As Jb Hunt Transport Services INC (JBHT) Valuation Rose, Regions Financial Corp Has Lifted Its Stake by $4.61 Million

May 20, 2018 - By Henry Gaston

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 dived, 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. Mai Cap Management has 8,514 shares. Ww Asset Mngmt accumulated 0.03% or 7,921 shares. The Texas-based Qcm Cayman has invested 0.95% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Thrivent For Lutherans reported 0.03% stake. Profund Advisors Limited Liability Corp holds 8,665 shares. Eaton Vance invested 0.08% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Dupont Capital Mngmt Corp holds 0.02% or 8,746 shares in its portfolio. Korea holds 0% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) or 5,700 shares. Sei Invests, a Pennsylvania-based fund reported 133,829 shares. Parkwood Ltd Liability Corp has invested 0.03% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Cap One National Association invested 0.02% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Hightower Advsrs Ltd Liability Co, a Illinois-based fund reported 47,066 shares. Vanguard Group Inc Inc Inc invested 0.05% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). North Star Mgmt Corp has invested 0.01% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Pictet Asset Management holds 47,704 shares.

Since January 24, 2018, it had 0 buys, and 4 selling transactions for $15.18 million activity. $156,901 worth of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) shares were sold by Hicks Bradley W.. GARRISON EARL WAYNE had sold 21,344 shares worth $2.68M.

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 $13.92 billion market cap company. The stock increased 0.93% or $1.17 during the last trading session, reaching $126.86. About 670,668 shares traded. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has risen 26.96% since May 20, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Regions Financial Corp, which manages about $9.24B US Long portfolio, decreased its stake in American International Group I (NYSE:AIG) by 140,168 shares to 171,647 shares, valued at $10.23M in 2017Q4, according to the filing. It also reduced its holding in Exxon Mobil Corp (NYSE:XOM) by 66,743 shares in the quarter, leaving it with 2.04M shares, and cut its stake in Wells Fargo & Co (NYSE:WFC).

More important recent J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) news were published by: Businesswire.com which released: “JB Hunt Transport Services, Inc. to Participate in the Bank of America Merrill Lynch Transportation and the Wolfe …” on May 07, 2018, also Businesswire.com published article titled: “JB Hunt Transport Services, Inc. Recognizes 77 Drivers for Safely Driving Two Million-Plus Miles, Awards Nearly $1 …”, Businesswire.com published: “JB Hunt Transport Services, Inc. Named One of America’s Best Employers by Forbes” on May 03, 2018. More interesting news about J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) was released by: Seekingalpha.com and their article: “Spotlight On Gambling Reset And Banking Bill” with publication date: May 19, 2018.

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

Among 16 analysts covering JB Hunt (NASDAQ:JBHT), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. JB Hunt had 33 analyst reports since November 30, 2017 according to SRatingsIntel. Bank of America upgraded the stock to “Buy” rating in Thursday, December 28 report. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Buy” rating given on Monday, January 8 by Susquehanna. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Hold” rating given on Friday, April 6 by Stifel Nicolaus. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) earned “Hold” rating by BMO Capital Markets on Monday, January 29. BMO Capital Markets maintained the stock with “Hold” rating in Monday, April 16 report. Credit Suisse maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) on Tuesday, January 30 with “Outperform” rating. KeyBanc Capital Markets maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) rating on Thursday, December 28. KeyBanc Capital Markets has “Buy” rating and $125.0 target. J.P. Morgan downgraded it to “Hold” rating and $123.0 target in Thursday, January 11 report. The company was maintained on Thursday, November 30 by BMO Capital Markets. Stephens maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) on Monday, April 9 with “Buy” rating.

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

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