Wealth Science Advisors LLC Buys 9,683 Shares of C.H. Robinson Worldwide, Inc. $CHRW

Wealth Science Advisors LLC bought a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 9,683 shares of the transportation company’s stock, valued at approximately $1,433,000. C.H. Robinson Worldwide comprises approximately 0.6% of Wealth Science Advisors LLC’s holdings, making the stock its 25th largest holding.

Several other institutional investors have also recently added to or reduced their stakes in CHRW. Continuum Advisory LLC acquired a new stake in C.H. Robinson Worldwide during the second quarter worth approximately $27,000. NBH Bank acquired a new position in shares of C.H. Robinson Worldwide in the 2nd quarter valued at $29,000. Millstone Evans Group LLC grew its position in shares of C.H. Robinson Worldwide by 79.8% in the 1st quarter. Millstone Evans Group LLC now owns 160 shares of the transportation company’s stock valued at $27,000 after buying an additional 71 shares during the last quarter. Burkett Financial Services LLC purchased a new position in shares of C.H. Robinson Worldwide in the 3rd quarter valued at $25,000. Finally, Cornerstone Planning Group LLC raised its stake in C.H. Robinson Worldwide by 57.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 184 shares of the transportation company’s stock worth $31,000 after acquiring an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 93.15% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Citigroup restated a “market outperform” rating on shares of C.H. Robinson Worldwide in a research note on Tuesday. Bank of America reissued a “buy” rating and issued a $203.00 target price on shares of C.H. Robinson Worldwide in a report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $220.00 target price on shares of C.H. Robinson Worldwide in a research report on Wednesday, July 22nd. BMO Capital Markets lifted their price target on C.H. Robinson Worldwide from $180.00 to $190.00 and gave the stock a “market perform” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. reduced their price objective on C.H. Robinson Worldwide from $225.00 to $198.00 and set an “overweight” rating for the company in a research note on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $194.76.

C.H. Robinson Worldwide Price Performance

Shares of CHRW opened at $142.31 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.58 and a current ratio of 1.58. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $123.64 and a fifty-two week high of $210.33. The firm has a 50-day simple moving average of $148.22 and a 200-day simple moving average of $168.79. The company has a market capitalization of $16.63 billion, a price-to-earnings ratio of 27.16, a price-to-earnings-growth ratio of 1.18 and a beta of 0.94.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Wednesday, July 29th. The transportation company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.08. The firm had revenue of $4.93 billion for the quarter, compared to analysts’ expectations of $4.35 billion. C.H. Robinson Worldwide had a return on equity of 38.36% and a net margin of 3.73%. The firm’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.29 EPS. On average, equities research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 6.21 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, September 4th. C.H. Robinson Worldwide’s dividend payout ratio is 48.09%.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain service providers. The company helps businesses plan, manage and execute the movement of freight across domestic and international markets.

Its services include truckload and less-than-truckload freight brokerage, intermodal transportation, ocean and air freight forwarding, customs services, and transportation management. C.H. Robinson also provides technology and data-driven tools designed to improve shipment planning, visibility, routing and logistics performance.

Founded in 1905 and headquartered in Eden Prairie, Minnesota, C.H.