Shipping company J.B. Hunt Transport Services, Inc. ( JBHT ) on Friday caught some negative commentary from analysts at Wells Fargo.
The firm said it cut JBHT from its "Priority Stock" list, noting the stock lacks any sort of near-term catalysts. J.B. Hunt provides surface transportation and delivery services in the U.S., Canada, and Mexico.
J.B. Hunt shares, which have risen nearly 12% year-to-date, were unchanged in premarket trading Friday.
The Bottom Line
Shares of J.B. Hunt ( JBHT ) have a 1.14% dividend yield, based on last night's closing stock price of $45.53. The stock has technical support in the $40-$42 price area. The stock is approaching all-time highs of $48-$49 a share.
J.B. Hunt Transport Services, Inc. ( JBHT ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.
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