C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Shares Bought by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC grew its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 43,660 shares of the transportation company’s stock after acquiring an additional 438 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in C.H. Robinson Worldwide were worth $4,511,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CHRW. National Pension Service acquired a new position in C.H. Robinson Worldwide during the 4th quarter worth $25,000. Venturi Wealth Management LLC boosted its position in C.H. Robinson Worldwide by 83.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company’s stock worth $27,000 after acquiring an additional 111 shares during the period. Proficio Capital Partners LLC acquired a new position in C.H. Robinson Worldwide during the 4th quarter worth $33,000. Missouri Trust & Investment Co acquired a new position in C.H. Robinson Worldwide during the 4th quarter worth $41,000. Finally, Mainstream Capital Management LLC 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 Stock Up 4.4 %

NASDAQ:CHRW opened at $102.45 on Friday. The firm has a market capitalization of $12.16 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 1.16 and a beta of 0.83. 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 current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. The business’s fifty day moving average price is $101.69 and its 200 day moving average price is $104.64.

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

C.H. Robinson Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th will be paid a dividend of $0.62 per share. The ex-dividend date is Friday, March 7th. This represents a $2.48 annualized dividend and a dividend yield of 2.42%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 64.42%.

Analysts Set New Price Targets

A number of research firms have recently commented on CHRW. StockNews.com downgraded C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research note on Friday. Robert W. Baird boosted their price objective 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. Benchmark reissued a “buy” rating and issued a $125.00 price objective on shares of C.H. Robinson Worldwide in a research note on Friday, January 31st. Susquehanna dropped their price objective on C.H. Robinson Worldwide from $130.00 to $127.00 and set a “positive” rating on the stock in a research note on Thursday, January 30th. Finally, Raymond James dropped their price objective on C.H. Robinson Worldwide from $123.00 to $118.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, C.H. Robinson Worldwide has a consensus rating of “Moderate Buy” and a consensus price target of $117.79.

Insider Transactions at C.H. Robinson Worldwide

In related news, insider Michael D. Castagnetto sold 5,016 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total transaction of $499,593.60. Following the completion of the sale, the insider now owns 34,586 shares in the company, valued at $3,444,765.60. This represents a 12.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Angela K. Freeman sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $100.39, for a total value of $803,120.00. Following the completion of the transaction, the insider now directly owns 77,027 shares of the company’s stock, valued at approximately $7,732,740.53. This trade represents a 9.41 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,048 shares of company stock worth $1,513,656. 1.47% of the stock is owned by corporate insiders.

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.