November 30, 2016 - By Richard Conner · 0 Comments
Hunt J B Transport Services Inc (NASDAQ:JBHT) institutional sentiment decreased to 1.09 in 2016 Q2. Its down -0.18, from 1.27 in 2016Q1. The ratio fall, as 189 investment professionals increased or started new positions, while 149 sold and reduced their holdings in Hunt J B Transport Services Inc. The investment professionals in our partner’s database now hold: 79.03 million shares, down from 81.28 million shares in 2016Q1. Also, the number of investment professionals holding Hunt J B Transport Services Inc in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 31 Reduced: 118 Increased: 142 New Position: 47.
J.B. Hunt Transport Services, Inc. is a holding company. The company has a market cap of $10.40 billion. The Firm is a surface transportation, delivery, and logistics firm in North America. It has a 24.73 P/E ratio. The Company, through its subsidiaries, provides transportation and delivery services to various clients and clients throughout the continental United States, Canada and Mexico.
The stock increased 0.43% or $0.4 during the last trading session, hitting $93.52. J B Hunt Transport Services Inc (NASDAQ:JBHT) has risen 8.40% since April 27, 2016 and is uptrending. It has outperformed by 3.18% the S&P500.
Analysts await J B Hunt Transport Services Inc (NASDAQ:JBHT) to report earnings on January, 19. They expect $1.00 earnings per share, down 0.99% or $0.01 from last year’s $1.01 per share. JBHT’s profit will be $111.21 million for 23.38 P/E if the $1.00 EPS becomes a reality. After $0.97 actual earnings per share reported by J B Hunt Transport Services Inc for the previous quarter, Wall Street now forecasts 3.09% EPS growth.
According to Zacks Investment Research, “J.B. Hunt Transport Services, Inc., together with its wholly-owned subsidiaries, is a diversified transportation services and logistics company. Through its subsidiaries the company transports primarily full-load containerizable freight throughout the continental United States and portions of Canada and Mexico. The company also manages or provides logistics and transportation-related services which may utilize the company’s own equipment and employees, or may employ equipment and services provided by unrelated third parties.”
Sib Llc holds 9.53% of its portfolio in J B Hunt Transport Services Inc for 137,748 shares. Park Presidio Capital Llc owns 391,300 shares or 4.95% of their US portfolio. Moreover, Horrell Capital Management Inc. has 2.32% invested in the company for 44,262 shares. The Massachusetts-based Congress Asset Management Co Ma has invested 1.93% in the stock. Greenwood Gearhart Inc, a Arkansas-based fund reported 53,526 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 13 insider sales for $27.50 million net activity.
Ratings analysis reveals 73% of JB Hunt Trans’s analysts are positive. Out of 15 Wall Street analysts rating JB Hunt Trans, 11 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $77 while the high is $96. The stock’s average target of $85.70 is -8.36% below today’s ($93.52) share price. JBHT was included in 27 notes of analysts from August 6, 2015. UBS initiated J B Hunt Transport Services Inc (NASDAQ:JBHT) on Friday, October 9 with “Neutral” rating. The rating was initiated by Loop Capital on Wednesday, November 16 with “Buy”. The firm has “Hold” rating given on Monday, October 12 by Deutsche Bank. The stock of J B Hunt Transport Services Inc (NASDAQ:JBHT) earned “Buy” rating by BB&T Capital on Monday, January 25. The rating was maintained by Barclays Capital on Monday, October 5 with “Overweight”. The rating was downgraded by Vetr to “Strong-Buy” on Wednesday, August 12. The rating was maintained by Credit Suisse on Tuesday, April 19 with “Outperform”. On Monday, February 22 the stock rating was maintained by Bank of America with “Buy”. The stock of J B Hunt Transport Services Inc (NASDAQ:JBHT) earned “Outperform” rating by Cowen & Co on Thursday, October 15. BMO Capital Markets downgraded J B Hunt Transport Services Inc (NASDAQ:JBHT) on Tuesday, March 29 to “Market Perform” rating.
J.B. Hunt Transport Services, Inc., incorporated on August 10, 1961, is a holding company. The Firm is a surface transportation, delivery, and logistics firm in North America. The Company, through its subsidiaries, provides transportation and delivery services to various clients and clients throughout the continental United States, Canada and Mexico. The Firm operates through four divisions: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company’s service offerings include transportation of full truckload containerized freight, customized freight movement, revenue equipment, labor, systems and delivery services.
More important recent J B Hunt Transport Services Inc (NASDAQ:JBHT) news were published by: Nasdaq.com which released: “J.B. Hunt Transport Services Reaches Analyst Target Price” on November 15, 2016, also Businesswire.com published article titled: “EPA Recognizes J.B. Hunt Transport Services, Inc. with 2016 Environmental …”, 247Wallst.com published: “JB Hunt Posts Disappointing Earnings” on October 17, 2016. More interesting news about J B Hunt Transport Services Inc (NASDAQ:JBHT) was released by: Wsj.com and their article: “Trucker JB Hunt Will Add to Fleet in 2017” with publication date: November 08, 2016.
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By Richard Conner