Neumann Capital Management LLC Grows Stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Neumann Capital Management LLC lifted its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,890 shares of the transportation company’s stock after buying an additional 500 shares during the period. Neumann Capital Management LLC’s holdings in C.H. Robinson Worldwide were worth $1,952,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of CHRW. Inspire Investing LLC acquired a new stake in C.H. Robinson Worldwide during the 4th quarter valued at approximately $810,000. Avior Wealth Management LLC increased its stake in shares of C.H. Robinson Worldwide by 24.6% in the fourth quarter. Avior Wealth Management LLC now owns 963 shares of the transportation company’s stock worth $99,000 after buying an additional 190 shares during the last quarter. Mutual Advisors LLC raised its holdings in C.H. Robinson Worldwide by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 11,544 shares of the transportation company’s stock valued at $1,185,000 after acquiring an additional 225 shares in the last quarter. SG Americas Securities LLC boosted its stake in C.H. Robinson Worldwide by 61.6% during the 4th quarter. SG Americas Securities LLC now owns 30,574 shares of the transportation company’s stock valued at $3,159,000 after acquiring an additional 11,658 shares during the last quarter. Finally, Missouri Trust & Investment Co acquired a new position in C.H. Robinson Worldwide during the 4th quarter worth $41,000. Institutional investors and hedge funds own 93.15% of the company’s stock.

C.H. Robinson Worldwide Price Performance

NASDAQ CHRW opened at $107.00 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.86. C.H. Robinson Worldwide, Inc. has a 1 year low of $65.00 and a 1 year high of $114.82. The company has a market cap of $12.65 billion, a PE ratio of 37.02, a PEG ratio of 0.87 and a beta of 0.83. The stock’s 50-day moving average price is $105.92 and its two-hundred day moving average price is $103.00.

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

C.H. Robinson Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 6th were given a $0.62 dividend. The ex-dividend date was Friday, December 6th. This represents a $2.48 annualized dividend and a dividend yield of 2.32%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 85.81%.

Insider Activity

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Robert W. Baird lifted their price target on C.H. Robinson Worldwide from $115.00 to $124.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Raymond James raised C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and set a $123.00 price target on the stock in a research report on Friday, January 10th. Susquehanna raised shares of C.H. Robinson Worldwide from a “neutral” rating to a “positive” rating and lifted their price objective for the stock from $115.00 to $130.00 in a report on Friday, January 3rd. The Goldman Sachs Group raised their price target on shares of C.H. Robinson Worldwide from $97.00 to $107.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Finally, Evercore ISI lifted their price target on shares of C.H. Robinson Worldwide from $112.00 to $122.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.