J.B. Hunt Transport Services Inc (NASDAQ:JBHT) on Focus After Report of Less Shorts

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Logo

Investors sentiment decreased to 0.64 in Q2 2019. Its down 0.51, from 1.15 in 2019Q1. It dived, as 59 investors sold J.B. Hunt Transport Services, Inc. shares while 138 reduced holdings. 37 funds opened positions while 90 raised stakes. 79.17 million shares or 1.05% more from 78.35 million shares in 2019Q1 were reported.
Westpac Banking reported 122,040 shares stake. Meeder Asset Inc holds 0% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) or 129 shares. Kbc Group Nv owns 11,504 shares. 644,848 are held by Brown Advisory Incorporated. Mitsubishi Ufj reported 72,297 shares or 0.02% of all its holdings. Stephens Limited Liability Com reported 176,020 shares. Gateway Investment Advisers Limited Liability Company invested in 0% or 4,454 shares. Gulf Intl Commercial Bank (Uk) Ltd accumulated 0.03% or 19,326 shares. Dupont Capital Mngmt stated it has 0.05% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Csat Invest Advisory L P holds 0.02% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) or 639 shares. British Columbia Management Corp holds 0.01% or 16,837 shares in its portfolio. Prelude Capital Mngmt Ltd Company owns 3,815 shares. Brown Brothers Harriman And Communications accumulated 0% or 259 shares. Proshare Advisors Ltd Liability Com reported 71,107 shares stake. Schroder Investment Mngmt Group Inc invested in 0% or 8,778 shares.

The stock of J.B. Hunt Transport Services Inc (NASDAQ:JBHT) registered a decrease of 2.57% in short interest. JBHT’s total short interest was 4.69M shares in September as published by FINRA. Its down 2.57% from 4.82M shares, reported previously. With 1.17M shares average volume, it will take short sellers 4 days to cover their JBHT’s short positions. The short interest to J.B. Hunt Transport Services Inc’s float is 5.45%.

The stock increased 0.40% or $0.46 during the last trading session, reaching $114.96. About 447,920 shares traded. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has declined 13.11% since September 13, 2018 and is downtrending. It has underperformed by 13.11% the S&P500.

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. The company has market cap of $12.27 billion. It operates through four divisions: Intermodal , Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). It has a 26.69 P/E ratio. The JBI segment offers intermodal freight solutions, such as origin and destination pickup, and delivery services.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Ratings Coverage

Among 5 analysts covering J.B. Hunt Transport Services (NASDAQ:JBHT), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. J.B. Hunt Transport Services has $130 highest and $95 lowest target. $113.17’s average target is -1.56% below currents $114.96 stock price. J.B. Hunt Transport Services had 14 analyst reports since March 29, 2019 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, April 16. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, April 16. BMO Capital Markets maintained the shares of JBHT in report on Tuesday, April 16 with “Market Perform” rating. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Equal-Weight” rating given on Thursday, April 4 by Barclays Capital. Buckingham Research maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) on Tuesday, April 2 with “Buy” rating.

More notable recent J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) news were published by: Benzinga.com which released: “Knight Swift Delivers A Surprise Message To Wall Street: We Had A Better Quarter Than You Thought – Benzinga” on January 17, 2019, also Nasdaq.com with their article: “Here’s How Stocks Reacted to Dorian’s Mayhem – Nasdaq” published on September 05, 2019, Seekingalpha.com published: “Stocks To Watch: Planes, Trains And Automobiles – Seeking Alpha” on August 31, 2019. More interesting news about J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) were released by: Nasdaq.com and their article: “Can High Operating Costs Hit J.B. Hunt’s (JBHT) Q2 Earnings? – Nasdaq” published on July 12, 2019 as well as Nasdaq.com‘s news article titled: “JB Hunt Earnings: JBHT Stock Down as Q1 EPS, Sales Miss the Mark – Nasdaq” with publication date: April 15, 2019.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Institutional Positions Chart

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