Janus Henderson Group PLC Has $765.86 Million Stock Holdings in J.B. Hunt Transport Services, Inc. $JBHT

Janus Henderson Group PLC boosted its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,940,833 shares of the transportation company’s stock after purchasing an additional 84,149 shares during the period. Janus Henderson Group PLC’s holdings in J.B. Hunt Transport Services were worth $765,862,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. International Assets Investment Management LLC acquired a new stake in shares of J.B. Hunt Transport Services in the fourth quarter valued at approximately $32,000. Whittier Trust Co. increased its holdings in shares of J.B. Hunt Transport Services by 39.1% during the 4th quarter. Whittier Trust Co. now owns 178 shares of the transportation company’s stock worth $37,000 after acquiring an additional 50 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in J.B. Hunt Transport Services by 34.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 188 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 48 shares during the period. Activest Wealth Management raised its stake in J.B. Hunt Transport Services by 19,800.0% in the 4th quarter. Activest Wealth Management now owns 199 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 198 shares during the period. Finally, CYBER HORNET ETFs LLC bought a new stake in J.B. Hunt Transport Services in the 2nd quarter valued at $31,000. 74.95% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other J.B. Hunt Transport Services news, EVP Brian Webb sold 1,500 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $284.01, for a total transaction of $426,015.00. Following the transaction, the executive vice president owned 15,881 shares in the company, valued at $4,510,362.81. This trade represents a 8.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Spencer Frazier sold 2,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $258.20, for a total value of $516,400.00. Following the transaction, the executive vice president owned 4,604 shares in the company, valued at approximately $1,188,752.80. This trade represents a 30.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 18,119 shares of company stock worth $4,736,095. 2.50% of the stock is currently owned by insiders.

J.B. Hunt Transport Services Stock Performance

JBHT opened at $267.24 on Thursday. The business has a fifty day simple moving average of $256.66 and a 200 day simple moving average of $225.02. The company has a market capitalization of $25.20 billion, a PE ratio of 41.37, a price-to-earnings-growth ratio of 2.08 and a beta of 1.30. J.B. Hunt Transport Services, Inc. has a 1 year low of $130.12 and a 1 year high of $293.54. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 1.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings results on Wednesday, April 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.04. The business had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.01 billion. J.B. Hunt Transport Services had a return on equity of 17.30% and a net margin of 5.13%.The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.17 EPS. Research analysts expect that J.B. Hunt Transport Services, Inc. will post 7.27 EPS for the current year.

J.B. Hunt Transport Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, May 8th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is 27.86%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on JBHT shares. UBS Group increased their price target on J.B. Hunt Transport Services from $216.00 to $221.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. Citigroup increased their price target on J.B. Hunt Transport Services from $228.00 to $236.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. Susquehanna increased their price target on J.B. Hunt Transport Services from $250.00 to $290.00 and gave the company a “positive” rating in a research note on Wednesday, April 22nd. Truist Financial increased their price target on J.B. Hunt Transport Services from $205.00 to $230.00 and gave the company a “hold” rating in a research note on Thursday, April 16th. Finally, Robert W. Baird increased their price target on J.B. Hunt Transport Services from $275.00 to $290.00 and gave the company an “outperform” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, J.B. Hunt Transport Services presently has a consensus rating of “Moderate Buy” and an average price target of $236.17.

J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.

In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.