J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has made a 13.71% comeback from a 12-month low price of $88.38. It was seen -3.49% lower, changing the price to $100.5, when the closing bell rang on 3/19/2019. At a recent session, the prices were hovering between $102.78 and $104.25. This company shares are 19.07% off its target price of $119.67 and the current market capitalization stands at $11.02B. The recent change has given its price a -4.21% deficit over SMA 50 and -23.71% deficit over its 52-week high. The stock witnessed -11.52% declines, 8.43% gains and -19.32% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found JBHT’s volatility during a week at 2.25% and during a month it has been found around 2.23%.J.B. Hunt Transport Services, Inc. (JBHT) Top Holders
Institutional investors currently hold around $8.2 billion or 73.4% in JBHT stock. Look at its top three institutional owners: Vanguard Group Inc owns $1.04 billion in J.B. Hunt Transport Services, Inc., which represents roughly 9.45% of the company’s market cap and approximately 12.69% of the institutional ownership. Similar statistics are true for the second largest owner, Capital Research Global Investors, which owns 9,883,063 shares of the stock are valued at $1.03 billion. The third largest holder is Blackrock Inc., which currently holds $645.07 million worth of this stock and that ownership represents nearly 5.85% of its market capitalization.
At the end of December reporting period, 197 institutional holders increased their position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by some 7,806,951 shares, 244 decreased positions by 10,131,179 and 78 held positions by 60,844,298. That puts total institutional holdings at 78,782,428 shares, according to SEC filings. The stock grabbed 41 new institutional investments totaling 334,210 shares while 81 institutional investors sold out their entire positions totaling 2,167,009 shares.J.B. Hunt Transport Services, Inc. (JBHT) Analyst Guide
Several analysts have released their opinion on J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), with 10 analysts believing it is a strong buy. Whereas 11 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.05 average brokerage recommendation [T1].