Rothschild Wealth LLC Makes New $535,000 Investment in J.B. Hunt Transport Services, Inc. $JBHT

Rothschild Wealth LLC acquired a new position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,753 shares of the transportation company’s stock, valued at approximately $535,000.

Other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its holdings in J.B. Hunt Transport Services by 52.8% in 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 in the last quarter. CYBER HORNET ETFs LLC bought a new position in J.B. Hunt Transport Services in the second quarter worth $31,000. Sentry Investment Management LLC bought a new position in J.B. Hunt Transport Services in the third quarter worth $32,000. International Assets Investment Management LLC purchased a new stake in shares of J.B. Hunt Transport Services in the fourth quarter worth $32,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of J.B. Hunt Transport Services in the second quarter worth $34,000. Institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services Trading Up 1.1%

J.B. Hunt Transport Services stock opened at $279.46 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 1.26. J.B. Hunt Transport Services, Inc. has a one year low of $130.12 and a one year high of $279.92. The stock has a market capitalization of $26.35 billion, a PE ratio of 43.26, a price-to-earnings-growth ratio of 2.06 and a beta of 1.30. The business’s fifty day moving average is $239.01 and its 200 day moving average is $215.18.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Wednesday, April 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.04. The business had revenue of $3.06 billion for the quarter, compared to analysts’ expectations of $3.01 billion. J.B. Hunt Transport Services had a return on equity of 17.30% and a net margin of 5.13%.The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $1.17 earnings per share. On average, sell-side analysts predict that J.B. Hunt Transport Services, Inc. will post 7.27 EPS for the current year.

J.B. Hunt Transport Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, May 8th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 27.86%.

Insiders Place Their Bets

In other J.B. Hunt Transport Services news, Director James K. Thompson sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $254.28, for a total value of $254,280.00. Following the transaction, the director directly owned 19,559 shares of the company’s stock, valued at approximately $4,973,462.52. This trade represents a 4.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Darren P. Field sold 4,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $254.49, for a total value of $1,017,960.00. Following the completion of the transaction, the executive vice president directly owned 8,696 shares in the company, valued at $2,213,045.04. The trade was a 31.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 15,916 shares of company stock valued at $4,109,634. 2.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Wall Street Zen cut J.B. Hunt Transport Services from a “buy” rating to a “hold” rating in a research note on Saturday. Robert W. Baird increased their target price on J.B. Hunt Transport Services from $215.00 to $236.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Morgan Stanley increased their target price on J.B. Hunt Transport Services from $165.00 to $180.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. Barclays increased their target price on J.B. Hunt Transport Services from $200.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. Finally, Citigroup increased their target price on J.B. Hunt Transport Services from $228.00 to $236.00 and gave the stock a “neutral” rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $228.17.

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.