BlackRock Amends J.B. Hunt Stake, Signals Passive Investment
Ticker: JBHT · Form: SC 13G/A · Filed: 2024-01-29T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its J.B. Hunt stake, confirming its passive investment.**
AI Summary
BlackRock, Inc. filed an amended SC 13G/A on January 29, 2024, indicating its ownership of Common Stock in HUNT J B TRANSPORT SERVICES INC as of December 31, 2023. This filing, Amendment No. 8, updates BlackRock's passive investment stake in the trucking company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in confidence or strategy regarding J.B. Hunt's stock.
Why It Matters
This filing shows BlackRock's continued, albeit passive, interest in J.B. Hunt, which can influence market perception and investor confidence in the stock.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued passive stake in J.B. Hunt, but understand this filing is routine and doesn't signal an active change in investment strategy or a significant market event.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- HUNT J B TRANSPORT SERVICES INC (company) — the subject company (issuer) whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 8 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., identified by CIK 0001364742.
What is the subject company (issuer) of the securities reported?
The subject company is HUNT J B TRANSPORT SERVICES INC, identified by CIK 0000728535.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of HUNT J B TRANSPORT SERVICES INC is 445658107.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023.
From the Filing
EDGAR Filing Documents for 0001086364-24-005103 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-005103 Filing Date 2024-01-29 Accepted 2024-01-29 15:26:22 Documents 1 Document Format Files Seq Description Document Type Size 1 us4456581077_012924.txt SC 13G/A 12022 Complete submission text file 0001086364-24-005103.txt 13871 Mailing Address 615 JB HUNT CORPORATE DRIVE PO BOX 130 LOWELL AR 72745 Business Address 615 JB HUNT CORPORATE DR PO BOX 130 LOWELL AR 72745 479-820-0000 HUNT J B TRANSPORT SERVICES INC (Subject) CIK : 0000728535 (see all company filings) EIN. : 710335111 | State of Incorp.: AR | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-36369 | Film No.: 24573072 SIC : 4213 Trucking (No Local) (CF Office: 01 Energy & Transportation) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)