Jb Hunt Transport Services INC (JBHT) Shares Rose While Regions Financial Corp Has Upped by $4.61 Million Its Holding

April 17, 2018 - By Marie Mckinney

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) LogoInvestors sentiment decreased to 1.19 in 2017 Q4. Its down 0.13, from 1.32 in 2017Q3. It dropped, as 41 investors sold JBHT 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. Chevy Chase Trust holds 0.04% or 74,160 shares in its portfolio. D E Shaw Inc holds 139,734 shares or 0.02% of its portfolio. Rech Glob reported 0.1% stake. Art Advsr Limited invested in 0.06% or 10,900 shares. Wells Fargo Mn holds 0.01% or 159,498 shares. Parametric Portfolio Associates Limited Liability Corp stated it has 0.03% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Franklin Resource, California-based fund reported 828,349 shares. Geode Mgmt holds 1.04 million shares. Lathrop Invest Mgmt Corp has 4,586 shares for 0.15% of their portfolio. State Of Wisconsin Board has 0.03% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 80,953 shares. Nicholas Ltd Partnership has 0.41% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Brown Capital Ltd Co reported 12,108 shares. Telemark Asset Management Ltd Liability Company invested 3.38% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Louisiana State Employees Retirement stated it has 0.03% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Whittier Trust holds 1 shares.

Since October 27, 2017, it had 0 buys, and 3 sales for $13.90 million activity. 2,328 shares were sold by HUNT JOHNNIE B JR, worth $281,688.

Regions Financial Corp increased its stake in Jb Hunt Transport Services Inc (JBHT) by 5.27% based on its latest 2017Q4 regulatory filing with the SEC. Regions Financial Corp bought 40,470 shares as the company’s stock rose 0.38% while stock markets declined. The institutional investor held 808,102 shares of the transportation company at the end of 2017Q4, valued at $92.92 million, up from 767,632 at the end of the previous reported quarter. Regions Financial Corp who had been investing in Jb Hunt Transport Services Inc for a number of months, seems to be bullish on the $12.95B market cap company. The stock decreased 1.46% or $1.75 during the last trading session, reaching $118. About 570,021 shares traded. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has risen 26.96% since April 17, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Regions Financial Corp, which manages about $9.24 billion US Long portfolio, decreased its stake in Pnc Financial Services Group I (NYSE:PNC) by 38,365 shares to 121,593 shares, valued at $17.55M in 2017Q4, according to the filing. It also reduced its holding in Nextera Energy Inc (NYSE:NEE) by 44,336 shares in the quarter, leaving it with 699,520 shares, and cut its stake in Verizon Communications Inc (NYSE:VZ).

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

Among 17 analysts covering JB Hunt (NASDAQ:JBHT), 8 have Buy rating, 1 Sell and 8 Hold. Therefore 47% are positive. JB Hunt had 32 analyst reports since October 20, 2017 according to SRatingsIntel. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) earned “Buy” rating by Credit Suisse on Monday, January 8. The stock has “Buy” rating by Susquehanna on Monday, January 29. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) earned “Buy” rating by KeyBanc Capital Markets on Tuesday, October 24. The firm has “Buy” rating by Credit Suisse given on Friday, January 5. The firm has “Buy” rating given on Friday, April 13 by Credit Suisse. The rating was maintained by Robert W. Baird on Thursday, January 18 with “Hold”. Bank of America upgraded the shares of JBHT in report on Thursday, December 28 to “Buy” rating. The company was maintained on Monday, January 29 by BMO Capital Markets. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Thursday, April 12. Susquehanna maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) on Monday, January 8 with “Buy” rating.

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

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