American Century Companies Inc. Has $125.35 Million Position in J B Hunt Transport Services Inc (JBHT)

American Century Companies Inc. cut its position in shares of J B Hunt Transport Services Inc (NASDAQ:JBHT) by 0.5% in the 3rd quarter, Holdings Channel reports. The fund owned 1,053,924 shares of the transportation company’s stock after selling 4,996 shares during the period. American Century Companies Inc.’s holdings in J B Hunt Transport Services were worth $125,354,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its stake in J B Hunt Transport Services by 186.8% during the second quarter. Tower Research Capital LLC TRC now owns 915 shares of the transportation company’s stock worth $111,000 after acquiring an additional 596 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new stake in J B Hunt Transport Services during the second quarter worth about $118,000. Townsend & Associates Inc acquired a new stake in J B Hunt Transport Services during the third quarter worth about $140,000. Edge Wealth Management LLC acquired a new stake in J B Hunt Transport Services during the second quarter worth about $148,000. Finally, LeJeune Puetz Investment Counsel LLC acquired a new stake in J B Hunt Transport Services during the second quarter worth about $167,000. Institutional investors own 73.79% of the company’s stock.

Shares of JBHT opened at $106.72 on Friday. The stock has a market capitalization of $11.88 billion, a P/E ratio of 28.53, a price-to-earnings-growth ratio of 1.68 and a beta of 0.95. J B Hunt Transport Services Inc has a one year low of $100.78 and a one year high of $131.74. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.39.

J B Hunt Transport Services (NASDAQ:JBHT) last released its earnings results on Monday, October 15th. The transportation company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.07. J B Hunt Transport Services had a return on equity of 27.71% and a net margin of 9.49%. The company had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter last year, the business posted $0.91 EPS. J B Hunt Transport Services’s quarterly revenue was up 19.9% compared to the same quarter last year. On average, research analysts anticipate that J B Hunt Transport Services Inc will post 5.41 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 16th. Shareholders of record on Friday, November 9th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date is Thursday, November 8th. J B Hunt Transport Services’s dividend payout ratio is presently 25.67%.

JBHT has been the subject of several research analyst reports. BidaskClub upgraded J B Hunt Transport Services from a “sell” rating to a “hold” rating in a research note on Wednesday, September 12th. Edward Jones lowered J B Hunt Transport Services from a “buy” rating to a “hold” rating in a research note on Friday, September 28th. Deutsche Bank lowered their target price on J B Hunt Transport Services from $138.00 to $134.00 and set a “buy” rating for the company in a research note on Thursday, September 27th. Zacks Investment Research upgraded J B Hunt Transport Services from a “hold” rating to a “buy” rating and set a $137.00 target price for the company in a research note on Tuesday, September 18th. Finally, Loop Capital lowered their target price on J B Hunt Transport Services to $143.00 and set a “buy” rating for the company in a research note on Wednesday, October 10th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company’s stock. J B Hunt Transport Services currently has a consensus rating of “Hold” and an average price target of $128.53.

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J B Hunt Transport Services Company 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 through four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT).

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

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