transport Services from $150.00 to $165.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Argus raised J.B. Hunt Transport Services to a “strong-buy” rating in a research note on Thursday, January 22nd. Barclays increased their price objective on shares of J.B. Hunt Transport Services from $150.00 to $200.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. Vertical Research downgraded shares of J.B. Hunt Transport Services from a “strong-buy” rating to a “hold” rating and set a $200.00 target price for the company. in a report on Thursday, January 8th. Finally, Stifel Nicolaus set a $201.00 target price on shares of J.B. Hunt Transport Services in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $205.27.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.

In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.