Fox Run Management L.L.C. Has $1.31 Million Position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Fox Run Management L.L.C. decreased its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,722 shares of the transportation company’s stock after selling 3,494 shares during the period. Fox Run Management L.L.C.’s holdings in C.H. Robinson Worldwide were worth $1,314,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in CHRW. KLP Kapitalforvaltning AS acquired a new stake in shares of C.H. Robinson Worldwide in the 4th quarter worth about $6,767,000. Sei Investments Co. raised its stake in shares of C.H. Robinson Worldwide by 3.0% in the fourth quarter. Sei Investments Co. now owns 64,685 shares of the transportation company’s stock worth $6,683,000 after purchasing an additional 1,877 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $4,747,000. Blueshift Asset Management LLC purchased a new position in shares of C.H. Robinson Worldwide during the fourth quarter valued at approximately $280,000. Finally, iA Global Asset Management Inc. grew its holdings in C.H. Robinson Worldwide by 4.9% during the fourth quarter. iA Global Asset Management Inc. now owns 8,088 shares of the transportation company’s stock worth $836,000 after buying an additional 378 shares in the last quarter. 93.15% of the stock is owned by institutional investors.

C.H. Robinson Worldwide Stock Performance

Shares of CHRW stock opened at $99.95 on Friday. The firm’s 50 day moving average is $100.79 and its 200 day moving average is $104.42. The stock has a market capitalization of $11.86 billion, a P/E ratio of 25.96, a PEG ratio of 1.16 and a beta of 0.83. C.H. Robinson Worldwide, Inc. has a 12 month low of $65.00 and a 12 month high of $114.82. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Wednesday, January 29th. The transportation company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. On average, sell-side analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Friday, March 7th. C.H. Robinson Worldwide’s dividend payout ratio is presently 64.42%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CHRW. StockNews.com downgraded shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Friday, March 7th. Robert W. Baird boosted their price target 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. JPMorgan Chase & Co. reduced their price objective on shares of C.H. Robinson Worldwide from $133.00 to $131.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Stephens reissued an “equal weight” rating and set a $111.00 target price on shares of C.H. Robinson Worldwide in a research report on Thursday, January 30th. Finally, Barclays upped their target price on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the company an “underweight” rating in a report on Friday, January 17th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.65.

Insider Activity

In other news, insider Angela K. Freeman sold 8,000 shares of the company’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $100.39, for a total value of $803,120.00. Following the transaction, the insider now owns 77,027 shares of the company’s stock, valued at approximately $7,732,740.53. This represents a 9.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael D. Castagnetto sold 2,032 shares of C.H. Robinson Worldwide stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $103.81, for a total value of $210,941.92. Following the sale, the insider now directly owns 34,469 shares of the company’s stock, valued at $3,578,226.89. This represents a 5.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,048 shares of company stock worth $1,513,656 over the last ninety days. Company insiders own 1.47% of the company’s stock.

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.