Some Traders See Unusual Bearish Options Activity in J B Hunt Transport Services Inc

 Some Traders See Unusual Bearish Options Activity in J B Hunt Transport Services Inc

In today’s session J B Hunt Transport Services Inc (JBHT) recorded an unusually high (1,060) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious JBHT decrease. With 1,060 contracts traded and 814 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: JBHT161021P00080000 closed last at: $1.65 or 3.1% up. About 670,920 shares traded hands. J B Hunt Transport Services Inc (NASDAQ:JBHT) has declined 4.01% since March 15, 2016 and is downtrending. It has underperformed by 9.50% the S&P500.

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

Out of 14 analysts covering JB Hunt Trans (NASDAQ:JBHT), 10 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 71% are positive. JB Hunt Trans has been the topic of 25 analyst reports since August 6, 2015 according to StockzIntelligence Inc. On Tuesday, January 12 the stock rating was upgraded by Wolfe Research to “Outperform”. BB&T Capital upgraded the stock to “Buy” rating in Monday, January 25 report. Credit Suisse maintained J B Hunt Transport Services Inc (NASDAQ:JBHT) rating on Tuesday, April 19. Credit Suisse has “Outperform” rating and $96 price target. The rating was downgraded by Vetr to “Strong-Buy” on Wednesday, August 12. Vetr upgraded J B Hunt Transport Services Inc (NASDAQ:JBHT) rating on Friday, August 21. Vetr has “Buy” rating and $88.85 price target. The firm has “Outperform” rating given on Tuesday, April 19 by Bernstein. Bank of America upgraded the stock to “Buy” rating in Friday, September 11 report. The stock of J B Hunt Transport Services Inc (NASDAQ:JBHT) has “Buy” rating given on Tuesday, July 26 by Buckingham Research. The stock has “Outperform” rating given by RBC Capital Markets on Friday, January 22. The firm earned “Market Perform” rating on Tuesday, March 29 by BMO Capital Markets.

According to Zacks Investment Research, “J.B. Hunt Transport Services, Inc., together with its wholly-owned subsidiaries, is a diversified transportation services and logistics company. Through its subsidiaries the company transports primarily full-load containerizable freight throughout the continental United States and portions of Canada and Mexico. The company also manages or provides logistics and transportation-related services which may utilize the company’s own equipment and employees, or may employ equipment and services provided by unrelated third parties.”

Insitutional Activity: The institutional sentiment increased to 1.27 in 2016 Q2. Its up 0.09, from 1.18 in 2016Q1. The ratio is positive, as 31 funds sold all J B Hunt Transport Services Inc shares owned while 118 reduced positions. 47 funds bought stakes while 142 increased positions. They now own 79.03 million shares or 2.77% less from 81.28 million shares in 2016Q1.
Moreover, Blair William And Il has 0.25% invested in J B Hunt Transport Services Inc (NASDAQ:JBHT) for 325,250 shares. Clinton accumulated 34,474 shares or 0.12% of the stock. Thompson Siegel And Walmsley Ltd Liability Co owns 20 shares or 0% of their US portfolio. Ameriprise Financial holds 291,274 shares or 0.01% of its portfolio. The United Kingdom-based Barclays Pcl has invested 0.01% in J B Hunt Transport Services Inc (NASDAQ:JBHT). The New York-based Alliancebernstein L P has invested 0.01% in J B Hunt Transport Services Inc (NASDAQ:JBHT). Columbia Wanger Asset Mgmt Limited Liability Com, a Illinois-based fund reported 552,077 shares. Cg Asset Mgmt Ltd Company, a New York-based fund reported 5,700 shares. Fund Mngmt Sa owns 104,266 shares or 0.08% of their US portfolio. Tokio Marine Asset Mngmt Ltd holds 0.03% or 3,799 shares in its portfolio. Guardian Life Of America last reported 0% of its portfolio in the stock. Alps Advisors Incorporated has 0% invested in the company for 4,860 shares. The Alabama-based Stanley has invested 0.43% in J B Hunt Transport Services Inc (NASDAQ:JBHT). Ontario Teachers Pension Plan Board holds 0.07% of its portfolio in J B Hunt Transport Services Inc (NASDAQ:JBHT) for 76,707 shares. The Connecticut-based Verition Fund Limited Liability Com has invested 0.08% in J B Hunt Transport Services Inc (NASDAQ:JBHT).

Insider Transactions: Since April 20, 2016, the stock had 0 insider purchases, and 9 insider sales for $14.97 million net activity. The insider MEE DAVID G sold 6,408 shares worth $525,007. On Tuesday, July 26 GARRISON EARL WAYNE sold $4.20M worth of the stock or 50,000 shares. Shares for $100,043 were sold by Hobbs Nicholas. MATTHEWS TERRENCE D had sold 10,000 shares worth $825,000 on Monday, June 6. On Tuesday, April 26 the insider THOMPSON JAMES K sold $771,354. Shares for $494,460 were sold by HARPER ALFRED C. PALMER KAY J sold $194,429 worth of stock or 2,200 shares.

J.B. Hunt Transport Services, Inc. is a holding company. The company has a market cap of $8.75 billion. The Firm is a surface transportation, delivery, and logistics firm in North America. It has a 20.95 P/E ratio. The Company, through its subsidiaries, provides transportation and delivery services to various clients and clients throughout the continental United States, Canada and Mexico.

JBHT Company Profile

J.B. Hunt Transport Services, Inc., incorporated on August 10, 1961, is a holding company. The Firm is a surface transportation, delivery, and logistics firm in North America. The Company, through its subsidiaries, provides transportation and delivery services to various clients and clients throughout the continental United States, Canada and Mexico. The Firm operates through four divisions: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company’s service offerings include transportation of full truckload containerized freight, customized freight movement, revenue equipment, labor, systems and delivery services.

More recent J B Hunt Transport Services Inc (NASDAQ:JBHT) news were published by: Benzinga.com which released: “Industry Headwinds To Blame For JB Hunt’s Q3 Miss” on October 18, 2016. Also Nasdaq.com published the news titled: “Commit To Purchase J.B. Hunt Transport Services At $70, Earn 3.9% Annualized …” on September 20, 2016. Rttnews.com‘s news article titled: “JB Hunt Transport Services Inc. Announces 5% Retreat In Q3 Profit” with publication date: October 17, 2016 was also an interesting one.

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