Versant Capital Management Inc Has $48,000 Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Versant Capital Management Inc raised its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 102.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 281 shares of the transportation company’s stock after purchasing an additional 142 shares during the quarter. Versant Capital Management Inc’s holdings in J.B. Hunt Transport Services were worth $48,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Janus Henderson Group PLC boosted its holdings in J.B. Hunt Transport Services by 0.7% during the third quarter. Janus Henderson Group PLC now owns 3,374,724 shares of the transportation company’s stock valued at $581,567,000 after purchasing an additional 22,563 shares in the last quarter. State Street Corp increased its holdings in shares of J.B. Hunt Transport Services by 0.6% during the third quarter. State Street Corp now owns 3,289,874 shares of the transportation company’s stock worth $566,944,000 after buying an additional 19,826 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of J.B. Hunt Transport Services by 6.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,685,068 shares of the transportation company’s stock valued at $269,611,000 after acquiring an additional 105,500 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of J.B. Hunt Transport Services by 0.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,446,351 shares of the transportation company’s stock worth $231,416,000 after acquiring an additional 5,179 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in J.B. Hunt Transport Services by 25.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 953,749 shares of the transportation company’s stock worth $152,589,000 after acquiring an additional 193,684 shares during the last quarter. Institutional investors and hedge funds own 74.95% of the company’s stock.

Insider Transactions at J.B. Hunt Transport Services

In related news, CEO Shelley Simpson sold 6,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $183.47, for a total value of $1,100,820.00. Following the completion of the transaction, the chief executive officer now directly owns 82,264 shares of the company’s stock, valued at approximately $15,092,976.08. This trade represents a 6.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Eric Mcgee sold 145 shares of the business’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $182.72, for a total transaction of $26,494.40. Following the transaction, the executive vice president now owns 700 shares in the company, valued at approximately $127,904. The trade was a 17.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,459 shares of company stock valued at $2,136,277 over the last 90 days. 2.10% of the stock is owned by corporate insiders.

J.B. Hunt Transport Services Stock Up 0.3 %

Shares of JBHT stock opened at $176.40 on Tuesday. The company has a market capitalization of $17.79 billion, a price-to-earnings ratio of 32.07, a P/E/G ratio of 2.86 and a beta of 1.16. J.B. Hunt Transport Services, Inc. has a 12-month low of $153.12 and a 12-month high of $219.51. The firm has a fifty day moving average of $181.10 and a 200-day moving average of $172.71. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings results on Tuesday, October 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.07. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.04 billion. J.B. Hunt Transport Services had a return on equity of 13.92% and a net margin of 4.65%. During the same quarter last year, the business posted $1.80 EPS. As a group, equities research analysts predict that J.B. Hunt Transport Services, Inc. will post 5.7 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a $0.43 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.98%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 31.27%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Stephens restated an “overweight” rating and set a $195.00 target price on shares of J.B. Hunt Transport Services in a report on Wednesday, October 16th. Citigroup upped their target price on shares of J.B. Hunt Transport Services from $204.00 to $227.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Susquehanna raised J.B. Hunt Transport Services from a “neutral” rating to a “positive” rating and set a $200.00 price objective on the stock in a report on Friday. Evercore ISI upped their price target on J.B. Hunt Transport Services from $183.00 to $185.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Finally, TD Cowen lifted their price objective on J.B. Hunt Transport Services from $160.00 to $182.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, J.B. Hunt Transport Services presently has an average rating of “Moderate Buy” and an average target price of $192.06.

J.B. Hunt Transport Services Company 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.