Regions Financial Corp Continues to Hold Position in Jb Hunt Transport Services INC (JBHT)

April 17, 2018 - By Jason Grubb

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. Assetmark, California-based fund reported 1,574 shares. Oregon Public Employees Retirement Fund holds 0.04% or 22,456 shares. Nicholas Investment Prtn LP reported 53,664 shares. 1,444 are owned by Counselors Of Maryland Llc. Nuveen Asset Ltd Liability Com owns 102,153 shares or 0.08% of their US portfolio. 10,000 are held by Barbara Oil. Comm Natl Bank holds 0% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) or 2,407 shares. Pennsylvania-based Pnc Svcs Inc has invested 0% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Wellington Ltd Liability Partnership has 0.1% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Balyasny Asset Mngmt Ltd Liability Co owns 19,220 shares. Glob X Management Co Lc accumulated 2,303 shares or 0.01% of the stock. Raymond James Trust Na invested 0.03% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Buckingham Capital Mngmt invested 0.84% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). 8,746 were reported by Dupont Corporation. 3,034 are owned by Robeco Institutional Asset Bv.

Since October 27, 2017, it had 0 insider buys, and 3 insider sales for $13.90 million activity. 2,328 J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) shares with value of $281,688 were sold by HUNT JOHNNIE B JR.

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 Regal Entertainment Group (NYSE:RGC) by 600,509 shares to 2.05M shares, valued at $47.15 million in 2017Q4, according to the filing. It also reduced its holding in Blackrock Fund Advisors (AGG) by 36,886 shares in the quarter, leaving it with 628,176 shares, and cut its stake in Exxon Mobil Corp (NYSE:XOM).

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. On Thursday, January 18 the stock rating was maintained by Robert W. Baird with “Hold”. The rating was upgraded by Bank of America on Thursday, December 28 to “Buy”. The company was maintained on Friday, November 17 by BMO Capital Markets. The stock has “Buy” rating by Stephens on Friday, January 19. The rating was downgraded by Credit Suisse to “Hold” on Friday, January 19. The stock has “Buy” rating by Credit Suisse on Monday, January 8. Stifel Nicolaus maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) rating on Friday, April 6. Stifel Nicolaus has “Hold” rating and $119 target. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Buy” rating given on Monday, April 9 by Stephens. As per Monday, January 8, the company rating was maintained by Susquehanna. J.P. Morgan downgraded the shares of JBHT in report on Thursday, January 11 to “Hold” rating.

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

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