Financial Partners Group LLC Has $1.55 Million Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Financial Partners Group LLC trimmed its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 3.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,067 shares of the transportation company’s stock after selling 347 shares during the period. Financial Partners Group LLC’s holdings in J.B. Hunt Transport Services were worth $1,547,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of JBHT. Catalyst Capital Advisors LLC bought a new position in shares of J.B. Hunt Transport Services in the third quarter valued at about $26,000. True Wealth Design LLC raised its stake in shares of J.B. Hunt Transport Services by 2,028.6% in the third quarter. True Wealth Design LLC now owns 149 shares of the transportation company’s stock worth $26,000 after acquiring an additional 142 shares during the last quarter. Cromwell Holdings LLC lifted its position in shares of J.B. Hunt Transport Services by 47.2% during the third quarter. Cromwell Holdings LLC now owns 237 shares of the transportation company’s stock worth $41,000 after purchasing an additional 76 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of J.B. Hunt Transport Services by 102.2% during the fourth quarter. Versant Capital Management Inc now owns 281 shares of the transportation company’s stock valued at $48,000 after purchasing an additional 142 shares during the last quarter. Finally, Huntington National Bank increased its holdings in shares of J.B. Hunt Transport Services by 21.8% in the third quarter. Huntington National Bank now owns 341 shares of the transportation company’s stock valued at $59,000 after purchasing an additional 61 shares in the last quarter. Institutional investors own 74.95% of the company’s stock.

Insiders Place Their Bets

In other J.B. Hunt Transport Services news, EVP Spencer Frazier sold 2,200 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $194.21, for a total transaction of $427,262.00. Following the transaction, the executive vice president now owns 4,050 shares of the company’s stock, valued at $786,550.50. The trade was a 35.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Darren P. Field sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $183.50, for a total value of $275,250.00. Following the completion of the sale, the executive vice president now directly owns 12,650 shares of the company’s stock, valued at approximately $2,321,275. The trade was a 10.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,859 shares of company stock valued at $2,907,905. 2.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

JBHT has been the topic of a number of recent research reports. Stephens reiterated an “overweight” rating and issued a $205.00 price objective on shares of J.B. Hunt Transport Services in a research report on Friday, January 17th. JPMorgan Chase & Co. decreased their price target on J.B. Hunt Transport Services from $205.00 to $200.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. BMO Capital Markets reissued an “outperform” rating and set a $195.00 price objective on shares of J.B. Hunt Transport Services in a report on Wednesday, October 16th. Raymond James cut their target price on shares of J.B. Hunt Transport Services from $200.00 to $190.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Bank of America lifted their price target on shares of J.B. Hunt Transport Services from $195.00 to $206.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $191.11.

J.B. Hunt Transport Services Trading Down 2.6 %

J.B. Hunt Transport Services stock opened at $170.28 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 0.94. The firm has a 50-day moving average of $178.65 and a 200-day moving average of $174.25. The company has a market cap of $17.17 billion, a price-to-earnings ratio of 30.63, a P/E/G ratio of 1.61 and a beta of 1.16. J.B. Hunt Transport Services, Inc. has a one year low of $153.12 and a one year high of $219.51.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings results on Thursday, January 16th. The transportation company reported $1.53 earnings per share for the quarter, missing the consensus estimate of $1.62 by ($0.09). The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.13 billion. J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. The firm’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period last year, the firm earned $1.47 EPS. On average, equities analysts expect that J.B. Hunt Transport Services, Inc. will post 6.62 earnings per share for the current fiscal year.

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.