J B Hunt Transport Services Inc (JBHT) : Congress Asset Management Co scooped up 55,642 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 Nov 14, 2016. The investment management firm now holds a total of 1,087,691 shares of J B Hunt Transport Services Inc which is valued at $99,045,142.J B Hunt Transport Services Inc makes up approximately 2.19% of Congress Asset Management Co’s portfolio.
Other Hedge Funds, Including , Parallax Volatility Advisers added JBHT to its portfolio by purchasing 937 company shares during the most recent quarter which is valued at $85,323.Credit Agricole S A boosted its stake in JBHT in the latest quarter, The investment management firm added 73,058 additional shares and now holds a total of 153,552 shares of J B Hunt Transport Services Inc which is valued at $13,523,325. J B Hunt Transport Services Inc makes up approx 0.05% of Credit Agricole S A’s portfolio.Liberty Mutual Group Asset Management reduced its stake in JBHT by selling 600 shares or 9.03% in the most recent quarter. The Hedge Fund company now holds 6,042 shares of JBHT which is valued at $532,119. J B Hunt Transport Services Inc makes up approx 0.02% of Liberty Mutual Group Asset Management’s portfolio.Kanaly Trust Co reduced its stake in JBHT by selling 804 shares or 15.91% in the most recent quarter. The Hedge Fund company now holds 4,251 shares of JBHT which is valued at $351,218. J B Hunt Transport Services Inc makes up approx 0.08% of Kanaly Trust Co’s portfolio. Old Mutual Global Investors (uk) Ltd. sold out all of its stake in JBHT during the most recent quarter. The investment firm sold 9,893 shares of JBHT which is valued $807,368.
J B Hunt Transport Services Inc opened for trading at $91.33 and hit $92.08 on the upside on Monday, eventually ending the session at $91.47, with a gain of 0.02% or 0.02 points. The heightened volatility saw the trading volume jump to 6,49,057 shares. Company has a market cap of $10,262 M.
On the company’s financial health, J B Hunt Transport Services Inc reported $0.97 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Oct 17, 2016. Analyst had a consensus of $1.02. The company had revenue of $1690.70 million for the quarter, compared to analysts expectations of $1678.51 million. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.99 EPS.
Many Wall Street Analysts have commented on J B Hunt Transport Services Inc. J B Hunt Transport Services Inc was Initiated by Loop Capital to “Buy” on Nov 16, 2016.
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.