J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) EVP Shelley Simpson sold 3,700 shares of the stock in a transaction that occurred on Friday, August 18th. The shares were sold at an average price of $97.05, for a total transaction of $359,085.00. Following the sale, the executive vice president now owns 55,944 shares in the company, valued at approximately $5,429,365.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

J.B. Hunt Transport Services, Inc. (NASDAQ JBHT) opened at 96.63 on Monday. J.B. Hunt Transport Services, Inc. has a 52-week low of $76.20 and a 52-week high of $102.38. The firm has a 50-day moving average of $92.51 and a 200 day moving average of $91.93. The company has a market capitalization of $10.57 billion, a P/E ratio of 25.35 and a beta of 0.94.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its earnings results on Monday, July 17th. The transportation company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by $0.04. J.B. Hunt Transport Services had a net margin of 6.32% and a return on equity of 30.00%. The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the firm earned $0.92 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. Equities analysts predict that J.B. Hunt Transport Services, Inc. will post $3.88 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Monday, August 7th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Thursday, August 3rd. J.B. Hunt Transport Services’s dividend payout ratio is currently 24.08%.

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Several institutional investors have recently bought and sold shares of the stock. YorkBridge Wealth Partners LLC boosted its position in J.B. Hunt Transport Services by 6.6% in the second quarter. YorkBridge Wealth Partners LLC now owns 1,097 shares of the transportation company’s stock valued at $102,000 after buying an additional 68 shares in the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in J.B. Hunt Transport Services by 3.4% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,296 shares of the transportation company’s stock valued at $119,000 after buying an additional 43 shares in the last quarter. Farmers & Merchants Investments Inc. boosted its position in J.B. Hunt Transport Services by 1.4% in the second quarter. Farmers & Merchants Investments Inc. now owns 1,420 shares of the transportation company’s stock valued at $130,000 after buying an additional 20 shares in the last quarter. Van ECK Associates Corp boosted its position in J.B. Hunt Transport Services by 6.9% in the first quarter. Van ECK Associates Corp now owns 1,468 shares of the transportation company’s stock valued at $135,000 after buying an additional 95 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC boosted its position in J.B. Hunt Transport Services by 3.1% in the second quarter. Paradigm Asset Management Co. LLC now owns 1,650 shares of the transportation company’s stock valued at $151,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 73.14% of the company’s stock.

Several equities research analysts recently issued reports on the stock. BidaskClub upgraded shares of J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a report on Thursday. Zacks Investment Research upgraded shares of J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Stifel Nicolaus restated a “hold” rating and issued a $91.00 target price on shares of J.B. Hunt Transport Services in a report on Sunday, July 23rd. Loop Capital restated a “buy” rating and issued a $103.00 target price (down previously from $105.00) on shares of J.B. Hunt Transport Services in a report on Saturday, July 22nd. Finally, Wells Fargo & Company restated an “outperform” rating and issued a $105.00 target price (up previously from $100.00) on shares of J.B. Hunt Transport Services in a report on Tuesday, July 18th. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $98.73.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.

Insider Buying and Selling by Quarter for J.B. Hunt Transport Services (NASDAQ:JBHT)

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