Kirr Marbach & Co. LLC IN Takes Position in C.H. Robinson Worldwide, Inc. $CHRW

Kirr Marbach & Co. LLC IN bought a new stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 21,194 shares of the transportation company’s stock, valued at approximately $3,523,000.

Other institutional investors have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new stake in C.H. Robinson Worldwide in the fourth quarter valued at approximately $25,000. DV Equities LLC acquired a new position in shares of C.H. Robinson Worldwide during the fourth quarter worth approximately $27,000. Bayban bought a new position in shares of C.H. Robinson Worldwide in the 4th quarter worth $32,000. Vermillion & White Wealth Management Group LLC bought a new position in shares of C.H. Robinson Worldwide in the 3rd quarter worth $27,000. Finally, Western Pacific Wealth Management LP acquired a new stake in C.H. Robinson Worldwide in the 4th quarter valued at $36,000. 93.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CHRW. Wells Fargo & Company upped their price objective on shares of C.H. Robinson Worldwide from $210.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Weiss Ratings cut shares of C.H. Robinson Worldwide from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Jefferies Financial Group raised shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and boosted their target price for the stock from $195.00 to $200.00 in a research report on Wednesday, May 20th. Bank of America dropped their price target on shares of C.H. Robinson Worldwide from $225.00 to $219.00 and set a “buy” rating on the stock in a research report on Friday, March 27th. Finally, UBS Group lifted their price target on C.H. Robinson Worldwide from $224.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Sixteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $195.65.

C.H. Robinson Worldwide Price Performance

CHRW opened at $178.84 on Wednesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.59 and a quick ratio of 1.59. The company has a market capitalization of $21.08 billion, a price-to-earnings ratio of 36.20, a P/E/G ratio of 1.62 and a beta of 0.91. The firm’s fifty day moving average price is $178.92 and its two-hundred day moving average price is $175.57. C.H. Robinson Worldwide, Inc. has a 1 year low of $92.36 and a 1 year high of $203.34.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its earnings results on Wednesday, April 29th. The transportation company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.24 by $0.11. C.H. Robinson Worldwide had a net margin of 3.70% and a return on equity of 35.49%. The company had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $4.05 billion. During the same quarter in the prior year, the company posted $1.17 earnings per share. The firm’s revenue for the quarter was down .9% on a year-over-year basis. As a group, analysts anticipate that C.H. Robinson Worldwide, Inc. will post 6.09 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th will be paid a $0.63 dividend. The ex-dividend date is Friday, June 5th. This represents a $2.52 annualized dividend and a yield of 1.4%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 51.01%.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.