Hedge Funds’ Favorite Freight and Logistics Stocks

#4. J B Hunt Transport Services Inc (NASDAQ:JBHT)

– Investors with long positions (as of March 31): 27

– Aggregate value of investors’ holdings (as of March 31): $303.04 Million

Owing partially to the 15% rally in its stock, J B Hunt Transport Services Inc (NASDAQ:JBHT) saw its popularity among hedge funds rise slightly during the first quarter. While the ownership of the company among funds covered by us increased by five, the aggregate value of their holdings in it saw a marginal rise of 1% during that period. Ira Unschuld‘s Brant Point Investment Management was one of the funds that initiated a stake in J B Hunt Transport Services Inc (NASDAQ:JBHT) during the first quarter; it bought 70,000 shares of the company during that period. Though J B Hunt Transport Services Inc has increased its dividend consistently over the past many years, its stock currently sports an annual dividend yield of only 1.07%. For its fiscal 2016 second quarter analysts expect the company to report EPS of $1.00 on revenue of $1.63 billion, compared to EPS of $0.88 on revenue of $1.54 billion it had reported for the same quarter last year.