Telemark Asset Management LLC Has Cut Hunt J B Trans Svcs INC (JBHT) Holding as Stock Declined

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) LogoInvestors sentiment increased to 1.52 in Q3 2018. Its up 0.40, from 1.12 in 2018Q2. It improved, as 34 investors sold JBHT shares while 107 reduced holdings. 67 funds opened positions while 148 raised stakes. 77.74 million shares or 0.61% less from 78.21 million shares in 2018Q2 were reported. Bancshares Of Montreal Can invested in 90,974 shares or 0.01% of the stock. Weiss Multi accumulated 0.24% or 76,700 shares. Boston Private Wealth Limited Liability Corp holds 0.03% or 7,057 shares. Contravisory Investment Management Incorporated reported 0.12% stake. Nomura holds 0% or 11,247 shares in its portfolio. Telemark Asset Management Ltd Liability accumulated 150,000 shares or 2.22% of the stock. Rampart Invest Mngmt Ltd Liability Co reported 0.05% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). 97,805 were reported by Stifel Financial. Morgan Stanley reported 400,026 shares stake. Ls Investment Advisors Limited Com owns 0.02% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 3,633 shares. Voya Mngmt Ltd Company reported 48,487 shares. Moreover, Nicholas Partners LP has 0.49% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Hightower Advsrs Limited Liability Company invested in 0.04% or 49,255 shares. Kbc Grp Inc Nv owns 6,288 shares. Cambridge Tru stated it has 8,325 shares or 0.06% of all its holdings.

Telemark Asset Management Llc decreased its stake in Hunt J B Trans Svcs Inc (JBHT) by 25% based on its latest 2018Q3 regulatory filing with the SEC. Telemark Asset Management Llc sold 50,000 shares as the company’s stock declined 21.60% with the market. The hedge fund held 150,000 shares of the transportation company at the end of 2018Q3, valued at $17.84M, down from 200,000 at the end of the previous reported quarter. Telemark Asset Management Llc who had been investing in Hunt J B Trans Svcs Inc for a number of months, seems to be less bullish one the $11.88B market cap company. The stock decreased 0.01% or $0.01 during the last trading session, reaching $109.27. About 720,278 shares traded. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has declined 10.47% since February 11, 2018 and is downtrending. It has underperformed by 10.47% the S&P500.

Telemark Asset Management Llc, which manages about $460.03 million and $802.40M US Long portfolio, upped its stake in Hess Corp (NYSE:HES) by 200,000 shares to 500,000 shares, valued at $35.79 million in 2018Q3, according to the filing. It also increased its holding in Verisk Analytics (NASDAQ:VRSK) by 45,800 shares in the quarter, for a total of 245,800 shares, and has risen its stake in Andeavor.

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More notable recent J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) news were published by: Nasdaq.com which released: “Why the Earnings Surprise Streak Could Continue for JB Hunt (JBHT) – Nasdaq” on December 18, 2018, also Streetinsider.com with their article: “After-Hours Movers 01/17: (OZK) (TEAM) (JBHT) Higher; (NLS) (NFLX) (AXP) (more…) – StreetInsider.com” published on January 17, 2019, Benzinga.com published: “J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Knight Transportation, Inc. (NYSE:KNX) – Truck Safety Groups Push Congress For Speed Limiter Mandate – Benzinga” on January 31, 2019. More interesting news about J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) were released by: Benzinga.com and their article: “Covenant Transportation Group, Inc. (NASDAQ:CVTI), Heartland Express, Inc. (NASDAQ:HTLD) – Truckload Stocks Outperforming S&P 500 So Far In 2019 – Benzinga” published on January 29, 2019 as well as Nasdaq.com‘s news article titled: “Friday Sector Leaders: Industrial, Technology & Communications – Nasdaq” with publication date: January 18, 2019.

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

Among 5 analysts covering JB Hunt Transport (NASDAQ:JBHT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. JB Hunt Transport had 5 analyst reports since September 27, 2018 according to SRatingsIntel. On Tuesday, October 16 the stock rating was maintained by Credit Suisse with “Outperform”. Deutsche Bank maintained the stock with “Buy” rating in Thursday, September 27 report. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, January 7. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Buy” rating given on Tuesday, December 4 by UBS. Citigroup maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) rating on Friday, November 2. Citigroup has “Neutral” rating and $120 target.

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