NumerixS Investment Technologies Inc Purchases Shares of 4,850 J B Hunt Transport Services Inc (NASDAQ:JBHT)

NumerixS Investment Technologies Inc acquired a new position in J B Hunt Transport Services Inc (NASDAQ:JBHT) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,850 shares of the transportation company’s stock, valued at approximately $490,000.

A number of other large investors have also recently bought and sold shares of the stock. Swiss National Bank raised its holdings in J B Hunt Transport Services by 2.4% in the 1st quarter. Swiss National Bank now owns 291,158 shares of the transportation company’s stock worth $29,491,000 after purchasing an additional 6,900 shares in the last quarter. Norinchukin Bank The grew its position in shares of J B Hunt Transport Services by 3.0% in the 1st quarter. Norinchukin Bank The now owns 16,798 shares of the transportation company’s stock worth $1,701,000 after buying an additional 494 shares during the period. Twin Tree Management LP grew its position in shares of J B Hunt Transport Services by 86.9% in the 1st quarter. Twin Tree Management LP now owns 6,066 shares of the transportation company’s stock worth $614,000 after buying an additional 2,821 shares during the period. DekaBank Deutsche Girozentrale grew its position in shares of J B Hunt Transport Services by 63.1% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 20,666 shares of the transportation company’s stock worth $2,533,000 after buying an additional 7,993 shares during the period. Finally, Commonwealth Bank of Australia grew its position in shares of J B Hunt Transport Services by 9.3% in the 1st quarter. Commonwealth Bank of Australia now owns 9,368 shares of the transportation company’s stock worth $944,000 after buying an additional 800 shares during the period. Institutional investors own 72.94% of the company’s stock.

JBHT traded up $1.72 during trading on Friday, reaching $91.41. 740,965 shares of the company traded hands, compared to its average volume of 1,085,985. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.58. J B Hunt Transport Services Inc has a 12-month low of $83.64 and a 12-month high of $129.98. The business’s fifty day simple moving average is $90.40. The stock has a market capitalization of $9.61 billion, a P/E ratio of 16.12, a P/E/G ratio of 1.04 and a beta of 1.10.

J B Hunt Transport Services (NASDAQ:JBHT) last posted its earnings results on Monday, April 15th. The transportation company reported $1.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.16). J B Hunt Transport Services had a net margin of 5.61% and a return on equity of 29.84%. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.17 billion. During the same period last year, the business posted $1.07 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. On average, equities research analysts predict that J B Hunt Transport Services Inc will post 5.68 earnings per share for the current year.

A number of analysts have recently weighed in on the stock. BidaskClub downgraded shares of J B Hunt Transport Services from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 28th. Stifel Nicolaus dropped their price target on shares of J B Hunt Transport Services from $115.00 to $107.00 and set a “hold” rating on the stock in a report on Tuesday, April 16th. Barclays lowered their price objective on shares of J B Hunt Transport Services from $128.00 to $120.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 4th. Buckingham Research lowered their price objective on shares of J B Hunt Transport Services from $132.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, April 2nd. Finally, ValuEngine upgraded shares of J B Hunt Transport Services from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company. J B Hunt Transport Services has an average rating of “Hold” and an average price target of $110.39.

In other news, Director Gary Charles George acquired 5,000 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was bought at an average cost of $94.52 per share, with a total value of $472,600.00. Following the completion of the purchase, the director now directly owns 43,369 shares of the company’s stock, valued at $4,099,237.88. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John N. Roberts acquired 2,319 shares of the company’s stock in a transaction on Tuesday, May 28th. The shares were purchased at an average cost of $86.23 per share, with a total value of $199,967.37. Following the completion of the purchase, the insider now directly owns 288,739 shares of the company’s stock, valued at $24,897,963.97. The disclosure for this purchase can be found here. Company insiders own 3.60% of the company’s stock.

J B Hunt Transport Services Profile

J.B. Hunt Transport Services, Inc, together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT).

See Also: Options Trading

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

Receive News & Ratings for J B Hunt Transport Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J B Hunt Transport Services and related companies with MarketBeat.com's FREE daily email newsletter.