JB Hunt (NASDAQ:JBHT): Robert W. Baird Reiterates “Hold” Rating Today, Has a Target of $120.0/Share

April 20, 2018 - By Vivian Park

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

Investors sentiment decreased to 1.19 in 2017 Q4. Its down 0.13, from 1.32 in 2017Q3. It turned negative, as 41 investors sold J.B. Hunt Transport Services, Inc. shares while 120 reduced holdings. 57 funds opened positions while 134 raised stakes. 76.63 million shares or 0.74% more from 76.06 million shares in 2017Q3 were reported.

Legal General Group Public Ltd Company holds 468,722 shares or 0.04% of its portfolio. State Board Of Administration Of Florida Retirement Systems has invested 0.04% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Ajo Ltd Partnership holds 0.03% or 54,241 shares. Boston Private Wealth Limited Liability Company accumulated 6,459 shares. Caisse De Depot Et Placement Du Quebec, a Quebec – Canada-based fund reported 42,161 shares. North Star Invest Mngmt has 0.01% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 1,000 shares. Wells Fargo And Company Mn has invested 0.01% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). New York State Common Retirement Fund, a New York-based fund reported 265,900 shares. Metropolitan Life Insur invested in 17,116 shares or 0.03% of the stock. Oppenheimer Asset Incorporated holds 0.04% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 15,197 shares. Goldman Sachs Gru Inc owns 387,670 shares. Cambridge Investment Research Advsr Inc invested in 18,435 shares or 0.02% of the stock. Ruggie Cap Gru holds 0% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 50 shares. Evercore Wealth Mgmt Ltd Llc has 0% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). California Employees Retirement System owns 232,077 shares.

Since October 27, 2017, it had 0 insider purchases, and 3 selling transactions for $13.90 million activity. HUNT JOHNNIE B JR sold $281,688 worth of stock.

JB Hunt (NASDAQ:JBHT) Rating Reaffirmed

Robert W. Baird now has a $120.0 PT on the $13.12 billion market cap company or 0.35 % upside potential. In analysts report published on Thursday, 28 December, JB Hunt (NASDAQ:JBHT) shares have had their “Hold” Rating reconfirmed by stock research analysts at Robert W. Baird.

Investors sentiment decreased to 1.19 in 2017 Q4. Its down 0.13, from 1.32 in 2017Q3. It turned negative, as 41 investors sold J.B. Hunt Transport Services, Inc. shares while 120 reduced holdings. 57 funds opened positions while 134 raised stakes. 76.63 million shares or 0.74% more from 76.06 million shares in 2017Q3 were reported.

Legal General Group Public Ltd Company holds 468,722 shares or 0.04% of its portfolio. State Board Of Administration Of Florida Retirement Systems has invested 0.04% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Ajo Ltd Partnership holds 0.03% or 54,241 shares. Boston Private Wealth Limited Liability Company accumulated 6,459 shares. Caisse De Depot Et Placement Du Quebec, a Quebec – Canada-based fund reported 42,161 shares. North Star Invest Mngmt has 0.01% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 1,000 shares. Wells Fargo And Company Mn has invested 0.01% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). New York State Common Retirement Fund, a New York-based fund reported 265,900 shares. Metropolitan Life Insur invested in 17,116 shares or 0.03% of the stock. Oppenheimer Asset Incorporated holds 0.04% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 15,197 shares. Goldman Sachs Gru Inc owns 387,670 shares. Cambridge Investment Research Advsr Inc invested in 18,435 shares or 0.02% of the stock. Ruggie Cap Gru holds 0% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 50 shares. Evercore Wealth Mgmt Ltd Llc has 0% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). California Employees Retirement System owns 232,077 shares.

Since October 27, 2017, it had 0 insider purchases, and 3 selling transactions for $13.90 million activity. HUNT JOHNNIE B JR sold $281,688 worth of stock.

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

Among 16 analysts covering JB Hunt (NASDAQ:JBHT), 7 have Buy rating, 1 Sell and 8 Hold. Therefore 44% are positive. JB Hunt has $150 highest and $100.0 lowest target. $125.44’s average target is 4.90% above currents $119.58 stock price. JB Hunt had 34 analyst reports since October 23, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, November 30 by BMO Capital Markets. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, April 17 report. Credit Suisse downgraded the stock to “Hold” rating in Friday, January 19 report. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, April 6. Bank of America upgraded J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) on Thursday, December 28 to “Buy” rating. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Hold” rating given on Monday, January 29 by BMO Capital Markets. Credit Suisse upgraded the shares of JBHT in report on Friday, January 5 to “Buy” rating. On Monday, April 9 the stock rating was maintained by Stephens with “Buy”. The rating was maintained by Robert W. Baird on Thursday, January 18 with “Hold”. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Sell” rating given on Tuesday, April 10 by Goldman Sachs.

The stock decreased 1.39% or $1.69 during the last trading session, reaching $119.58. About 541,289 shares traded. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has risen 26.96% since April 20, 2017 and is uptrending. It has outperformed by 15.41% 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 $13.12 billion. It operates through four divisions: Intermodal , Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). It has a 19.35 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) Institutional Positions Chart

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