Vontobel Holding Ltd. Has $317,000 Stock Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Vontobel Holding Ltd. decreased its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 5.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,837 shares of the transportation company’s stock after selling 104 shares during the quarter. Vontobel Holding Ltd.’s holdings in J.B. Hunt Transport Services were worth $317,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of JBHT. Silvercrest Asset Management Group LLC lifted its position in J.B. Hunt Transport Services by 24.5% in the 1st quarter. Silvercrest Asset Management Group LLC now owns 29,302 shares of the transportation company’s stock worth $5,838,000 after buying an additional 5,767 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of J.B. Hunt Transport Services by 0.3% during 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 buying an additional 25,109 shares during the last quarter. Jennison Associates LLC grew 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 buying an additional 19,987 shares in the last quarter. CWM LLC increased its holdings in J.B. Hunt Transport Services by 119.5% in the third quarter. CWM LLC now owns 7,858 shares of the transportation company’s stock worth $1,354,000 after buying an additional 4,278 shares during the last quarter. Finally, FORA Capital LLC raised its position in J.B. Hunt Transport Services by 215.2% during the first quarter. FORA Capital LLC now owns 14,867 shares of the transportation company’s stock valued at $2,962,000 after acquiring an additional 10,150 shares in the last quarter. 74.95% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at J.B. Hunt Transport Services

In related news, EVP Darren P. Field sold 3,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $175.03, for a total value of $525,090.00. Following the sale, the executive vice president now owns 14,150 shares of the company’s stock, valued at $2,476,674.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on JBHT shares. Benchmark restated a “buy” rating and set a $185.00 price target on shares of J.B. Hunt Transport Services in a research note on Wednesday, October 16th. Loop Capital raised their target price on J.B. Hunt Transport Services from $173.00 to $187.00 and gave the company a “hold” rating in a report on Thursday, October 17th. Stifel Nicolaus upped their price target on J.B. Hunt Transport Services from $151.00 to $167.00 and gave the stock a “hold” rating in a research note on Wednesday, October 16th. Evercore ISI increased their price objective on J.B. Hunt Transport Services from $183.00 to $185.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Finally, The Goldman Sachs Group reduced their target price on J.B. Hunt Transport Services from $193.00 to $189.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.56.

J.B. Hunt Transport Services Trading Down 1.1 %

Shares of JBHT opened at $175.62 on Wednesday. The stock’s 50-day moving average price is $171.04 and its 200 day moving average price is $167.17. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $18.12 billion, a price-to-earnings ratio of 27.88, a P/E/G ratio of 2.84 and a beta of 1.15. 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 released its quarterly earnings data on Tuesday, October 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.07. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.04 billion. J.B. Hunt Transport Services had a return on equity of 14.77% and a net margin of 4.90%. During the same period in the previous year, the business posted $1.80 earnings per share. As a group, research analysts predict that J.B. Hunt Transport Services, Inc. will post 5.6 earnings per share for the current year.

J.B. Hunt Transport Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, November 8th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Friday, November 8th. J.B. Hunt Transport Services’s dividend payout ratio is 27.30%.

J.B. Hunt Transport Services Profile

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.