Mather Group LLC. Has $304,000 Position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Mather Group LLC. lessened its holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 20.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,766 shares of the transportation company’s stock after selling 460 shares during the quarter. Mather Group LLC.’s holdings in J.B. Hunt Transport Services were worth $304,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Silvercrest Asset Management Group LLC raised its holdings in J.B. Hunt Transport Services by 24.5% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 29,302 shares of the transportation company’s stock worth $5,838,000 after purchasing an additional 5,767 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of J.B. Hunt Transport Services by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 9,769,777 shares of the transportation company’s stock valued at $1,946,628,000 after acquiring an additional 25,109 shares in the last quarter. Jennison Associates LLC increased its stake in shares of J.B. Hunt Transport Services by 11.2% in the 1st quarter. Jennison Associates LLC now owns 197,809 shares of the transportation company’s stock valued at $39,413,000 after acquiring an additional 19,987 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of J.B. Hunt Transport Services in the 4th quarter valued at $1,795,000. Finally, FIL Ltd increased its stake in shares of J.B. Hunt Transport Services by 15.7% in the 4th quarter. FIL Ltd now owns 887,836 shares of the transportation company’s stock valued at $177,336,000 after acquiring an additional 120,202 shares in the last quarter. Institutional investors own 74.95% of the company’s stock.

Insider Activity at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, Director Persio V. Lisboa bought 600 shares of the firm’s stock in a transaction that occurred on Friday, July 19th. The stock was bought at an average price of $163.47 per share, for a total transaction of $98,082.00. Following the completion of the acquisition, the director now directly owns 3,594 shares in the company, valued at $587,511.18. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Director Persio V. Lisboa acquired 600 shares of the firm’s stock in a transaction on Friday, July 19th. The stock was acquired at an average price of $163.47 per share, for a total transaction of $98,082.00. Following the completion of the acquisition, the director now owns 3,594 shares in the company, valued at $587,511.18. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Darren P. Field sold 3,000 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $175.03, for a total value of $525,090.00. Following the completion of the transaction, the executive vice president now owns 14,150 shares of the company’s stock, valued at approximately $2,476,674.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on JBHT shares. Evercore ISI lowered their price objective on shares of J.B. Hunt Transport Services from $185.00 to $183.00 and set an “outperform” rating for the company in a research note on Thursday, October 3rd. JPMorgan Chase & Co. reduced their price target on shares of J.B. Hunt Transport Services from $204.00 to $184.00 and set an “overweight” rating for the company in a research report on Tuesday, July 9th. Susquehanna lifted their price target on shares of J.B. Hunt Transport Services from $145.00 to $160.00 and gave the company a “neutral” rating in a research report on Thursday, September 26th. Stifel Nicolaus reduced their price target on shares of J.B. Hunt Transport Services from $173.00 to $151.00 and set a “hold” rating for the company in a research report on Tuesday, July 23rd. Finally, The Goldman Sachs Group reduced their price target on shares of J.B. Hunt Transport Services from $193.00 to $189.00 and set a “buy” rating for the company in a research report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $183.50.

J.B. Hunt Transport Services Stock Down 0.1 %

Shares of NASDAQ JBHT opened at $165.92 on Friday. The firm has a market capitalization of $17.12 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 2.86 and a beta of 1.15. The business has a 50-day moving average of $169.29 and a 200-day moving average of $168.55. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.36. J.B. Hunt Transport Services, Inc. has a 12 month low of $153.12 and a 12 month high of $219.51.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its earnings results on Tuesday, July 16th. The transportation company reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by ($0.19). The firm had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $3.02 billion. J.B. Hunt Transport Services had a return on equity of 14.77% and a net margin of 4.90%. The firm’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.81 EPS. Sell-side analysts expect that J.B. Hunt Transport Services, Inc. will post 5.7 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Stockholders of record on Friday, August 2nd were paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date was Friday, August 2nd. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 27.30%.

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.