Blair William & Co. IL Sells 886 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Blair William & Co. IL decreased its holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 4.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,049 shares of the transportation company’s stock after selling 886 shares during the period. Blair William & Co. IL’s holdings in C.H. Robinson Worldwide were worth $2,175,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Parallel Advisors LLC raised its stake in C.H. Robinson Worldwide by 2.4% in the 4th quarter. Parallel Advisors LLC now owns 4,290 shares of the transportation company’s stock valued at $443,000 after acquiring an additional 102 shares during the period. Cascade Investment Advisors Inc. lifted its stake in shares of C.H. Robinson Worldwide by 0.7% during the 4th quarter. Cascade Investment Advisors Inc. now owns 15,987 shares of the transportation company’s stock worth $1,652,000 after buying an additional 105 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of C.H. Robinson Worldwide by 3.5% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,873 shares of the transportation company’s stock worth $400,000 after buying an additional 131 shares during the period. SkyView Investment Advisors LLC grew its stake in C.H. Robinson Worldwide by 2.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 6,498 shares of the transportation company’s stock valued at $717,000 after buying an additional 144 shares during the last quarter. Finally, Sound Financial Strategies Group LLC raised its holdings in C.H. Robinson Worldwide by 1.9% in the 4th quarter. Sound Financial Strategies Group LLC now owns 8,387 shares of the transportation company’s stock valued at $867,000 after acquiring an additional 156 shares during the period. 93.15% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Stifel Nicolaus raised C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $113.00 target price on the stock in a research report on Friday, January 31st. Bank of America lowered their price objective on C.H. Robinson Worldwide from $122.00 to $119.00 and set a “buy” rating on the stock in a research report on Friday, March 28th. Wells Fargo & Company reduced their target price on shares of C.H. Robinson Worldwide from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. StockNews.com lowered shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research report on Friday, March 7th. Finally, TD Cowen increased their target price on shares of C.H. Robinson Worldwide from $113.00 to $119.00 and gave the stock a “hold” rating in a research report on Friday, December 13th. One analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $118.89.

C.H. Robinson Worldwide Stock Performance

NASDAQ CHRW opened at $102.76 on Wednesday. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $65.00 and a fifty-two week high of $114.82. The stock has a market cap of $12.15 billion, a PE ratio of 26.69, a PEG ratio of 1.16 and a beta of 0.83. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.28. The firm’s fifty day moving average price is $100.50 and its two-hundred day moving average price is $104.47.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Wednesday, January 29th. The transportation company reported $1.21 earnings per share (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, equities analysts expect that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 7th were issued a $0.62 dividend. The ex-dividend date was Friday, March 7th. This represents a $2.48 dividend on an annualized basis and a yield of 2.41%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 64.42%.

Insider Buying and Selling

In other news, insider Angela K. Freeman sold 8,000 shares of C.H. Robinson Worldwide stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $100.39, for a total transaction of $803,120.00. Following the transaction, the insider now owns 77,027 shares in the company, valued at approximately $7,732,740.53. The trade was a 9.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Castagnetto sold 5,016 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $99.60, for a total value of $499,593.60. Following the completion of the sale, the insider now owns 34,586 shares of the company’s stock, valued at $3,444,765.60. The trade was a 12.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.47% of the stock is owned by corporate insiders.

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.