J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) EVP Terrence D. Matthews sold 2,694 shares of the stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $101.00, for a total value of $272,094.00. Following the completion of the transaction, the executive vice president now directly owns 21,140 shares in the company, valued at approximately $2,135,140. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of J.B. Hunt Transport Services, Inc. (NASDAQ JBHT) opened at 101.59 on Wednesday. J.B. Hunt Transport Services, Inc. has a 52-week low of $76.20 and a 52-week high of $102.99. The stock’s 50 day moving average price is $95.43 and its 200-day moving average price is $91.79. The firm has a market cap of $11.12 billion, a price-to-earnings ratio of 26.65 and a beta of 0.93.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Stockholders of record on Monday, August 7th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date was Thursday, August 3rd. J.B. Hunt Transport Services’s dividend payout ratio is 24.08%.

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Several equities analysts have weighed in on the company. BidaskClub lowered J.B. Hunt Transport Services from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Stifel Nicolaus set a $91.00 target price on J.B. Hunt Transport Services and gave the company a “hold” rating in a research note on Wednesday, August 23rd. Zacks Investment Research raised J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. J P Morgan Chase & Co assumed coverage on J.B. Hunt Transport Services in a research note on Tuesday, May 23rd. They issued an “overweight” rating and a $107.00 target price on the stock. Finally, Cowen and Company reissued a “buy” rating and issued a $102.00 target price on shares of J.B. Hunt Transport Services in a research note on Friday, August 25th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $98.80.

Large investors have recently made changes to their positions in the company. YorkBridge Wealth Partners LLC lifted its stake in shares of J.B. Hunt Transport Services by 6.6% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,097 shares of the transportation company’s stock valued at $102,000 after purchasing an additional 68 shares during the period. Bronfman E.L. Rothschild L.P. lifted its stake in shares of J.B. Hunt Transport Services by 3.4% in the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 1,296 shares of the transportation company’s stock valued at $119,000 after purchasing an additional 43 shares during the period. Farmers & Merchants Investments Inc. lifted its stake in shares of J.B. Hunt Transport Services by 1.4% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 1,420 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 20 shares during the period. Van ECK Associates Corp lifted its stake in shares of J.B. Hunt Transport Services by 6.9% in the 1st quarter. Van ECK Associates Corp now owns 1,468 shares of the transportation company’s stock valued at $135,000 after purchasing an additional 95 shares during the period. Finally, Paradigm Asset Management Co. LLC lifted its stake in shares of J.B. Hunt Transport Services by 3.1% in the 2nd quarter. Paradigm Asset Management Co. LLC now owns 1,650 shares of the transportation company’s stock valued at $151,000 after purchasing an additional 50 shares during the period. 71.60% of the stock is currently owned by institutional investors.

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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