John Kuhlow Sells 1,000 Shares of J.B. Hunt Transport Services (NASDAQ:JBHT) Stock

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) CAO John Kuhlow sold 1,000 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $225.68, for a total transaction of $225,680.00. Following the sale, the chief accounting officer owned 17,931 shares in the company, valued at $4,046,668.08. The trade was a 5.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

John Kuhlow also recently made the following trade(s):

• On Monday, December 1st, John Kuhlow sold 3,225 shares of J.B. Hunt Transport Services stock. The stock was sold at an average price of $179.76, for a total transaction of $579,726.00.

J.B. Hunt Transport Services Trading Down 1.1%

Shares of J.B. Hunt Transport Services stock traded down $2.60 during trading hours on Thursday, reaching $225.62. The stock had a trading volume of 823,276 shares, compared to its average volume of 1,141,315. J.B. Hunt Transport Services, Inc. has a 1 year low of $122.79 and a 1 year high of $229.44. The firm has a 50 day simple moving average of $199.48 and a two-hundred day simple moving average of $167.07. The company has a current ratio of 0.83, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $21.48 billion, a price-to-earnings ratio of 36.75, a P/E/G ratio of 1.79 and a beta of 1.27.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings results on Thursday, January 15th. The transportation company reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.09. The business had revenue of $3.10 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.53 EPS. As a group, equities research analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services announced that its Board of Directors has initiated a share buyback program on Wednesday, October 22nd that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the transportation company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

J.B. Hunt Transport Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, February 6th will be paid a $0.45 dividend. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. The ex-dividend date is Friday, February 6th. This represents a $1.80 annualized dividend and a yield of 0.8%. J.B. Hunt Transport Services’s dividend payout ratio is presently 28.66%.

Hedge Funds Weigh In On J.B. Hunt Transport Services

A number of institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in J.B. Hunt Transport Services by 74.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,643 shares of the transportation company’s stock worth $2,314,000 after buying an additional 6,668 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of J.B. Hunt Transport Services by 3.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 433,661 shares of the transportation company’s stock worth $64,160,000 after buying an additional 13,729 shares during the last quarter. Empowered Funds LLC grew its stake in shares of J.B. Hunt Transport Services by 27.8% during the first quarter. Empowered Funds LLC now owns 1,770 shares of the transportation company’s stock valued at $262,000 after buying an additional 385 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of J.B. Hunt Transport Services during the second quarter worth about $539,000. Finally, HB Wealth Management LLC purchased a new position in shares of J.B. Hunt Transport Services in the 2nd quarter valued at approximately $244,000. Institutional investors and hedge funds own 74.95% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on JBHT shares. Stifel Nicolaus set a $201.00 price target on J.B. Hunt Transport Services in a report on Friday, January 16th. Vertical Research cut shares of J.B. Hunt Transport Services from a “strong-buy” rating to a “hold” rating and set a $200.00 price target for the company. in a research report on Thursday, January 8th. Stephens reiterated an “overweight” rating and set a $180.00 target price on shares of J.B. Hunt Transport Services in a report on Thursday, October 16th. Weiss Ratings reissued a “hold (c)” rating on shares of J.B. Hunt Transport Services in a research note on Monday, December 29th. Finally, Bank of America raised their target price on shares of J.B. Hunt Transport Services from $153.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, October 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 stock. According to MarketBeat, J.B. Hunt Transport Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.05.

J.B. Hunt Transport Services Company Profile

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.