Nomura Holdings Inc. Has $1.08 Million Position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Nomura Holdings Inc. lifted its holdings in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 61.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,309 shares of the transportation company’s stock after purchasing an additional 2,412 shares during the quarter. Nomura Holdings Inc.’s holdings in J.B. Hunt Transport Services were worth $1,077,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Wellington Management Group LLP lifted its stake in J.B. Hunt Transport Services by 428.4% in the 4th quarter. Wellington Management Group LLP now owns 1,263,391 shares of the transportation company’s stock valued at $215,610,000 after acquiring an additional 1,024,295 shares in the last quarter. Norges Bank bought a new stake in J.B. Hunt Transport Services in the 4th quarter valued at approximately $146,618,000. Demars Financial Group LLC lifted its stake in 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 acquiring an additional 606,484 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in J.B. Hunt Transport Services by 111.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 956,504 shares of the transportation company’s stock valued at $163,237,000 after acquiring an additional 503,324 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in J.B. Hunt Transport Services by 10.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,181,027 shares of the transportation company’s stock valued at $201,555,000 after acquiring an additional 108,933 shares in the last quarter. Institutional investors and hedge funds own 74.95% of the company’s stock.

J.B. Hunt Transport Services Stock Performance

NASDAQ:JBHT opened at $148.05 on Monday. The stock has a fifty day moving average price of $139.52 and a 200-day moving average price of $162.75. The company has a market cap of $14.69 billion, a price-to-earnings ratio of 26.63, a PEG ratio of 1.61 and a beta of 1.33. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.94 and a current ratio of 1.03. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $122.79 and a fifty-two week high of $200.40.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its earnings results on Tuesday, April 15th. The transportation company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.02. J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.92 billion. As a group, equities analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current fiscal year.

J.B. Hunt Transport Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a $1.76 annualized dividend and a dividend yield of 1.19%. J.B. Hunt Transport Services’s dividend payout ratio is currently 31.94%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. JPMorgan Chase & Co. cut their target price on J.B. Hunt Transport Services from $167.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. TD Cowen lowered their price target on J.B. Hunt Transport Services from $160.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, April 16th. Bank of America boosted their price target on J.B. Hunt Transport Services from $150.00 to $166.00 and gave the stock a “buy” rating in a research report on Friday. Stephens lowered their price target on J.B. Hunt Transport Services from $170.00 to $165.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Finally, Sanford C. Bernstein set a $148.00 price target on J.B. Hunt Transport Services and gave the stock a “market perform” rating in a research report on Wednesday, April 16th. Nine analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $162.00.

Insider Buying and Selling

In other J.B. Hunt Transport Services news, EVP Darren P. Field sold 1,200 shares of the stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $161.67, for a total value of $194,004.00. Following the completion of the transaction, the executive vice president now directly owns 17,822 shares in the company, valued at approximately $2,881,282.74. This trade represents a 6.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Nicholas Hobbs bought 1,529 shares of the company’s stock in a transaction on Wednesday, April 23rd. The stock was purchased at an average price of $130.75 per share, with a total value of $199,916.75. Following the completion of the transaction, the chief operating officer now directly owns 91,847 shares of the company’s stock, valued at approximately $12,008,995.25. The trade was a 1.69% increase in their position. The disclosure for this purchase can be found here. 2.30% of the stock is owned by corporate insiders.

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.