Xponance Inc. Has $1.87 Million Stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Xponance Inc. increased its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 10.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,071 shares of the transportation company’s stock after purchasing an additional 1,708 shares during the quarter. Xponance Inc.’s holdings in C.H. Robinson Worldwide were worth $1,867,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its stake in C.H. Robinson Worldwide by 2.4% in the fourth 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 last quarter. Cascade Investment Advisors Inc. lifted its stake in C.H. Robinson Worldwide by 0.7% in the fourth quarter. Cascade Investment Advisors Inc. now owns 15,987 shares of the transportation company’s stock valued at $1,652,000 after acquiring an additional 105 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in shares of C.H. Robinson Worldwide by 3.5% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,873 shares of the transportation company’s stock valued at $400,000 after purchasing an additional 131 shares during the period. SkyView Investment Advisors LLC raised its position in shares of C.H. Robinson Worldwide by 2.3% in the third quarter. SkyView Investment Advisors LLC now owns 6,498 shares of the transportation company’s stock valued at $717,000 after purchasing an additional 144 shares during the period. Finally, Sound Financial Strategies Group LLC raised its position in shares of C.H. Robinson Worldwide by 1.9% in the fourth quarter. Sound Financial Strategies Group LLC now owns 8,387 shares of the transportation company’s stock valued at $867,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds own 93.15% of the company’s stock.

C.H. Robinson Worldwide Trading Up 0.7 %

CHRW opened at $99.95 on Friday. The company’s 50 day moving average is $100.79 and its 200-day moving average is $104.42. 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 company has a market cap of $11.86 billion, a P/E ratio of 25.96, a PEG ratio of 1.16 and a beta of 0.83.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates 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 research analysts predict that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

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 $0.62 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.48%. C.H. Robinson Worldwide’s payout ratio is currently 64.42%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

CHRW has been the topic of several research analyst reports. Truist Financial initiated coverage on shares of C.H. Robinson Worldwide in a research report on Thursday, March 13th. They issued a “buy” rating and a $115.00 price objective on the stock. 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. TD Cowen increased their price objective on shares of C.H. Robinson Worldwide from $113.00 to $119.00 and gave the company a “hold” rating in a research report on Friday, December 13th. Stifel Nicolaus raised shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a research report on Friday, January 31st. Finally, Citigroup dropped their price objective on shares of C.H. Robinson Worldwide from $130.00 to $124.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, C.H. Robinson Worldwide currently has an average rating of “Moderate Buy” and an average target price of $117.65.

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.