Guidance Capital Inc. Purchases Shares of 8,415 C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Guidance Capital Inc. acquired a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 8,415 shares of the transportation company’s stock, valued at approximately $910,000.

Several other large investors have also made changes to their positions in CHRW. Venturi Wealth Management LLC increased its position in shares of C.H. Robinson Worldwide by 83.5% in the third quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company’s stock worth $27,000 after acquiring an additional 111 shares in the last quarter. Missouri Trust & Investment Co purchased a new position in C.H. Robinson Worldwide in the fourth quarter valued at about $41,000. Quarry LP raised its position in C.H. Robinson Worldwide by 76.7% in the third quarter. Quarry LP now owns 394 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 171 shares during the period. Brooklyn Investment Group lifted its stake in shares of C.H. Robinson Worldwide by 213.5% during the fourth quarter. Brooklyn Investment Group now owns 464 shares of the transportation company’s stock worth $48,000 after purchasing an additional 316 shares in the last quarter. Finally, Eastern Bank purchased a new stake in shares of C.H. Robinson Worldwide in the third quarter worth about $54,000. 93.15% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. The Goldman Sachs Group raised their target price on C.H. Robinson Worldwide from $97.00 to $107.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Susquehanna reduced their target price on shares of C.H. Robinson Worldwide from $130.00 to $127.00 and set a “positive” rating on the stock in a research report on Thursday, January 30th. Bank of America decreased their target price on shares of C.H. Robinson Worldwide from $130.00 to $122.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. BMO Capital Markets lifted their price target on shares of C.H. Robinson Worldwide from $115.00 to $118.00 and gave the stock a “market perform” rating in a research note on Friday, December 13th. Finally, JPMorgan Chase & Co. decreased 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. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $117.17.

C.H. Robinson Worldwide Stock Up 0.7 %

Shares of NASDAQ:CHRW opened at $98.83 on Wednesday. The company’s fifty day moving average is $105.18 and its two-hundred day moving average is $104.17. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.28. C.H. Robinson Worldwide, Inc. has a 1-year low of $65.00 and a 1-year high of $114.82. The stock has a market capitalization of $11.68 billion, a price-to-earnings ratio of 25.67, a price-to-earnings-growth ratio of 1.15 and a beta of 0.82.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.11. C.H. Robinson Worldwide had a net margin of 2.63% and a return on equity of 34.53%. Equities analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.81 EPS for the current year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 6th were given a dividend of $0.62 per share. The ex-dividend date was Friday, December 6th. This represents a $2.48 dividend on an annualized basis and a yield of 2.51%. C.H. Robinson Worldwide’s dividend payout ratio is currently 64.42%.

Insider Buying and Selling

In other news, insider Michael John Short sold 10,408 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the insider now directly owns 70,943 shares in the company, valued at approximately $7,794,507.41. The trade was a 12.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michael D. Castagnetto sold 2,032 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now owns 34,469 shares in the company, valued at approximately $3,578,226.89. This represents a 5.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by company 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.