J. Safra Sarasin Holding AG Has $492,000 Stock Holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

J. Safra Sarasin Holding AG grew its stake in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 78.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 3,328 shares of the transportation company’s stock after buying an additional 1,465 shares during the period. J. Safra Sarasin Holding AG’s holdings in J.B. Hunt Transport Services were worth $492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Demars Financial Group LLC grew its stake in shares of J.B. Hunt Transport Services by 16,964.6% in the 4th quarter. Demars Financial Group LLC now owns 610,059 shares of the transportation company’s stock valued at $104,113,000 after purchasing an additional 606,484 shares during the period. Worldquant Millennium Advisors LLC lifted its holdings in J.B. Hunt Transport Services by 2,408.1% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 213,888 shares of the transportation company’s stock worth $36,502,000 after buying an additional 205,360 shares in the last quarter. Point72 Asset Management L.P. lifted its stake in shares of J.B. Hunt Transport Services by 194.0% during the fourth quarter. Point72 Asset Management L.P. now owns 258,467 shares of the transportation company’s stock valued at $44,110,000 after acquiring an additional 170,561 shares during the period. GAMMA Investing LLC grew its position in shares of J.B. Hunt Transport Services by 13,668.1% during the 1st quarter. GAMMA Investing LLC now owns 140,848 shares of the transportation company’s stock worth $208,380,000 after buying an additional 139,825 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in J.B. Hunt Transport Services by 10.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,181,027 shares of the transportation company’s stock worth $201,555,000 after acquiring an additional 108,933 shares during the period. 74.95% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. TD Cowen reduced their price objective on shares of J.B. Hunt Transport Services from $160.00 to $140.00 and set a “hold” rating on the stock in a research note on Wednesday, April 16th. Susquehanna boosted their target price on J.B. Hunt Transport Services from $155.00 to $157.00 and gave the company a “neutral” rating in a research note on Wednesday, July 16th. Stifel Nicolaus reduced their price objective on shares of J.B. Hunt Transport Services from $150.00 to $145.00 and set a “hold” rating for the company in a research note on Wednesday, July 16th. Raymond James Financial raised their target price on shares of J.B. Hunt Transport Services from $155.00 to $165.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Finally, JPMorgan Chase & Co. boosted their price target on J.B. Hunt Transport Services from $159.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 16th. Ten research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $164.90.

J.B. Hunt Transport Services Price Performance

JBHT stock opened at $142.06 on Tuesday. The company has a market capitalization of $13.75 billion, a P/E ratio of 25.83, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. J.B. Hunt Transport Services, Inc. has a 52-week low of $122.79 and a 52-week high of $200.40. The business has a 50-day simple moving average of $145.23 and a two-hundred day simple moving average of $148.62. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.87 and a current ratio of 0.87.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Tuesday, July 15th. The transportation company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.03). The company had revenue of $2.93 billion for the quarter, compared to analysts’ expectations of $2.93 billion. J.B. Hunt Transport Services had a net margin of 4.59% and a return on equity of 14.26%. The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.32 EPS. Research analysts expect that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 8th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 8th. J.B. Hunt Transport Services’s dividend payout ratio is presently 32.00%.

Insider Transactions at J.B. Hunt Transport Services

In other news, EVP David Keefauver sold 989 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $151.97, for a total value of $150,298.33. Following the transaction, the executive vice president owned 946 shares in the company, valued at $143,763.62. The trade was a 51.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.30% of the company’s stock.

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.