Bank of America Corporation restated a "buy" rating and set a $109.00 price target (up previously from $98.00) on shares of J.B. Hunt Transport Services in a research note on Monday, July 10th. The NASDAQ listed company saw a recent bid of $96.48 and 633981 shares have traded hands in the session. $16.14 million flowed into the stock on the tick-up and $56.86 million flowed out of the stock on the tick-down, for a money net flow of $40.72 million out of the stock. Currently, the stock is 0.70% from its 50-Day High and 13.64% from the 50-day low. The shares were sold on August 8th for an average price of $91.29. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 1.80. If we move further to the full year performance, we identified that JBHT is promoting good health as stock gained with positive stir of 16.74%. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. Following the completion of the transaction, the chief financial officer now owns 109,500 shares in the company, valued at $9,996,255. The monthly stock performance comes in at 9.24%. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. Morgan Stanley reissued an equal weight rating and set a $84.00 target price (down previously from $85.00) on shares of J.B. Hunt Transport Services in a research report on Tuesday, July 18th. Vanguard Group Inc. increased its position in shares of J.B. Hunt Transport Services by 4.1% in the first quarter. J P Morgan Chase & Co initiated coverage on J.B. Hunt Transport Services in a research note on Tuesday, May 23rd. They set an "overweight" rating and a $107.00 target price on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company's stock.
Currently, the stock carries a price to earnings ratio of 20.69, a price to book ratio of 3.6, and a price to sales ratio of 2.33. JBHT stock price revealed optimistic move of 4.21% comparing average price of last 200 days. The firm has a market cap of $10.09 billion, a PE ratio of 24.18 and a beta of 0.94. The 14-day RSI is now sitting at 71.55, the 7-day is at 84.52, and the 3-day is spotted at 97.77 for J B Hunt Transport Services Inc (JBHT). The dividend payment will be $0.230 per share for the quarter which is $0.92 annualized. J.B. Hunt Transport Services had a net margin of 6.32% and a return on equity of 30.00%. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.74 billion. Leucadia National Corp now has a yearly EPS of 1.69. Shell Asset Management Co.'s holdings in J.B. Hunt Transport Services were worth $516,000 at the end of the most recent quarter. On average, equities analysts forecast that J.B. Hunt Transport Services, Inc. will post $3.88 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Monday, August 7th will be issued a $0.23 dividend. The dividend yield will be $0.97. The ex-dividend date has been established as Thursday the 3rd of August 2017. The stock was sold at an average price of $93.71, for a total transaction of $75,905.10. This buyback authorization authorizes the transportation company to repurchase up to 51% of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued. Blackrock Fund Advsrs holds 0.04% or 2.30M shares. Has $1.71 Million Position in J.B. Hunt Transport Services, Inc. Lazard Asset Management LLC raised its position in J.B. Hunt Transport Services by 912.4% in the first quarter. Bank of New York Mellon Corp increased its position in shares of J.B. Hunt Transport Services by 3.2% in the first quarter.
As of quarter end Manufacturers Life Insurance Company, The had disposed of a total of 11,097 shares trimming its stake by 26.1%. J B Hunt Transport Services Inc (JBHT) now has a 14-day Commodity Channel Index (CCI) of 192.64. Farmers & Merchants Investments Inc. now owns 1,420 shares of the transportation company's stock worth $130,000 after buying an additional 20 shares in the last quarter. Van ECK Associates Corp boosted its stake in J.B. Hunt Transport Services by 6.9% in the first quarter. Insiders have sold a total of 33,448 shares of company stock worth $3,074,470 over the last quarter. Atlanta Capital Management Co L L C, a Georgia-based fund reported 2.95 million shares.#img1#. Finally, BidaskClub upgraded J.B. Hunt Transport Services from a "strong sell" rating to a "sell" rating in a research note on Wednesday, June 28th. The higher the ROE, the better the company is at generating profits. The Blair William & Company holds 312,384 shares with $30.32M value, down from 320,714 last quarter. The company's institutional ownership is monitored at 76.3 percent. Hunt Transport Services, Inc. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and global copyright & trademark laws. The Company is a surface transportation, delivery, and logistics company in North America. The Firm divisions include Intermodal, Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT).