JB Hunt Transport (JBHT) Stock Outperform Rating Reiterated at Credit Suisse; The Price Objective is Set to $136; Shorts at Cvr Energy (CVI) Lowered By 4.31%

April 17, 2018 - By Linda Rogers

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

Cvr Energy Inc (NYSE:CVI) had a decrease of 4.31% in short interest. CVI’s SI was 5.46 million shares in April as released by FINRA. Its down 4.31% from 5.70 million shares previously. With 394,300 avg volume, 14 days are for Cvr Energy Inc (NYSE:CVI)’s short sellers to cover CVI’s short positions. The SI to Cvr Energy Inc’s float is 34.91%. The stock decreased 0.16% or $0.06 during the last trading session, reaching $34.38. About 187,762 shares traded. CVR Energy, Inc. (NYSE:CVI) has risen 54.21% since April 17, 2017 and is uptrending. It has outperformed by 42.66% the S&P500.

They currently have a $136 PT on JB Hunt Transport (NASDAQ:JBHT). Credit Suisse’s target would suggest a potential upside of 15.18% from the company’s current price. This was released in a note on Tuesday, 17 April.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.40, from 1.51 in 2017Q3. It worsened, as 10 investors sold CVR Energy, Inc. shares while 53 reduced holdings. 36 funds opened positions while 34 raised stakes. 88.97 million shares or 1.21% more from 87.91 million shares in 2017Q3 were reported. Arrowstreet Cap Limited Partnership stated it has 30,800 shares or 0% of all its holdings. The Pennsylvania-based Susquehanna Interest Gp Llp has invested 0% in CVR Energy, Inc. (NYSE:CVI). 2,635 were accumulated by Barclays Plc. Congress Asset Mngmt Commerce Ma owns 60,948 shares. Jpmorgan Chase & Com has invested 0% in CVR Energy, Inc. (NYSE:CVI). Dimensional Fund Ltd Partnership accumulated 0.01% or 660,365 shares. State Teachers Retirement System has invested 0% in CVR Energy, Inc. (NYSE:CVI). Morgan Stanley reported 359,022 shares stake. Northern Trust Corporation reported 221,154 shares or 0% of all its holdings. Amer Grp Incorporated has 0% invested in CVR Energy, Inc. (NYSE:CVI). Alliancebernstein L P holds 0% or 125,780 shares in its portfolio. State Street holds 0% of its portfolio in CVR Energy, Inc. (NYSE:CVI) for 805,589 shares. 21,375 were reported by Magnetar Fincl Lc. Cornerstone Holding Limited Liability Com owns 107,600 shares or 0.03% of their US portfolio. Us Bankshares De holds 0% in CVR Energy, Inc. (NYSE:CVI) or 20,444 shares.

CVR Energy, Inc., through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States. The company has market cap of $2.99 billion. The firm operates in two divisions, Petroleum and Nitrogen Fertilizer. It has a 12.73 P/E ratio. The Petroleum segment refines and markets transportation fuels, such as gasoline, diesel fuel, pet coke, natural gas liquids, slurry, sulfur, gas oil, asphalt, jet fuel, and other products.

Among 2 analysts covering CVR Energy (NYSE:CVI), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. CVR Energy had 5 analyst reports since January 26, 2016 according to SRatingsIntel. The stock of CVR Energy, Inc. (NYSE:CVI) earned “Underweight” rating by Piper Jaffray on Friday, September 16. Piper Jaffray upgraded CVR Energy, Inc. (NYSE:CVI) on Monday, October 10 to “Neutral” rating. Goldman Sachs upgraded CVR Energy, Inc. (NYSE:CVI) on Friday, September 9 to “Neutral” rating. The stock has “Underweight” rating by Piper Jaffray on Monday, August 22.

Among 24 analysts covering JB Hunt Trans (NASDAQ:JBHT), 14 have Buy rating, 1 Sell and 9 Hold. Therefore 58% are positive. JB Hunt Trans has $150 highest and $77 lowest target. $117.47’s average target is -0.52% below currents $118.08 stock price. JB Hunt Trans had 89 analyst reports since August 6, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, April 17 report. The company was maintained on Thursday, December 28 by Robert W. Baird. Cowen & Co maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) on Friday, August 25 with “Buy” rating. Robert W. Baird maintained it with “Hold” rating and $112.0 target in Friday, November 10 report. The firm earned “Buy” rating on Thursday, September 21 by KeyBanc Capital Markets. The firm earned “Neutral” rating on Thursday, January 11 by JP Morgan. Stifel Nicolaus upgraded the shares of JBHT in report on Friday, September 29 to “Buy” rating. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Buy” rating given on Monday, April 9 by Stephens. Deutsche Bank upgraded the stock to “Buy” rating in Monday, April 2 report. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Buy” rating given on Thursday, January 11 by KeyBanc Capital Markets.

The stock decreased 1.40% or $1.67 during the last trading session, reaching $118.08. About 592,615 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.

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. The company has market cap of $12.96 billion. It operates through four divisions: Intermodal , Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). It has a 19.11 P/E ratio. The JBI segment offers intermodal freight solutions, such as origin and destination pickup, and delivery services.

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

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