Mutual Advisors LLC Purchases 225 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Mutual Advisors LLC raised its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,544 shares of the transportation company’s stock after acquiring an additional 225 shares during the quarter. Mutual Advisors LLC’s holdings in C.H. Robinson Worldwide were worth $1,185,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of CHRW. Charles Schwab Investment Management Inc. increased its position in C.H. Robinson Worldwide by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,956,219 shares of the transportation company’s stock valued at $436,648,000 after purchasing an additional 142,116 shares during the period. Geode Capital Management LLC increased its position in shares of C.H. Robinson Worldwide by 1.4% during the third quarter. Geode Capital Management LLC now owns 3,104,011 shares of the transportation company’s stock valued at $341,555,000 after buying an additional 42,189 shares during the period. FMR LLC raised its stake in C.H. Robinson Worldwide by 2,259.1% in the third quarter. FMR LLC now owns 2,557,791 shares of the transportation company’s stock worth $282,303,000 after buying an additional 2,449,367 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in C.H. Robinson Worldwide by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 1,411,891 shares of the transportation company’s stock worth $155,830,000 after buying an additional 36,769 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in C.H. Robinson Worldwide by 12.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,405,718 shares of the transportation company’s stock valued at $155,149,000 after acquiring an additional 153,654 shares in the last quarter. 93.15% of the stock is currently owned by hedge funds and other institutional investors.

C.H. Robinson Worldwide Trading Up 1.1 %

Shares of C.H. Robinson Worldwide stock opened at $108.16 on Friday. C.H. Robinson Worldwide, Inc. has a twelve month low of $65.00 and a twelve month high of $114.82. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.86. The business has a 50-day moving average price of $105.88 and a 200-day moving average price of $103.27. The firm has a market cap of $12.79 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 0.87 and a beta of 0.83.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Wednesday, October 30th. The transportation company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.16. The firm had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.53 billion. C.H. Robinson Worldwide had a net margin of 1.96% and a return on equity of 30.38%. C.H. Robinson Worldwide’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the firm posted $0.84 earnings per share. Equities research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.39 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 6th were given a $0.62 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $2.48 annualized dividend and a yield of 2.29%. C.H. Robinson Worldwide’s dividend payout ratio is currently 85.81%.

Insiders Place Their Bets

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto sold 2,032 shares of the business’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $103.81, for a total transaction of $210,941.92. Following the transaction, the insider now owns 34,469 shares in the company, valued at $3,578,226.89. The trade was a 5.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael John Short sold 10,408 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $109.87, for a total transaction of $1,143,526.96. Following the completion of the sale, the insider now directly owns 70,943 shares in the company, valued at approximately $7,794,507.41. This represents a 12.79 % decrease in their position. The disclosure for this sale can be found here. 1.47% of the stock is currently owned by insiders.

Analyst Ratings Changes

CHRW has been the subject of a number of research reports. Stifel Nicolaus increased their price objective on C.H. Robinson Worldwide from $112.00 to $113.00 and gave the stock a “hold” rating in a report on Thursday. Wells Fargo & Company raised C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $118.00 to $130.00 in a report on Monday, December 9th. Robert W. Baird raised their target price on shares of C.H. Robinson Worldwide from $115.00 to $124.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. UBS Group upgraded C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating and boosted their price target for the company from $100.00 to $140.00 in a research note on Friday, October 4th. Finally, Evercore ISI boosted their price objective on shares of C.H. Robinson Worldwide from $112.00 to $122.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, C.H. Robinson Worldwide presently has an average rating of “Moderate Buy” and an average target price of $114.71.

About C.H. Robinson Worldwide

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.