Aperio Group LLC Has $2.48 Million Holdings in J.B. Hunt Transport Services, Inc. (JBHT)

Aperio Group LLC lowered its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 5.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,329 shares of the transportation company’s stock after selling 1,201 shares during the period. Aperio Group LLC’s holdings in J.B. Hunt Transport Services were worth $2,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in J.B. Hunt Transport Services by 1.9% in the second quarter. Vanguard Group Inc. now owns 9,568,454 shares of the transportation company’s stock worth $874,366,000 after purchasing an additional 174,616 shares during the last quarter. Atlanta Capital Management Co. L L C lifted its stake in J.B. Hunt Transport Services by 15.4% in the second quarter. Atlanta Capital Management Co. L L C now owns 3,568,728 shares of the transportation company’s stock worth $326,110,000 after purchasing an additional 477,144 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in J.B. Hunt Transport Services by 25.0% in the second quarter. Bank of New York Mellon Corp now owns 2,655,290 shares of the transportation company’s stock worth $242,640,000 after purchasing an additional 531,089 shares during the last quarter. Bessemer Group Inc. lifted its stake in J.B. Hunt Transport Services by 0.9% in the second quarter. Bessemer Group Inc. now owns 2,087,101 shares of the transportation company’s stock worth $190,720,000 after purchasing an additional 18,900 shares during the last quarter. Finally, Sustainable Growth Advisers LP bought a new stake in J.B. Hunt Transport Services in the second quarter worth about $147,610,000. 71.91% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently weighed in on the stock. Wells Fargo & Company reaffirmed an “outperform” rating and set a $105.00 price target (up previously from $100.00) on shares of J.B. Hunt Transport Services in a research note on Tuesday, July 18th. BidaskClub downgraded shares of J.B. Hunt Transport Services from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Zacks Investment Research raised shares of J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Loop Capital reissued a “buy” rating and set a $103.00 price objective (down from $105.00) on shares of J.B. Hunt Transport Services in a report on Saturday, July 22nd. Finally, Cowen and Company reissued a “buy” rating and set a $102.00 price objective on shares of J.B. Hunt Transport Services in a report on Sunday, October 1st. Eight analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. J.B. Hunt Transport Services currently has an average rating of “Buy” and a consensus target price of $109.41.

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In other news, Director Earl Wayne Garrison sold 100,000 shares of the business’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $109.29, for a total transaction of $10,929,000.00. Following the completion of the sale, the director now owns 2,050,000 shares of the company’s stock, valued at $224,044,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Terrence D. Matthews sold 2,694 shares of the business’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $101.00, for a total transaction of $272,094.00. Following the sale, the executive vice president now directly owns 21,140 shares of the company’s stock, valued at approximately $2,135,140. The disclosure for this sale can be found here. Insiders have sold 1,119,424 shares of company stock valued at $110,920,966 in the last three months. Corporate insiders own 4.30% of the company’s stock.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) opened at $101.85 on Monday. The firm has a market cap of $11,178.23, a PE ratio of 27.68, a price-to-earnings-growth ratio of 2.08 and a beta of 1.05. J.B. Hunt Transport Services, Inc. has a 1 year low of $83.35 and a 1 year high of $111.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.48 and a quick ratio of 1.48.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings data on Friday, October 13th. The transportation company reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.05). The firm had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.82 billion. J.B. Hunt Transport Services had a return on equity of 28.90% and a net margin of 6.05%. The company’s revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the company posted $0.97 EPS. sell-side analysts expect that J.B. Hunt Transport Services, Inc. will post 3.77 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.23 per share. The ex-dividend date is Thursday, November 2nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.90%. J.B. Hunt Transport Services’s dividend payout ratio is currently 24.47%.

J.B. Hunt Transport Services Profile

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.

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Institutional Ownership by Quarter for J.B. Hunt Transport Services (NASDAQ:JBHT)

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