J B Hunt Transport Services Inc (JBHT) : Horrell Capital Management scooped up 1,026 additional shares in J B Hunt Transport Services Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 45,288 shares of J B Hunt Transport Services Inc which is valued at $3,767,962.J B Hunt Transport Services Inc makes up approximately 2.35% of Horrell Capital Management’s portfolio.
Other Hedge Funds, Including , Candriam Luxembourg S.c.a. reduced its stake in JBHT by selling 528 shares or 14.92% in the most recent quarter. The Hedge Fund company now holds 3,012 shares of JBHT which is valued at $250,598. J B Hunt Transport Services Inc makes up approx 0.01% of Candriam Luxembourg S.c.a.’s portfolio. Jfs Wealth Advisors sold out all of its stake in JBHT during the most recent quarter. The investment firm sold 9 shares of JBHT which is valued $749.Independent Portfolio Consultants boosted its stake in JBHT in the latest quarter, The investment management firm added 685 additional shares and now holds a total of 2,395 shares of J B Hunt Transport Services Inc which is valued at $194,642. J B Hunt Transport Services Inc makes up approx 0.06% of Independent Portfolio Consultants’s portfolio.Benjamin F. Edwards Company reduced its stake in JBHT by selling 1,393 shares or 90.45% in the most recent quarter. The Hedge Fund company now holds 147 shares of JBHT which is valued at $12,574.
J B Hunt Transport Services Inc closed down -0.04 points or -0.05% at $83.13 with 5,87,802 shares getting traded on Friday. Post opening the session at $82.82, the shares hit an intraday low of $82.36 and an intraday high of $83.64 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, J B Hunt Transport Services Inc reported $0.92 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Jul 18, 2016. Analyst had a consensus of $0.97. The company had revenue of $1620.00 million for the quarter, compared to analysts expectations of $1617.51 million. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS.
Investors should note that on Jul 21, 2016, J B Hunt Transport Services Inc announced a cash dividend of $0.2200. The company’s management has announced Aug 3, 2016 as the ex-dividend date and fixed the record date on Aug 5, 2016. The payable date has been fixed on Aug 19, 2016.
Many Wall Street Analysts have commented on J B Hunt Transport Services Inc. J B Hunt Transport Services Inc was Upgraded by Buckingham Research to ” Buy” on Jul 26, 2016. Shares were Reiterated by RBC Capital Mkts on Jul 19, 2016 to “Outperform” and Lowered the Price Target to $ 94 from a previous price target of $98 .Shares were Reiterated by UBS on Jul 19, 2016 to “Neutral” and Lowered the Price Target to $ 86 from a previous price target of $90 .
J.B. Hunt Transport Services Inc. is a holding company that together with its wholly owned subsidiaries is engaged in providing surface transportation delivery and logistics services. The Company operates in four segments: Intermodal (JBI) Dedicated Contract Services (DCS) Integrated Capacity Solutions (ICS) and Truck (JBT). The JBI segment includes freight that is transported by rail and certain repositioning truck freight moved by JBI equipment or third-party carriers. DCS segment includes company-owned and customer-owned DCS-operated revenue equipment and employee drivers assigned to a specific customer traffic lane or service. ICS provides non-asset and asset-light transportation solutions. ICS services include flatbed refrigerated and less-than-truckload (LTL) as well as a variety of dry-van and intermodal solutions. JBT business includes full-load dry-van freight that is typically transported utilizing company-owned or company-controlled revenue equipment.