Fuller & Thaler Asset Management Inc. Has $154,000 Stake in J.B. Hunt Transport Services, Inc. (JBHT)

Fuller & Thaler Asset Management Inc. increased its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 137.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,900 shares of the company’s stock after buying an additional 1,100 shares during the period. Fuller & Thaler Asset Management Inc.’s holdings in J.B. Hunt Transport Services were worth $154,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in JBHT. Capital Research Global Investors increased its position in shares of J.B. Hunt Transport Services by 10.7% in the third quarter. Capital Research Global Investors now owns 2,528,041 shares of the company’s stock worth $205,125,000 after buying an additional 244,338 shares in the last quarter. D. E. Shaw & Co. Inc. increased its position in shares of J.B. Hunt Transport Services by 27.3% in the third quarter. D. E. Shaw & Co. Inc. now owns 249,435 shares of the company’s stock worth $20,240,000 after buying an additional 53,431 shares in the last quarter. Gotham Asset Management LLC increased its position in shares of J.B. Hunt Transport Services by 1.3% in the third quarter. Gotham Asset Management LLC now owns 131,620 shares of the company’s stock worth $10,680,000 after buying an additional 1,643 shares in the last quarter. Force Capital Management LLC bought a new position in shares of J.B. Hunt Transport Services during the third quarter worth approximately $1,087,000. Finally, Lazard Asset Management LLC increased its position in shares of J.B. Hunt Transport Services by 14.2% in the third quarter. Lazard Asset Management LLC now owns 15,513 shares of the company’s stock worth $1,258,000 after buying an additional 1,934 shares in the last quarter. 72.74% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for J.B. Hunt Transport Services (NASDAQ:JBHT)

Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) traded up 1.57% on Friday, reaching $100.37. The company had a trading volume of 561,008 shares. J.B. Hunt Transport Services, Inc. has a 12 month low of $73.89 and a 12 month high of $102.38. The company has a market capitalization of $11.17 billion, a price-to-earnings ratio of 26.34 and a beta of 0.81. The stock has a 50 day moving average price of $97.84 and a 200-day moving average price of $88.08.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its earnings results on Thursday, January 19th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. J.B. Hunt Transport Services had a return on equity of 30.96% and a net margin of 6.60%. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter last year, the business posted $1.01 EPS. J.B. Hunt Transport Services’s quarterly revenue was up 6.0% compared to the same quarter last year. Analysts forecast that J.B. Hunt Transport Services, Inc. will post $4.16 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 24th. Shareholders of record on Friday, February 10th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Wednesday, February 8th. This is an increase from J.B. Hunt Transport Services’s previous quarterly dividend of $0.22. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 24.08%.

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JBHT has been the subject of several recent analyst reports. Loop Capital initiated coverage on J.B. Hunt Transport Services in a research note on Tuesday, November 22nd. They set a “buy” rating and a $100.00 target price for the company. Barclays PLC cut J.B. Hunt Transport Services from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $90.00 to $97.00 in a research note on Monday, January 9th. Zacks Investment Research upgraded J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a research note on Thursday, October 20th. Deutsche Bank AG initiated coverage on J.B. Hunt Transport Services in a research note on Wednesday, November 2nd. They set a “hold” rating and a $85.00 target price for the company. Finally, Robert W. Baird restated a “neutral” rating and set a $85.00 target price on shares of J.B. Hunt Transport Services in a research note on Friday, October 21st. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. J.B. Hunt Transport Services has an average rating of “Buy” and a consensus target price of $94.06.

In related news, insider John N. Roberts sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, December 9th. The stock was sold at an average price of $101.57, for a total value of $1,523,550.00. Following the sale, the insider now owns 240,010 shares of the company’s stock, valued at approximately $24,377,815.70. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO David G. Mee sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, December 9th. The stock was sold at an average price of $100.32, for a total value of $702,240.00. Following the completion of the sale, the chief financial officer now directly owns 113,000 shares in the company, valued at approximately $11,336,160. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 32,000 shares of company stock worth $3,191,990. 4.50% of the stock is currently owned by company insiders.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a holding company. The Company is a surface transportation, delivery, and logistics company in North America. The Company, through its subsidiaries, provides transportation and delivery services to various customers and consumers throughout the continental United States, Canada and Mexico.

5 Day Chart for NASDAQ:JBHT

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