V Square Quantitative Management LLC Has $356,000 Stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

V Square Quantitative Management LLC grew its holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 11.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,038 shares of the transportation company’s stock after purchasing an additional 409 shares during the period. V Square Quantitative Management LLC’s holdings in C.H. Robinson Worldwide were worth $356,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in CHRW. Van ECK Associates Corp increased its holdings in shares of C.H. Robinson Worldwide by 13,682.5% in the 1st quarter. Van ECK Associates Corp now owns 2,662,511 shares of the transportation company’s stock valued at $202,723,000 after purchasing an additional 2,643,193 shares during the period. First Eagle Investment Management LLC increased its holdings in C.H. Robinson Worldwide by 21.1% in the first quarter. First Eagle Investment Management LLC now owns 11,486,055 shares of the transportation company’s stock worth $874,548,000 after buying an additional 2,003,158 shares during the last quarter. Pzena Investment Management LLC acquired a new position in C.H. Robinson Worldwide in the first quarter worth approximately $66,474,000. Norges Bank acquired a new position in C.H. Robinson Worldwide in the fourth quarter worth approximately $52,341,000. Finally, Pinebridge Investments L.P. increased its holdings in C.H. Robinson Worldwide by 105.5% in the fourth quarter. Pinebridge Investments L.P. now owns 593,653 shares of the transportation company’s stock worth $51,286,000 after buying an additional 304,709 shares during the last quarter. Institutional investors and hedge funds own 93.15% of the company’s stock.

Insiders Place Their Bets

In other C.H. Robinson Worldwide news, insider Michael John Short sold 10,894 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $98.38, for a total transaction of $1,071,751.72. Following the completion of the transaction, the insider now owns 70,943 shares of the company’s stock, valued at approximately $6,979,372.34. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.47% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on CHRW. Baird R W upgraded C.H. Robinson Worldwide to a “hold” rating in a report on Wednesday, July 3rd. UBS Group upped their target price on C.H. Robinson Worldwide from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Evercore ISI raised C.H. Robinson Worldwide from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $82.00 to $99.00 in a research report on Tuesday, June 25th. JPMorgan Chase & Co. raised C.H. Robinson Worldwide from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $87.00 to $110.00 in a research report on Thursday, August 1st. Finally, TD Cowen upped their target price on C.H. Robinson Worldwide from $86.00 to $103.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $94.06.

C.H. Robinson Worldwide Trading Up 1.9 %

Shares of C.H. Robinson Worldwide stock traded up $1.85 during trading on Thursday, hitting $99.64. 49,613 shares of the company were exchanged, compared to its average volume of 1,638,560. The firm has a market capitalization of $11.67 billion, a P/E ratio of 38.65, a price-to-earnings-growth ratio of 2.63 and a beta of 0.80. C.H. Robinson Worldwide, Inc. has a 1-year low of $65.00 and a 1-year high of $105.41. The firm’s fifty day moving average price is $89.69 and its 200 day moving average price is $80.90. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.42 and a quick ratio of 1.37.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings data on Wednesday, July 31st. The transportation company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.19. C.H. Robinson Worldwide had a return on equity of 27.84% and a net margin of 1.90%. The business had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same period in the previous year, the firm earned $0.90 EPS. C.H. Robinson Worldwide’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, sell-side analysts expect that C.H. Robinson Worldwide, Inc. will post 3.73 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 6th will be given a dividend of $0.62 per share. The ex-dividend date is Friday, September 6th. This represents a $2.48 dividend on an annualized basis and a yield of 2.49%. This is an increase from C.H. Robinson Worldwide’s previous quarterly dividend of $0.61. C.H. Robinson Worldwide’s dividend payout ratio is 98.02%.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding. The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.